Gross Profit Analysis: Comparing QUALCOMM Incorporated and Western Digital Corporation

Tech Giants' Gross Profit: A Decade of Divergence

__timestampQUALCOMM IncorporatedWestern Digital Corporation
Wednesday, January 1, 2014158010000004360000000
Thursday, January 1, 2015149030000004221000000
Friday, January 1, 2016138050000003435000000
Sunday, January 1, 2017124990000006072000000
Monday, January 1, 2018124880000007705000000
Tuesday, January 1, 2019156740000003752000000
Wednesday, January 1, 2020142760000003781000000
Friday, January 1, 2021193040000004521000000
Saturday, January 1, 2022255650000005874000000
Sunday, January 1, 2023199510000001887000000
Monday, January 1, 2024219020000002945000000
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In pursuit of knowledge

Gross Profit Trends: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, the financial performance of industry leaders like QUALCOMM Incorporated and Western Digital Corporation offers a fascinating glimpse into market dynamics. Over the past decade, QUALCOMM has consistently outperformed Western Digital in terms of gross profit, showcasing a robust growth trajectory. From 2014 to 2024, QUALCOMM's gross profit surged by approximately 39%, peaking in 2022. In contrast, Western Digital experienced a more volatile journey, with a notable peak in 2018, followed by a decline of nearly 62% by 2023.

Key Insights

  • QUALCOMM's Resilience: Despite market fluctuations, QUALCOMM's gross profit remained strong, with a significant increase in 2022.
  • Western Digital's Challenges: Western Digital faced a downturn post-2018, highlighting potential challenges in adapting to market demands.

These trends underscore the importance of strategic innovation and market adaptability in sustaining financial growth in the tech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025