Gross Profit Comparison: International Business Machines Corporation and Nokia Oyj Trends

IBM vs. Nokia: A Decade of Financial Shifts

__timestampInternational Business Machines CorporationNokia Oyj
Wednesday, January 1, 2014464070000005638000000
Thursday, January 1, 2015406840000005454000000
Friday, January 1, 2016385160000008457000000
Sunday, January 1, 2017369430000009138000000
Monday, January 1, 2018369360000008446000000
Tuesday, January 1, 2019315330000008326000000
Wednesday, January 1, 2020308650000008214000000
Friday, January 1, 2021314860000008834000000
Saturday, January 1, 20223268700000010222000000
Sunday, January 1, 2023343000000008687000000
Monday, January 1, 202435551000000
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In pursuit of knowledge

A Decade of Gross Profit Trends: IBM vs. Nokia

In the ever-evolving tech landscape, the financial performance of giants like International Business Machines Corporation (IBM) and Nokia Oyj offers a fascinating glimpse into industry dynamics. From 2014 to 2023, IBM's gross profit has seen a decline of approximately 26%, from a peak in 2014 to a low in 2021, before a slight recovery in 2023. Meanwhile, Nokia's gross profit has shown a more stable trajectory, with a notable 88% increase from 2015 to 2022, peaking in 2022. This divergence highlights IBM's challenges in maintaining its market dominance, while Nokia's strategic shifts have bolstered its financial health. The data for 2024 remains incomplete, leaving room for speculation on future trends. As these companies navigate the complexities of the global market, their financial journeys provide valuable insights into the broader tech industry's evolution.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025