Gross Profit Trends Compared: International Business Machines Corporation vs Western Digital Corporation

IBM vs WDC: A Decade of Gross Profit Trends

__timestampInternational Business Machines CorporationWestern Digital Corporation
Wednesday, January 1, 2014464070000004360000000
Thursday, January 1, 2015406840000004221000000
Friday, January 1, 2016385160000003435000000
Sunday, January 1, 2017369430000006072000000
Monday, January 1, 2018369360000007705000000
Tuesday, January 1, 2019315330000003752000000
Wednesday, January 1, 2020308650000003781000000
Friday, January 1, 2021314860000004521000000
Saturday, January 1, 2022326870000005874000000
Sunday, January 1, 2023343000000001887000000
Monday, January 1, 2024355510000002945000000
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Cracking the code

Gross Profit Trends: IBM vs Western Digital

In the ever-evolving landscape of technology, the financial performance of industry giants like International Business Machines Corporation (IBM) and Western Digital Corporation (WDC) offers a fascinating glimpse into their strategic maneuvers. Over the past decade, IBM's gross profit has seen a decline of approximately 24%, from its peak in 2014 to 2024. This trend reflects IBM's transition from hardware to a more service-oriented business model. Meanwhile, Western Digital's gross profit has experienced fluctuations, with a notable peak in 2018, followed by a significant drop by 2023, indicating the volatile nature of the storage solutions market.

Despite these challenges, both companies continue to adapt and innovate. IBM's focus on cloud computing and AI, and Western Digital's advancements in data storage technology, underscore their resilience in a competitive market. As we look to the future, these trends highlight the importance of strategic adaptation in sustaining financial growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025