International Business Machines Corporation and Seagate Technology Holdings plc: A Comprehensive Revenue Analysis

IBM vs. Seagate: A Decade of Revenue Shifts

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Unveiling the hidden dimensions of data

A Decade of Revenue Trends: IBM vs. Seagate

In the ever-evolving landscape of technology, International Business Machines Corporation (IBM) and Seagate Technology Holdings plc have been pivotal players. Over the past decade, IBM's revenue has seen a notable decline, dropping approximately 32% from its peak in 2014. This trend reflects the company's strategic shift towards cloud computing and AI, moving away from traditional hardware. Meanwhile, Seagate's revenue has remained relatively stable, with a slight dip of around 5% since 2014, showcasing its resilience in the data storage sector.

Key Insights

  • IBM's Transition: The decline in IBM's revenue highlights its transition from hardware to software and services.
  • Seagate's Stability: Despite market fluctuations, Seagate's revenue stability underscores its stronghold in data storage solutions.

As we look towards 2024, these trends offer a glimpse into the strategic directions and market adaptations of these tech giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025