International Business Machines Corporation vs Micron Technology, Inc.: Examining Key Revenue Metrics

IBM vs. Micron: A Decade of Revenue Shifts

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Unleashing insights

A Tale of Two Tech Giants: IBM and Micron

In the ever-evolving landscape of technology, International Business Machines Corporation (IBM) and Micron Technology, Inc. have been pivotal players. From 2014 to 2024, IBM's revenue trajectory reveals a decline of approximately 32%, from $92.8 billion to $62.8 billion. This trend reflects the company's strategic shift towards cloud computing and AI, moving away from traditional hardware.

Conversely, Micron Technology has experienced a revenue surge of around 54% over the same period, peaking at $30.8 billion in 2022. This growth underscores Micron's pivotal role in the semiconductor industry, driven by increasing demand for memory and storage solutions.

While IBM's revenue dip highlights the challenges of transformation, Micron's ascent showcases the opportunities in the digital age. As these giants navigate the future, their contrasting paths offer valuable insights into the tech industry's dynamic nature.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025