Key Insights on Gross Profit: Analog Devices, Inc. vs Seagate Technology Holdings plc

Analog Devices vs. Seagate: A Decade of Diverging Profits

__timestampAnalog Devices, Inc.Seagate Technology Holdings plc
Wednesday, January 1, 201418301880003846000000
Thursday, January 1, 201522592620003809000000
Friday, January 1, 201622271730002615000000
Sunday, January 1, 201730615960003174000000
Monday, January 1, 201842333020003364000000
Tuesday, January 1, 201940137500002932000000
Wednesday, January 1, 202036904780002842000000
Friday, January 1, 202145250120002917000000
Saturday, January 1, 202275324740003469000000
Sunday, January 1, 202378772180001351000000
Monday, January 1, 202453813430001546000000
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Infusing magic into the data realm

A Tale of Two Giants: Analog Devices vs. Seagate Technology

In the ever-evolving landscape of technology, the financial performance of industry leaders offers a window into their strategic prowess. From 2014 to 2024, Analog Devices, Inc. and Seagate Technology Holdings plc have showcased contrasting trajectories in gross profit. Analog Devices has seen a remarkable growth, with its gross profit surging by over 300% from 2014 to 2023, peaking at approximately $7.9 billion in 2023. This growth reflects its robust market strategies and innovation in semiconductor solutions.

Conversely, Seagate Technology has experienced a decline, with its gross profit dropping by nearly 65% over the same period, reaching a low of $1.35 billion in 2023. This decline may indicate challenges in the data storage sector, possibly due to increased competition and shifts in consumer demand. As we look to 2024, these trends highlight the dynamic nature of the tech industry and the importance of adaptability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025