Key Insights on Gross Profit: International Business Machines Corporation vs Corning Incorporated

IBM vs. Corning: A Decade of Profit Trends

__timestampCorning IncorporatedInternational Business Machines Corporation
Wednesday, January 1, 2014405200000046407000000
Thursday, January 1, 2015365300000040684000000
Friday, January 1, 2016374600000038516000000
Sunday, January 1, 2017403200000036943000000
Monday, January 1, 2018446100000036936000000
Tuesday, January 1, 2019403500000031533000000
Wednesday, January 1, 2020353100000030865000000
Friday, January 1, 2021506300000031486000000
Saturday, January 1, 2022450600000032687000000
Sunday, January 1, 2023393100000034300000000
Monday, January 1, 2024427600000035551000000
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A Tale of Two Giants: IBM vs. Corning

In the ever-evolving landscape of technology and innovation, International Business Machines Corporation (IBM) and Corning Incorporated stand as titans with distinct trajectories. Over the past decade, IBM's gross profit has seen a notable decline, dropping from a peak in 2014 to a more modest figure in 2023. This represents a decrease of approximately 26%, reflecting the challenges faced by the tech giant in adapting to new market demands.

Conversely, Corning Incorporated, renowned for its glass and ceramics expertise, has demonstrated resilience. Despite fluctuations, Corning's gross profit in 2023 is nearly 6% higher than its 2014 figure, showcasing its ability to innovate and capture market share.

This comparison highlights the dynamic nature of the industry, where adaptability and innovation are key to sustaining growth. As we look to the future, these insights offer a glimpse into the strategic maneuvers of these industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025