Key Insights on Gross Profit: International Business Machines Corporation vs Telefonaktiebolaget LM Ericsson (publ)

IBM vs. Ericsson: A Decade of Gross Profit Trends

__timestampInternational Business Machines CorporationTelefonaktiebolaget LM Ericsson (publ)
Wednesday, January 1, 20144640700000082427000000
Thursday, January 1, 20154068400000085819000000
Friday, January 1, 20163851600000066365000000
Sunday, January 1, 20173694300000044545000000
Monday, January 1, 20183693600000068200000000
Tuesday, January 1, 20193153300000084824000000
Wednesday, January 1, 20203086500000093724000000
Friday, January 1, 202131486000000100749000000
Saturday, January 1, 202232687000000113295000000
Sunday, January 1, 202334300000000101602000000
Monday, January 1, 202435551000000
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Cracking the code

A Decade of Gross Profit: IBM vs. Ericsson

In the ever-evolving landscape of global technology giants, International Business Machines Corporation (IBM) and Telefonaktiebolaget LM Ericsson (publ) have been pivotal players. Over the past decade, from 2014 to 2023, these companies have showcased contrasting trajectories in their gross profit margins.

IBM's Steady Decline

IBM's gross profit has seen a gradual decline, starting at a peak in 2014 and dropping by approximately 26% by 2023. This trend reflects the challenges IBM has faced in adapting to the rapidly changing tech environment.

Ericsson's Resilient Growth

Conversely, Ericsson has demonstrated resilience, with its gross profit increasing by about 23% from 2014 to 2023. This growth underscores Ericsson's strategic focus on telecommunications and 5G technology.

Missing Data in 2024

While the data for 2024 is incomplete for Ericsson, the trends from the previous years provide a compelling narrative of two industry titans navigating their unique paths.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025