QUALCOMM Incorporated or Nokia Oyj: Who Leads in Yearly Revenue?

Qualcomm vs. Nokia: A Revenue Showdown

In the ever-evolving tech landscape, Qualcomm and Nokia have been titans in the telecommunications industry. Over the past decade, Qualcomm has consistently outpaced Nokia in annual revenue. From 2014 to 2023, Qualcomm's revenue surged by approximately 47%, peaking at $44.2 billion in 2022. In contrast, Nokia's revenue remained relatively stable, with a modest increase of around 75% from its lowest point in 2015.

Qualcomm's revenue growth is particularly notable in 2021, where it jumped by 43% compared to the previous year, reflecting its strategic advancements in 5G technology. Meanwhile, Nokia's revenue saw a slight uptick in 2022, reaching its highest point in the decade at $24.9 billion. However, the data for 2024 is incomplete, leaving room for speculation on future trends.

As these giants continue to innovate, the revenue race remains a captivating narrative in the tech world.