| __timestamp | Micron Technology, Inc. | Nokia Oyj |
|---|---|---|
| Wednesday, January 1, 2014 | 707000000 | 1634000000 |
| Thursday, January 1, 2015 | 719000000 | 1651000000 |
| Friday, January 1, 2016 | 659000000 | 3819000000 |
| Sunday, January 1, 2017 | 743000000 | 3615000000 |
| Monday, January 1, 2018 | 813000000 | 3463000000 |
| Tuesday, January 1, 2019 | 836000000 | 3101000000 |
| Wednesday, January 1, 2020 | 881000000 | 2898000000 |
| Friday, January 1, 2021 | 894000000 | 2792000000 |
| Saturday, January 1, 2022 | 1066000000 | 3013000000 |
| Sunday, January 1, 2023 | 920000000 | 2929000000 |
| Monday, January 1, 2024 | 1129000000 |
Infusing magic into the data realm
In the competitive landscape of technology giants, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. This analysis delves into the SG&A cost optimization strategies of Micron Technology, Inc. and Nokia Oyj from 2014 to 2023.
Micron Technology has demonstrated a consistent approach to managing its SG&A expenses, with a notable increase of approximately 60% from 2014 to 2023. The company maintained a relatively stable cost structure, peaking in 2024 with a 13% increase from the previous year.
Nokia Oyj, on the other hand, exhibited more volatility in its SG&A expenses, with a significant spike in 2016. Despite this, Nokia managed to reduce its expenses by around 23% from 2016 to 2023, showcasing a strategic shift towards cost efficiency.
This comparative analysis highlights the distinct strategies employed by these tech leaders in optimizing their operational costs.
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