Gross Profit Analysis: Comparing Advanced Micro Devices, Inc. and Nokia Oyj

AMD's Gross Profit Surges Past Nokia's in a Decade of Growth

__timestampAdvanced Micro Devices, Inc.Nokia Oyj
Wednesday, January 1, 201418390000005638000000
Thursday, January 1, 201510800000005454000000
Friday, January 1, 201610030000008457000000
Sunday, January 1, 201717870000009138000000
Monday, January 1, 201824470000008446000000
Tuesday, January 1, 201928680000008326000000
Wednesday, January 1, 202043470000008214000000
Friday, January 1, 202179290000008834000000
Saturday, January 1, 20221205100000010222000000
Sunday, January 1, 2023104600000008687000000
Monday, January 1, 202412725000000
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Data in motion

Gross Profit Analysis: AMD vs. Nokia

In the ever-evolving tech landscape, Advanced Micro Devices, Inc. (AMD) and Nokia Oyj have been pivotal players. Over the past decade, AMD has seen a remarkable transformation, with its gross profit surging by over 470% from 2014 to 2023. This growth is a testament to AMD's strategic innovations and market adaptability. In contrast, Nokia's gross profit has remained relatively stable, with a modest increase of around 54% during the same period. This stability reflects Nokia's consistent performance in the telecommunications sector.

In 2022, AMD's gross profit peaked at approximately $12 billion, surpassing Nokia's $10 billion, marking a significant milestone in AMD's financial journey. By 2023, AMD maintained its lead, although both companies experienced slight declines. This analysis underscores the dynamic nature of the tech industry, where innovation and strategic positioning are key to financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025