Gross Profit Comparison: Marvell Technology, Inc. and Nokia Oyj Trends

Marvell vs. Nokia: A Decade of Profit Trends

__timestamp	Marvell Technology, Inc.	Nokia Oyj
Wednesday, January 1, 2014	1750170000	5638000000
Thursday, January 1, 2015	1863257000	5454000000
Friday, January 1, 2016	1231092000	8457000000
Sunday, January 1, 2017	1288147000	9138000000
Monday, January 1, 2018	1461940000	8446000000
Tuesday, January 1, 2019	1458392000	8326000000
Wednesday, January 1, 2020	1356941000	8214000000
Friday, January 1, 2021	1488350000	8834000000
Saturday, January 1, 2022	2064225000	10222000000
Sunday, January 1, 2023	2987500000	8687000000
Monday, January 1, 2024	2293600000

Igniting the spark of knowledge

A Tale of Two Giants: Marvell Technology vs. Nokia Oyj

In the ever-evolving landscape of technology, Marvell Technology, Inc. and Nokia Oyj have carved distinct paths. From 2014 to 2023, Marvell's gross profit surged by approximately 71%, peaking in 2023. This growth reflects Marvell's strategic innovations and market adaptability. In contrast, Nokia's gross profit exhibited a more stable trajectory, with a notable peak in 2022, before a slight dip in 2023. This stability underscores Nokia's enduring legacy in telecommunications.

Key Insights

Marvell's Growth: From 2014 to 2023, Marvell's gross profit increased by over 70%, highlighting its dynamic growth strategy.
Nokia's Stability: Despite fluctuations, Nokia maintained a consistent gross profit, peaking in 2022.
Future Prospects: With Marvell's recent peak and Nokia's steady performance, both companies are poised for intriguing developments in the coming years.

Published by

U.S. Securities and Exchange Commission

Source link

sec.gov

Date published

28 Jan 2025