| Stage | IBM | % of rev | MSFT | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $17.1B | 100.00% | $92.3B | 100.00% | MSFT ×5.40 |
| Gross profit | $9.7B | 56.80% | $62.6B | 67.79% | MSFT +11.0pp |
| Operating income | $3.0B | 17.48% | $45.9B | 49.76% | MSFT +32.3pp |
| Pre-tax income | $2.5B | 14.60% | $46.0B | 49.80% | MSFT +35.2pp |
| Net income | $2.2B | 12.80% | $36.6B | 39.69% | MSFT +26.9pp |
| Stage | IBM | MSFT | Gap · A − B |
|---|---|---|---|
| Revenue | $17.1B100.00% | $92.3B100.00% | MSFT ×5.40 |
| Gross profit | 56.80%$9.7B | 67.79%$62.6B | MSFT +11.0pp |
| Operating income | 17.48%$3.0B | 49.76%$45.9B | MSFT +32.3pp |
| Pre-tax income | 14.60%$2.5B | 49.80%$46.0B | MSFT +35.2pp |
| Net income |
| 12.80%$2.2B |
| 39.69%$36.6B |
| MSFT +26.9pp |
IBM · SNX 10-KJan 24 '25
“Our primary OEM suppliers include Apple, Inc., Cisco Systems, Inc., Dell, Inc., Hewlett-Packard Enterprise Company, HP Inc., International Business Machines Corporation, Lenovo Group Ltd., Microsoft Corporation, and Samsung Electronics Co., Ltd.”
MSFT · SNX 10-KJan 24 '25
“Our primary OEM suppliers include Apple, Inc., Cisco Systems, Inc., Dell, Inc., Hewlett-Packard Enterprise Company, HP Inc., International Business Machines Corporation, Lenovo Group Ltd., Microsoft Corporation, and Samsung Electronics Co., Ltd.”
IBM · ACIW 10-KFeb 26 '26
“We have alliances with our technology partners Microsoft Corporation, Amazon, HPE, IBM, Red Hat, and Oracle, whose industry-leading hardware, software, and cloud-based infrastructure services are utilized by and in delivery of ACI's products.”
MSFT · ACIW 10-KFeb 26 '26
“We have alliances with our technology partners Microsoft Corporation, Amazon, HPE, IBM, Red Hat, and Oracle, whose industry-leading hardware, software, and cloud-based infrastructure services are utilized by and in delivery of ACI's products.”