Global Components
“In our global components business, the broader ecosystem inventory correction persists. Given the market environment, we remain focused on our suppliers and customers while managing the operational factors within our control,” said Mr. Kerins.
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Global Components |
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Quarter Ended |
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Nine Months Ended |
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September 28, |
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September 30, |
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September 28, |
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September 30, |
(in millions) |
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2024 |
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2023 |
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2024 |
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2023 |
Global components sales |
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$ |
4,946 |
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$ |
6,245 |
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$ |
15,170 |
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$ |
19,784 |
Global components operating income |
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189 |
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379 |
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624 |
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1,178 |
Global components non-GAAP operating income |
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193 |
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386 |
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654 |
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1,198 |
In the third quarter of 2024, global components sales decreased 21 percent year over year. Americas components third-quarter sales decreased 12 percent year over year. EMEA components third-quarter sales decreased 35 percent year over year and decreased 36 percent year over year on a constant currency basis. Asia-Pacific components third-quarter sales decreased 15 percent year over year.
Global Enterprise Computing Solutions
“We saw better momentum and strong sales growth in our global ECS business, highlighted by a healthy market for hybrid cloud solutions, steady market dynamics in Europe, and an improving trajectory for us in North America,” said Mr. Kerins.
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| Global Enterprise Computing Solutions (ECS) |
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Quarter Ended |
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Nine Months Ended |
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September 28, |
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September 30, |
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September 28, |
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September 30, |
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2024 |
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2023 |
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2024 |
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2023 |
| Global ECS sales |
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$ |
1,877 |
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$ |
1,762 |
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$ |
5,471 |
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$ |
5,474 |
| Global ECS operating income |
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76 |
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55 |
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250 |
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222 |
| Global ECS non-GAAP operating income |
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77 |
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56 |
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253 |
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226 |
