Tech Earnings Barrage Summary

Tyler Durden's picture

GOOG, first on deck, swing, and a miss - Source

  • GOOGLE 4Q ADJ. EPS $9.50, EST. $10.50
  • GOOGLE 4Q REVENUE $10.58 BILLION, EST. $8.41
  • GOOGLE 4Q COST-PER-CLICK DOWN ABOUT 8%
  • GOOGLE 4Q PAID CLICKS UP ABOUT 34%
  • GOOGLE 4Q TAC $2.45 BILLION
  • GOOGLE 4Q CASH HOLDINGS $44.6 BILLION
  • GOOGLE OWNED WEB SITES GENERATED $7.29 BILLION IN REVENUE

Beat on top line, miss on EPS - Margin Compression?

Next: MSFT - Source

  • MICROSOFT 2Q REV. $20.89B, EST. $20.92B
  • MICROSOFT 2Q EPS. $0.78, EST. $0.76
  • MICROSOFT CORP BING U.S. MARKET SHARE, AT 15.1% UP 300 BPS Y/Y
  • More layoffs: Microsoft is revising operating expense guidance downward to $28.5 billion to $28.9 billion for the full year ending June 30, 2012.

Beat on bottom, miss on top

Next: IBM - Source

  • IBM 4Q REV. $29.49B, EST. $29.71B
  • IBM 4Q OPER EPS: $4.71, EST. 4.62
  • Full year 2012 Expectations: GAAP EPS of at least $14.16 and operating (non-GAAP) EPS of at least $14.85

Beat on bottom, miss on top

Next: INTC - Source

  • INTEL 4Q REV. $13.89B, EST. $13.72B
  • INTEL 4Q EPS 64C, EST. 61C
  • INTEL SEES 1Q REV. $12.8B +/- $500M, EST. $12.76B
  • INTEL SEES Q1 GROSS MARGIN AT 63%

Beat on top and bottom.

GOOG -9% after hours...

and in context...back to 11/25 lows

 

and IBM +2% after-hours