Facebook released their earnings today, outperforming all expectations. Their staggering uptick wasn’t an fluke, either. In parsing the numbers, it’s clear that Facebook not only gets what everyone has known for some time, they’ve capitalized on it, too.
Apple CEO TIm Cook revealed today the company has snapped up 29 smaller companies since their FY 2013 ended. Some we know of, and some we’ve only heard snippets of information about. If what we know is any indication, it’s easy to see where Apple is going to push forward.
Apple released their earnings today, and their staggering sales figures continue on a trend pleasant to Wall Street. Their sales figures, however, didn’t make such an impact. The bread-and-butter of Apple, the iPhone/iPad duo, have slumping sales.
Generally the news is that Apple was discovered to have acquired a single company. Today it’s become apparent that Apple has been acquiring companies rather quickly, with Tim Cook himself confirming that they’d acquired 24 companies over the past 18 months. "That shows that we are on the prowl," said Cook.
Starting off the quarter with a record-breaking quarter for revenue from services, Apple showed a quarterly revenue of $45.6 billion USD. This amount works with a quarterly net profit of $10.2 billion, turning out $11.62 USD per diluted share for the quarter. This is Apple’s financial Q2 for 2014.
As it has been for the past several years, Google has reported a quarter in which they’re growing substantially. One of the more interesting things to have happened to the company in the first quarter of 2014 - also Google’s financial first quarter - is the sale of Motorola Mobility to Lenovo Group Limited. As such, the company began their presentation this week with a note on how they’ll be handling Motorola’s profits and losses from here until the final sale of the group.
This afternoon Tesla shared the results of their financial fourth quarter for 2013, making clear their successes in selling their electric Model S vehicle worldwide. Tesla made clear that this quarter they’ve sold 6,892 Model S automobiles, a record for the quarter for the company. They’ve also shown that with 22,477 vehicles sold, they’re rolling quite comfortably into 2014.
This afternoon Apple has shared their financial Q1 2014 results with the public, showing that, in the quarter leading up to the 30th anniversary of the Apple/Mac connection, the company continues to increase sales. This quarter's revenue racked up a cool $6.3 million compared to $5.6 million the quarter before and $5.5 million one year ago at this time.
Microsoft appears to be having a good quarter, as they've announced their financial second quarter (ending on December 31st, 2013), has resulted in record revenue. This revenue high-mark sits at $24.52 billion USD and represents double-digit growth in each of the following segments: commercial, devices, and consumer. Microsoft also seems to have found the correct combination of quality and public push for the Surface tablet lineup, as revenues from this set of devices doubled compared to the quarter leading up to this one.
This afternoon Facebook’s financial Q3 report included word that the company was running up on expectations for growth, beating both 3-month and 6-month totals over the 2012 season at this time. This earnings report included word from CEO Mark Zuckerberg that “the next phase of our company” was ready to unfurl. Facebook’s report began with word that they’d also attained a powerful 728 daily active users on average for the month of September, an increase of 25% compared to the same period in 2012.