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Thursday, October 27, 2011

Largest USA Tech Companies Profits Dip (Charts) *Down QoQ, Up YoY*

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Largest USA Technology Companies
*Updated 10-21-11 for latest quarterly financial results reported*
*Qualcomm reports 11-2-11*


Largest USA Technology Companies Profits Dip

Largest USA Tech Companies Net Income QoQ The 9 Largest USA Tech Companies reported an average -7.53% decrease in quarterly net income, compared to the prior quarter. 5 of the 9 companies reported a decrease. Some of these companies are on a fiscal year, therefore the latest quarter reported for each company is included.
How Tech Performed:
Intel +17.40%
Google +8.94%
IBM +4.83%
Qualcomm +3.60%
Microsoft -2.32%
Apple -9.37%
HP -16.41%
Cisco -31.82%
Oracle -42.66%


Largest USA Tech Companies Net Income YoY The 9 Largest USA Tech Companies reported an average +17.06% increase in quarterly net income, compared to the year-ago quarter. 8 of the 9 companies reported an increase. Only Cisco reported a YoY decrease. Some of these companies are on a fiscal year, therefore the latest quarter reported for each company is included.
How Tech Performed:
Apple +53.74%
Oracle +36.09%
Qualcomm +34.94%
Google +25.93%
Intel +17.37%
HP +8.63%
IBM +7.08%
Microsoft +6.06%
Cisco -36.33%


Related Story
Largest USA Tech Companies Quarterly Earnings Dip (Charts) *Financial position & performance update*

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