Osprey Flyer: Largest USA Tech Companies Earnings Dip (Charts) *Down QoQ, Up YoY*

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Largest USA Technology Companies

* Updated 11-4-11 for Qualcomm quarterly financial results reported 11-2-11 *
* Cisco reports next, 11-9-11 *

Largest USA Technology Companies Profits Dip

Largest USA Tech Companies Net Income QoQ The 9 Largest USA Tech Companies reported an average -7.78% decrease in quarterly net income, compared to the prior quarter. 5 of the 9 companies reported a decrease. The data and chart is updated for Qualcomm, which reported financial results 11-2-11. Qualcomm's Net Income QoQ decreased from +3.60% to +1.35%, but remained in 4th place. 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 +1.35%
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 +15.54% 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. The data and chart is updated for Qualcomm, which reported financial results 11-2-11. Qualcomm's Net Income YoY decreased from +34.94% to +21.27%, dropping from 3rd to 4th place. 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%
Google +25.93%
Qualcomm +21.27%
Intel +17.37%
HP +8.63%
IBM +7.08%
Microsoft +6.06%
Cisco -36.33%