Sunday, October 5, 2014

San Francisco/Silicon Valley 70 Largest Technology Company Audited 2013 Earnings Up 548% Over 2008

Since President Barack Obama will be attending 2 DNC Fundraisers in San Francisco, Calif. on Friday October 10, 2014 and on Saturday, October 11, 2014, I think it would be  helpful to research how the 70 San Francisco/Silicon Valley Technology Companies with Market Capitalizations now of at least $2 bil each and with annual audited financial statements filed with the SEC covering all years from 2007 to 2013 have done on the earnings front before, during and after the 2008 US financial meltdown.

The Total Audited Net Income from Continuing Operations of these 70 largest San Francisco/Silicon Valley Technology Companies for 2013 totaled a massive $107.8 bil, an increase of a spectacularly off-the-charts 548% over the $16.7 bil comparable total earnings for the financial meltdown year of 2008, the last year of the Presidency of George W. Bush/Dick Cheney.

In addition, the Total Audited Earnings of these 70 largest San Francisco/Silicon Valley Technology Companies in 2013 of $107.8 bil were up an off-the-charts 174% over the comparable earnings in 2007 of $39.4 bil, which was the peak year earnings before the disastrous effects of the 2008 financial meltdown hit......these San Francisco/Silicon Valley Technology Companies not only recouped the earnings they lost with the financial meltdown, but they also added another incredibly high 174% of earnings.

This nearly miraculous, incredibly off-the-charts earnings recovery for these 70 largest San Francisco/Silicon Valley Technology Companies from 2008 to the most recent 2013 occurred when Democrats controlled the US Senate, President Obama was in office and there were very effective US Fed Chairpersons.

Barack Obama has clearly shown that he is the High Technology President.

Below here are the Audited Net Income (Losses) of each of these 70 largest San Francisco/Silicon Valley Technology Companies for each of the following six years: 2013, 2012, 2011, 2009, 2008 and 2007:

2013 2012 2011 2009 2008 2007



Audited Audited Audited Audited Audited Audited


Most Net Net Net Net Net Net


Recent Income Income Income Income Income Income


FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
California Company HQs
mil $s mil $s mil $s mil $s mil $s mil $s









San Francisco Bay and Silicon Valley Areas






…..Technology

  




Apple Cupertino Sep 13     37,037     41,733     25,922        5,704          4,834        3,496
Google Mountain View Dec 13     12,214     10,737        9,737        6,520          4,227        4,204
Oracle Redwood City May 13     10,955     10,925        9,981        6,135          5,593        5,521
Intel Santa Clara Dec 13        9,620     11,005     12,942        4,369          5,292        6,976
Cisco Systems San Jose Jul 14        7,853        9,983        8,041        7,767          6,134        8,052
Hewlett-Packard Palo Alto Oct 13        5,113   (12,650)        7,074        7,660          8,329        7,264
Visa Foster City Sep 13        4,980        2,142        3,646        2,352              804     (1,071)
eBay Inc San Jose Dec 13        2,856        2,609        3,229        2,389          1,779           348
Seagate Technology Cupertino Jun 14        1,570        1,838        2,862        1,609        (3,125)        1,251
Facebook Menlo Park Dec 13        1,500              53        1,000           229              (56)         (138)
Yahoo! Sunnyvale Dec 13        1,377        3,951        1,063           605              425           642
SanDisk Milpitas Dec 13        1,043           417           987           415        (1,987)           196
VMware Palo Alto Dec 13        1,014           746           724           197              290           218
Symantec Mountain View Mar 14           898           755        1,187           714        (6,786)           410
Intuit Mountain View Jul 14           861           823           764           539              447           447
Agilent Technologies Santa Clara Oct 13           724        1,153        1,012           (31)              693           638
Check Point Software Redwood City Dec 13           653           620           544           358              324           281
NetApp Sunnyvale Apr 14           638           505           605           400                65           310
Lam Research Fremont Jun 14           632           114           169           347           (302)           439
Xilinx San Jose Mar 14           630           488           530           357              362           369
KLA-Tencor Milpitas Jun 14           583           543           756           212           (523)           359
Avago Technologies San Jose Oct 13           552           563           552           (44)                57         (220)
Linear Technology Milpitas Jun 14           460           407           398           361              289           367
Altera San Jose Dec 13           440           557           771           251              360           290
Juniper Networks Sunnyvale Dec 13           440           187           425           115              512           361
NVIDIA Santa Clara Jan 14           440           563           581           (68)              (30)           798
Flextronics San Jose Mar 14           366           303           521              19        (6,136)         (681)
Maxim Integrated Products San Jose Jun 14           355           452           355           125                10           318
Marvell Technology Santa Clara Jan 14           315           307           615           353              147         (114)
Adobe Systems San Jose Nov 13           290           833           833           387              872           724
Applied Materials Santa Clara Oct 13           256           109        1,926         (305)              961        1,710
Synopsys Mountain View Oct 13           248           182           221           168              190           130
Autodesk San Rafael Jan 14           229           247           285              58              184           356
Trimble Navigation Sunnyvale Dec 13           218           190           149              64              141           117
Brocade Communication Syst San Jose Oct 13           209           195              51           (77)              167              77
Dolby Laboratories San Francisco Sep 13           190           265           311           243              199           143
Ubiquiti Networks San Jose Dec 13           177              80           103              (5)                10                5
Cadence Design Systems San Jose Dec 13           164           440              72         (150)        (1,857)           287
SYNNEX Fremont Nov 13           152           153           151              88                78              61
iGATE Fremont Dec 13           130           100              60              29                30              13
LSI Corp San Jose Dec 13           125           196              90           (48)           (622)     (2,487)
Netflix Los Gatos Dec 13           112              17           226           116                83              67
Integrated Device Technology San Jose Mar 14           111                3              38              40        (1,045)              34
Electronics for Imaging Fremont Dec 13           109              83              27              (2)           (113)              27
Equinix Redwood City Dec 13              96           130              92              69              108           (10)
Informatica Redwood City Dec 13              86              93           117              64                56              55
TIBCO Software Palo Alto Nov 13              84           122           113              62                52              52
Synaptics San Jose Jun 14              47              99              54              26                48              53
Fortinet Sunnyvale Dec 13              44              67              62              60                  7           (22)
SunPower Corp San Jose Dec 13              34         (352)         (614)              33                90              28
Open Table San Francisco Dec 13              33              24              22                5                (1)                9
LinkedIn Mountain View Dec 13              27              22              12              (4)                (5)                0
Guideware Software Foster City Jul 14              15              25              19              16              (11)           (17)
Electronic Arts Redwood City Mar 14                8              98              76         (677)        (1,088)         (454)
Yelp! San Francisco Dec 13           (10)           (19)           (17)              (2)                (6)              (3)
Riverbed Technology San Francisco Dec 13           (12)              55              64                7                11              15
Cavium San Jose Dec 13           (14)         (114)               -             (21)                  2                2
Cepheid Sunnyvale Dec 13           (17)           (20)           (23)           (22)              (22)
JDS Uniphase Milpitas Jun 14           (18)              57           (26)           (60)           (906)           (42)
Atmel Corp San Jose Dec 13           (22)              30           315         (109)              (27)              48
Aruba Networks Sunnyvale Jul 14           (29)           (32)              (9)           (34)              (23)           (17)
Zynga San Francisco Dec 13           (37)         (209)         (404)           (53)              (22)              (1)
NetSuite San Mateo Dec 13           (70)           (35)           (32)           (24)              (17)           (25)
Splunk San Francisco Jan 14           (79)           (37)           (11)              (7)              (15)              (7)
Advanced Micro Devices Sunnyvale Dec 13           (83)     (1,183)           495           296        (2,412)     (2,808)
Solar City San Mateo Dec 13         (152)         (114)           (74)           (23)              (26)           (11)
Workday Pleasanton Jan 14         (172)         (119)           (80)           (50)              (51)           (25)
Palo Alto Networks Santa Clara Jul 14         (226)           (29)                1           (21)              (19)           (16)
Salesforce.com San Francisco Jan 14         (232)         (270)           (12)              85                48              23
VeriFone Systems San Jose Oct 13         (295)              66           283         (138)           (425)           (34)









Total all 70

  107,845     93,277   101,959     50,043        16,652     39,388









% Earnings Increases







…..2013 Over 2008

548%




…..2013 Over 2007

174%





It's pretty clear to me that San Francisco/Silicon Valley Technology Company Earnings and thus also their related Stock Market Prices in the next two years have a much better chance of being much higher under a US Senate controlled by the Democrats than one controlled by the Republicans.  Profits of US Businesses and a rising US Stock Market have resulted from and will continue to result from a very effective Trifecta of President Obama, a Democratic Majority US Senate and Janet Yellen heading the US Fed.....you need all three of these or else the three-legged stool drops precipitously.  The many exceptionally bright San Francisco/Silicon Valley Area citizens are keenly aware of this and I think they will be very generous in adding to the financial coffers of the DNC and of the DSCC to help make this happen.  Just sayin.





More details to come.
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