So just how have these 112 largest San Francisco/Silicon Valley Area Technology Companies done on the earnings front before, during and after the 2008 financial meltdown? Just absolutely off-the-charts earnings improvement.
The Total Audited Net Income from Continuing Operations of these 112 largest San Francisco/Silicon Valley Area Technology Companies for the Two Years 2014 and 2013 Combined was $228 bil, an increase of an exceptionally off-the-charts $161 bil over the $67 bil comparable Total Earnings generated by these same companies in the US financial meltdown years of 2008 and 2009 Combined.
So if the question to answer is how much better off are these largest San Francisco/Silicon Valley Area Technology Companies now than they were during their 2008 and 2009 financial meltdown fiscal years, the answer is $161 bil better as audited earnings under US generally accepted accounting principles (US GAAP) are measured by the very prestigious US accounting profession.
Below here are the reported US GAAP Audited Net Income (Losses) of each of these 112 largest San Francisco/Silicon Valley Area Technology Companies for all of their fiscal years reported from 2008 through 2014, sorted by current Stock Market Capitalization:
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | |||
2014 | Audited | Audited | Audited | Audited | Audited | Audited | Audited | ||
Most | Net | Net | Net | Net | Net | Net | Net | ||
Recent | Income | Income | Income | Income | Income | Income | Income | ||
FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | ||
California Company | HQs | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | |
San Francisco Bay and Silicon Valley Areas | |||||||||
…..Technology | |||||||||
Apple | Cupertino | Sep | 39,510 | 37,037 | 41,733 | 25,922 | 14,013 | 8,235 | 4,834 |
Mountain View | Dec | 13,928 | 13,347 | 10,788 | 9,737 | 8,505 | 6,520 | 4,227 | |
Menlo Park | Dec | 2,940 | 1,500 | 53 | 1,000 | 606 | 229 | (56) | |
Oracle | Redwood City | May | 10,955 | 10,925 | 9,981 | 8,547 | 6,135 | 5,593 | 5,521 |
Visa | Foster City | Sep | 5,438 | 4,980 | 2,142 | 3,646 | 2,964 | 2,352 | 804 |
Intel | Santa Clara | Dec | 11,704 | 9,620 | 11,005 | 12,942 | 11,464 | 4,369 | 5,292 |
Cisco Systems | San Jose | Jul | 7,853 | 9,983 | 8,041 | 6,490 | 7,767 | 6,134 | 8,052 |
eBay Inc | San Jose | Dec | 46 | 2,856 | 2,609 | 3,229 | 1,801 | 2,389 | 1,779 |
Hewlett-Packard | Palo Alto | Oct | 5,013 | 5,113 | (12,650) | 7,074 | 8,761 | 7,660 | 8,329 |
Salesforce.com | San Francisco | Jan 15 | (263) | (232) | (270) | (12) | 70 | 85 | 48 |
Netflix | Los Gatos | Dec | 267 | 112 | 17 | 226 | 161 | 116 | 83 |
Adobe Systems | San Jose | Nov | 268 | 290 | 833 | 833 | 774 | 387 | 872 |
Yahoo! | Sunnyvale | Dec | 7,532 | 1,377 | 3,951 | 1,063 | 1,245 | 605 | 425 |
VMware | Palo Alto | Dec | 886 | 1,014 | 746 | 724 | 357 | 197 | 290 |
Avago Technologies | San Jose | Oct | 309 | 552 | 563 | 552 | 415 | (44) | 57 |
Intuit | Mountain View | Jul | 861 | 823 | 764 | 634 | 539 | 447 | 447 |
Mountain View | Dec | 15 | 27 | 22 | 12 | 3 | (4) | (5) | |
Applied Materials | Santa Clara | Oct | 1,072 | 256 | 109 | 1,926 | 938 | (305) | 961 |
San Francisco | Dec | (578) | (645) | (79) | (128) | (67) | |||
Electronic Arts | Redwood City | Mar 15 | 875 | 8 | 98 | 76 | (276) | (677) | (1,088) |
Seagate Technology | Cupertino | Jun | 1,570 | 1,838 | 2,862 | 511 | 1,609 | (3,125) | 1,251 |
Symantec | Mountain View | Mar 15 | 878 | 898 | 755 | 1,172 | 593 | 714 | (6,786) |
Altera | San Jose | Dec | 473 | 440 | 557 | 771 | 783 | 251 | 360 |
Check Point Software | San Carlos | Dec | 660 | 653 | 620 | 544 | 453 | 358 | 324 |
Workday | Pleasanton | Jan 15 | (248) | (173) | (119) | (80) | (56) | (50) | (51) |
Equinix | Redwood City | Dec | (261) | 96 | 130 | 92 | 36 | 69 | 108 |
Palo Alto Networks | Santa Clara | Jul | (226) | (29) | 1 | (13) | (21) | (19) | (16) |
SanDisk | Milpitas | Dec | 1,007 | 1,043 | 417 | 987 | 1,300 | 415 | (1,987) |
Agilent Technologies | Santa Clara | Oct | 504 | 724 | 1,153 | 1,012 | 684 | (31) | 693 |
Lam Research | Fremont | Jun | 632 | 114 | 169 | 724 | 347 | (302) | 439 |
Autodesk | San Rafael | Jan 15 | 82 | 229 | 247 | 285 | 212 | 58 | 184 |
Xilinx | San Jose | Mar 15 | 648 | 630 | 488 | 530 | 642 | 357 | 362 |
NVIDIA | Santa Clara | Jan 15 | 631 | 440 | 563 | 581 | 253 | (68) | (30) |
Linear Technology | Milpitas | Jun | 460 | 407 | 398 | 581 | 361 | 289 | 367 |
Juniper Networks | Sunnyvale | Dec | (334) | 440 | 187 | 425 | 619 | 115 | 512 |
NetApp | Sunnyvale | Apr 15 | 560 | 638 | 505 | 605 | 673 | 400 | 65 |
Maxim Integrated Products | San Jose | Jun | 355 | 452 | 355 | 489 | 125 | 10 | 318 |
KLA-Tencor | Milpitas | Jun | 583 | 543 | 756 | 794 | 212 | (523) | 359 |
Splunk | San Francisco | Jan 15 | (217) | (79) | (37) | (11) | (4) | (7) | (15) |
FireEye | Milpitas | Dec | (444) | (121) | (36) | (17) | (9) | (9) | |
Synopsys | Mountain View | Oct | 259 | 248 | 182 | 221 | 237 | 168 | 190 |
GoPro | San Mateo | Dec | 128 | 61 | 32 | 25 | 12 | ||
Marvell Technology Group | Santa Clara | Jan 15 | 435 | 315 | 307 | 615 | 904 | 353 | 147 |
NetSuite | San Mateo | Dec | (100) | (70) | (35) | (32) | (27) | (24) | (17) |
Fortinet | Sunnyvale | Dec | 25 | 44 | 67 | 62 | 41 | 60 | 7 |
Flextronics | San Jose | Mar 15 | 601 | 366 | 303 | 521 | 612 | 32 | (5,929) |
Trimble Navigation | Sunnyvale | Dec | 214 | 218 | 190 | 149 | 104 | 64 | 141 |
Cadence Design Systems | San Jose | Dec | 159 | 164 | 440 | 72 | 127 | (150) | (1,857) |
Arista Networks | Santa Clara | Dec | 87 | 43 | 21 | 34 | 2 | ||
Solar City | San Mateo | Dec | (375) | (152) | (114) | (74) | (47) | (23) | (26) |
Brocade Communication Syst | San Jose | Oct | 238 | 209 | 195 | 51 | 117 | (83) | 166 |
Informatica | Redwood City | Dec | 114 | 86 | 93 | 117 | 86 | 64 | 56 |
Cypress Semiconductor | San Jose | Dec | 17 | (51) | (25) | 167 | 75 | (151) | (319) |
SunPower Corp | San Jose | Dec | 183 | 34 | (352) | (614) | 167 | 33 | (124) |
VeriFone Systems | San Jose | Oct | (36) | (295) | 66 | 283 | 99 | (157) | (411) |
Cavium | San Jose | Dec | (26) | (14) | (114) | 0 | 37 | (21) | 2 |
Atmel Corp | San Jose | Dec | 32 | (22) | 30 | 315 | 423 | (109) | (27) |
Cepheid | Sunnyvale | Dec | (50) | (17) | (20) | 3 | (6) | (23) | (22) |
Dolby Laboratories | San Francisco | Sep | 209 | 190 | 265 | 311 | 283 | 244 | 201 |
Synaptics | San Jose | Jun | 47 | 99 | 54 | 64 | 52 | 48 | 26 |
Guideware Software | Foster City | Jul | 15 | 25 | 19 | 36 | 16 | (11) | (17) |
Integrated Device Technology | San Jose | Mar 15 | 115 | 111 | 3 | 37 | 94 | 65 | (1,027) |
Ambarella | Santa Clara | Jan 15 | 51 | 26 | 18 | 10 | 14 | 13 | (3) |
Veeva Systems | Pleasanton | Jan 15 | 40 | 24 | 19 | 4 | 4 | 1 | |
Yelp! | San Francisco | Dec | 36 | (10) | (19) | (17) | (10) | (2) | (6) |
Riverbed Technology | San Francisco | Dec | 71 | (12) | 55 | 64 | 34 | 7 | 11 |
SYNNEX | Fremont | Nov | 180 | 152 | 153 | 151 | 117 | 86 | 77 |
JDS Uniphase | Milpitas | Jun | (18) | 57 | (26) | 72 | (60) | (906) | (42) |
Ubiquiti Networks | San Jose | Jun | 177 | 80 | 103 | 50 | (5) | 10 | 5 |
Zynga | San Francisco | Dec | (226) | (37) | (209) | (404) | 91 | (53) | (22) |
Aruba Networks | Sunnyvale | Jul | (29) | (32) | (9) | 71 | (34) | (23) | (17) |
Infinera Corp | Sunnyvale | Dec | 14 | (32) | (85) | (82) | (28) | (87) | 79 |
Fair Isaac | San Jose | Sep | 95 | 90 | 92 | 72 | 64 | 65 | 81 |
Proofpoint | Sunnyvale | Dec | (64) | (28) | (20) | (20) | (21) | (20) | (26) |
Finisar | Sunnyvale | Apr | 112 | (8) | 43 | 88 | (23) | (262) | (33) |
Advent Software | San Francisco | Dec | 50 | 29 | 30 | 28 | 24 | 21 | 17 |
Mellanox Technologies | Sunnyvale | Dec | (24) | (23) | 112 | 10 | 14 | 13 | 22 |
Financial Engines | Sunnyvale | Dec | 37 | 30 | 19 | 15 | 64 | 6 | (4) |
Nimble Storage | San Jose | Jan 15 | (99) | (43) | (28) | (17) | (7) | ||
Fairchild Semiconductor | San Jose | Dec | (35) | 5 | 25 | 146 | 153 | (60) | (167) |
Barracuda Networks | Campbell | Feb 15 | (67) | (4) | (8) | (0) | 2 | 5 | 3 |
Monolithic Power Systems | San Jose | Dec | 35 | 23 | 16 | 13 | 30 | 20 | 24 |
Box Inc | Los Altos | Jan 15 | (168) | (169) | (113) | (50) | |||
Tessera Technologies | San Jose | Dec | 175 | (41) | 35 | 36 | 92 | 80 | 5 |
Electronics for Imaging | Fremont | Dec | 34 | 109 | 83 | 27 | 7 | (2) | (113) |
TriNet Group | San Leandro | Dec | 15 | 13 | 32 | 15 | (9) | 18 | 9 |
Zendesk | San Francisco | Dec | (67) | (23) | (24) | (7) | |||
Ellie Mae | Pleasanton | Dec | 15 | 13 | 19 | 4 | 1 | 2 | (1) |
Imperva | Redwood Shores | Dec | (59) | (26) | (8) | (11) | (12) | (12) | (8) |
Polycom | San Jose | Dec | 42 | (19) | (36) | 126 | 68 | 50 | 76 |
PMC-Sierra | Sunnyvale | Dec | 0 | (32) | (336) | 80 | 89 | 47 | 128 |
Advanced Micro Devices | Sunnyvale | Dec | (403) | (83) | (1,183) | 495 | 471 | 296 | (2,412) |
Sanmina | San Jose | Sep | 197 | 79 | 180 | 69 | 122 | (138) | (513) |
Trulia | San Francisco | Dec | 76 | (18) | (11) | (6) | (4) | (7) | (8) |
Intersil | Milpitas | Dec | 55 | 3 | (38) | 67 | 26 | 39 | (1,063) |
Rambus | Sunnyvale | Dec | 26 | (34) | (134) | (43) | 151 | (92) | (199) |
Super Micro Computer | San Jose | Jun | 54 | 21 | 30 | 40 | 27 | 16 | 25 |
WageWorks | San Mateo | Dec | 18 | 22 | 10 | 33 | (17) | (1) | (4) |
Infoblox | Santa Clara | Jul | (24) | (4) | (8) | (5) | 7 | (10) | (11) |
Coherent | Santa Clara | Sep | 59 | 66 | 63 | 93 | 37 | (35) | 23 |
Rovi Corp | Santa Clara | Dec | (14) | 21 | (20) | 39 | 227 | (18) | 15 |
OmniVision Technologies | Santa Clara | Apr 15 | 93 | 95 | 43 | 66 | 124 | 7 | (37) |
New Relic | San Francisco | Mar 15 | (50) | (40) | (23) | (8) | |||
Power Integrations | San Jose | Dec | 60 | 57 | (34) | 34 | 49 | 23 | 2 |
Qualys | Redwood City | Dec | 30 | 2 | 2 | 2 | 1 | 1 | (1) |
Omnicell | Mountain View | Dec | 31 | 24 | 16 | 10 | 5 | 0 | 13 |
InvenSense | San Jose | Mar 15 | (1) | 6 | 52 | 37 | 9 | 15 | 0 |
RingCentral | San Mateo | Dec | (48) | (46) | (35) | (14) | (7) | (6) | |
Marketo | San Mateo | Dec | (55) | (47) | (34) | (23) | (12) | (6) | |
Hortonworks | Palo Alto | Dec | (177) | (37) | (12) | ||||
Netgear | San Jose | Dec | 9 | 55 | 87 | 91 | 51 | 9 | 18 |
COUPONS.com | Mountain View | Dec | (23) | (11) | (59) | (23) | (12) | (9) | |
Total all 112 | 118,471 | 109,961 | 90,859 | 98,266 | 80,309 | 42,670 | 24,432 | ||
Two Years Total Earnings: | |||||||||
….. 2014 and 2013 | 228,432 | ||||||||
….. 2009 and 2008 | 67,103 | ||||||||
…….. Two Year Earnings Increase | 161,329 |