| Co | Income | |||||||
| Quarter | US GAAP | US GAAP | Tax | |||||
| End | Net | Net | (Expense) | |||||
| When | Income | Income | Benefit | |||||
| Trump | (Loss) | (Loss) | Due To | |||||
| Tax | Dec 17 | Dec 16 | Trump | |||||
| Cuts | or | or | Tax | |||||
| State | Act | Jan 18 | Jan 17 | Better | Cuts | |||
| US Technology Company | City Hqs | HQs | Signed | Quarter | Quarter | (Worse) | Act | |
| mils $ | mils $ | mils $ | mils $ | |||||
| Apple | Cupertino | CA | Dec 17 | 20,065 | 17,891 | 2,174 | (2,600) | |
| Alphabet | Mountain View | CA | Dec 17 | (3,020) | 5,333 | (8,353) | (9,857) | |
| Microsoft | Redmond | CA | Dec 17 | (6,302) | 6,267 | (12,569) | (13,800) | |
| Amazon | Seattle | WA | Dec 17 | 1,856 | 749 | 1,107 | 789 | |
| Menlo Park | CA | Dec 17 | 4,268 | 3,568 | 700 | (2,270) | ||
| Visa | San Francisco | CA | Dec 17 | 2,522 | 2,070 | 452 | (20) | |
| Intel | Santa Clara | CA | Dec 17 | (687) | 3,562 | (4,249) | (5,444) | |
| Oracle | Redwood City | CA | Feb 18 | - | ||||
| Cisco Systems | San Jose | CA | Dec 17 | (8,778) | 2,348 | (11,126) | (11,100) | |
| Mastercard | Purchase | NY | Dec 17 | 227 | 933 | (706) | (873) | |
| Intl Business Machines | Armonk | NY | Dec 17 | (1,053) | 4,505 | (5,558) | (5,475) | |
| NVIDIA | Santa Clara | CA | Jan 18 | 1,118 | 655 | 463 | 133 | |
| Netflix | Los Gatos | CA | Dec 17 | 186 | 67 | 119 | (79) | |
| Texas Instruments | Dallas | TX | Dec 17 | 344 | 1,047 | (703) | (755) | |
| Qualcomm | San Diego | CA | Dec 17 | (5,953) | 681 | (6,634) | (6,000) | |
| Broadcom Ltd | San Jose | CA | Jan 18 | - | ||||
| Adobe Systems | San Jose | CA | Feb 18 | - | ||||
| PayPal Holdings | San Jose | CA | Dec 17 | 620 | 390 | 230 | (180) | |
| Priceline Group | Norwalk | CT | Dec 17 | - | ||||
| Salesforce.com | San Francisco | CA | Jan 18 | - | ||||
| Applied Materials | Santa Clara | CA | Jan 18 | 135 | 703 | (568) | (1,006) | |
| Activision Blizzard | Santa Monica | CA | Dec 17 | (584) | 254 | (838) | (794) | |
| VMware | Palo Alto | CA | Dec 17 | - | ||||
| Micron Technology | Boise | ID | Feb 18 | - | ||||
| Cognizant Tech Solutions | Teaneck | NJ | Dec 17 | (18) | 416 | (434) | (617) | |
| eBay | San Jose | CA | Dec 17 | (2,597) | 5,948 | (8,545) | (3,142) | |
| Intuit | Mountain View | CA | Dec 17 | - | ||||
| Electronic Arts | Redwood City | CA | Dec 17 | (186) | (1) | (185) | (176) | |
| HP Inc | Palo Alto | CA | Jan 18 | - | ||||
| Analog Devices | Norwood | MA | Jan 18 | - | ||||
| DXC Technology | Tydsons | VA | Dec 17 | 779 | 37 | 742 | 473 | |
| Lam Research | Fremont | CA | Dec 17 | (10) | 333 | (343) | (757) | |
| Hewlett Packard Enterprises | Palo Alto | CA | Jan 18 | - | ||||
| ServiceNow | Santa Clara | CA | Dec 17 | (28) | (33) | 5 | ||
| Workday | Pleasanton | CA | Jan 18 | - | ||||
| San Francisco | CA | Dec 17 | 91 | (167) | 258 | |||
| Western Digital | San Jose | CA | Dec 17 | (823) | 235 | (1,058) | (1,600) | |
| AutoDesk | San Rafael | CA | Jan 18 | - | ||||
| Snap Inc | Venice | CA | Dec 17 | (350) | (170) | (180) | ||
| Red Hat | Raleigh | NC | Feb 18 | - | ||||
| Arista Networks | Santa Clara | CA | Dec 17 | 104 | 59 | 45 | (52) | |
| Microchip Technology | Chandler | AZ | Dec 17 | (251) | 107 | (358) | (443) | |
| Skyworks Solutions | Woburn | MA | Dec 17 | 70 | 258 | (188) | (276) | |
| Harris Corp | Melbourne | FL | Dec 17 | 139 | 163 | (24) | (52) | |
| Motorola Solutions | Chicago | IL | Dec 17 | (574) | 244 | (818) | (874) | |
| Check Point Software Tech | San Carlos | CA | Dec 17 | 239 | 222 | 17 | ||
| Xilinx | San Jose | CA | Dec 17 | 12 | 142 | (130) | (183) | |
| Symantec | Mountain View | CA | Dec 17 | 1,311 | (56) | 1,367 | 810 | |
| Maxim Integrated Products | San Jose | CA | Dec 17 | (75) | 130 | (205) | (244) | |
| KLA-Tencor | Milpitas | CA | Dec 17 | (134) | 238 | (372) | (442) | |
| Waters Corp | Milford | MA | Dec 17 | (353) | 174 | (527) | (550) | |
| Square | San Francisco | CA | Dec 17 | - | ||||
| NetApp | Sunnyvale | CA | Jan 18 | (506) | 146 | (652) | (856) | |
| Expedia | Bellevue | WA | Dec 17 | 53 | 85 | (32) | 14 | |
| Palo Alto Networks | Santa Clara | CA | Jan 18 | - | ||||
| CA Inc | New York | NY | Dec 17 | (93) | 208 | (301) | (318) | |
| Seagate Technology | Cupertino | CA | Dec 17 | 159 | 297 | (138) | (208) | |
| Dell Technologies | Round Rock | TX | Jan 18 | - | ||||
| IPG Photonics | Oxford | MA | Dec 17 | 53 | 75 | (22) | (49) | |
| Citrix Systems | Fort Lauderdale | FL | Dec 17 | (284) | 179 | (463) | (429) | |
| ANSYS | Canonsburg | PA | Dec 17 | - | ||||
| Splunk | San Francisco | CA | Jan 18 | - | ||||
| Synopsys | Mountain View | CA | Jan 18 | - | ||||
| Take-Two Interactive Software | New York | NY | Dec 17 | 25 | (30) | 55 | (12) | |
| Atlassian Corp | San Francisco | CA | Dec 17 | (65) | (2) | (63) | (47) | |
| Garmin Ltd | Olathe | KS | Dec 17 | - | ||||
| Match Group | Dallas | TX | Dec 17 | (8) | 75 | (83) | (92) | |
| Advanced Micro Devices | Santa Clara | CA | Dec 17 | 61 | (51) | 112 | 18 | |
| Marvell Technology | Santa Clara | CA | Jan 18 | - | ||||
| Akamai Technologies | Cambridge | MA | Dec 17 | 19 | 92 | (73) | (26) | |
| VeriSign | Reston | VA | Dec 17 | 103 | 106 | (3) | (9) | |
| Cadence Design Systems | San Jose | CA | Dec 17 | (14) | 38 | (52) | (92) | |
| SS&C Technologies | Windsor | CT | Dec 17 | 165 | 57 | 108 | 88 | |
| - | ||||||||
| Total all 51 With Earnings Released | 1,978 | 60,577 | (58,599) | -97% | (69,474) |
Saturday, February 17, 2018
US Technology Companies With Stock Market Caps of More Than $10 Bil and Which Have Already Released Their Earnings For the Dec 2017 or the Jan 2018 Quarter Had Their Earnings Just Devastated By the Trump Tax CUTS Act, With Total Net Income For Either the Dec 2017 or the Jan 2018 Quarter of Only $2.0 Bil, Down By 97% or Down By $58.6 Bil From Their Previous Year's Quarter Total Net Income of $60.6 Bill ....................................................................................... The Anti-US Technology and Anti-California Strategy of the Republicans in the US Congress and of the Trump Administration in Designing the Trump Tax CUTS Act Was Highly Effective, With These Same Companies Getting Their Total Net Income in the Most Recent Quarter Flat Out Hammered By $69.5 Bil Just Due to the Negative After-Tax Earnings Impact of the Trump Tax CUTS Act: Yeah, That Huge Toll Tax on Mandatory Deemed Foreign Earnings Repatriation is Highly Excessive Taxation By the US Government, Especially For a Tax Cuts Act ....................................................................................... Excluding These Additional Income Tax Expenses of $69.5 Bil Due Directly To the Trump Tax CUTS Act, Their Total Net Income For the Most Recent Quarter Would Have Increased By 18% Over the Previous Year's Quarter ($71.5 Bil vs. $60.6 Bil), Rather Than Declining By 97%
Below here are the US GAAP After-Tax Earnings From Continuing Operations for the 51 US Technology Companies with recent stock market caps of more than $10 Bil and which have already released their quarterly earnings covering the same quarter in which President Trump signed the Trump Tax CUTS Act Also included below are the 22 companies which haven't released their quarterly earnings yet for this quarter. Activision Blizzard's Income Tax amount below will change a bit after it files its 10-K.
