Friday, May 11, 2018

The 55 Largest US Technology Corps With March 2018 or April 2018 Quarter Ends and Which Have Reported Their Quarterly Earnings By May 10, 2018 Generated March or April 2018 Quarter Total Pretax Income of $65.280 Bil, Up 31% From Their Prior Year's Quarter and Their Total Net Income Was Up a Much Higher 49% ........................................................................................ Of These 55 Largest US Techs, 37 of Them are Software and Services Corps and Their Quarterly Total Pretax Earnings Were Up a Superb 49% and Their Total Net Income Was Up a Blistering 73% ........................................................................................ And of These 55 Largest US Techs, 18 of Them are Tech Manufacturing Corps and Their Quarterly Total Pretax Earnings Were Up 13% and Their Total Net Income Was Up a Much Higher 27%

From a review of SEC filings, the below chart shows the US GAAP Pretax Income (Loss) From Continuing Operations, the US GAAP Net Income (Loss) From Continuing Operations and the related US GAAP Income Tax Expense for the March 2018 and 2017 Quarters for all US Technology Corps with market caps above $10 Bil on April 30, 2018 and which have released their March 2018 or April 2018 quarter earnings by May 10, 2018.


 US GAAP   US GAAP   US GAAP   US GAAP 
 US GAAP   US GAAP   Effective   Effective  Pretax Net
 US GAAP   Income   US GAAP   US GAAP   Income   US GAAP   Income   Income  Income Income
Pretax Tax Net Pretax Tax Net Tax Tax % Change % Change
US Technology Company Income Expense Income Income Expense Income Rate Rate March or March or
With Market Caps > $10 Bil March or March or March or March or March or March or March or March or April Qtr April Qtr
Releasing Mar or Apr 2018  April Qtr April Qtr April Qtr April Qtr April Qtr April Qtr April Qtr April Qtr 2018 2018
Qtr Earnings Through 5-10-18  2018 2018 2018 2017 2017 2017 2018 2017 vs 2017 vs 2017
mils $ mils $ mils $ mils $ mils $ mils $
Software & Services
Alphabet       10,543         1,142         9,401         6,819         1,393         5,426 10.8% 20.4% 55% 73%
Microsoft         8,641         1,217         7,424         7,094         1,608         5,486 14.1% 22.7% 22% 35%
Facebook         5,610            622         4,988         3,408            344         3,064 11.1% 10.1% 65% 63%
Visa         3,217            612         2,605         2,702         2,272            430 19.0% 84.1% 19% 506%
Amazon.com         1,916            287         1,629            953            229            724 15.0% 24.0% 101% 125%
Mastercard         1,803            311         1,492         1,478            397         1,081 17.2% 26.9% 22% 38%
Electronic Arts            754            147            607            716            150            566 19.5% 20.9% 5% 7%
Booking Holdings            753            146            607            528              72            456 19.4% 13.6% 43% 33%
Cognizant Technology            697            177            520            649              92            557 25.4% 14.2% 7% -7%
Activision Blizzard            567              67            500            453              27            426 11.8% 6.0% 25% 17%
PayPal Holdings            548              37            511            438              54            384 6.8% 12.3% 25% 33%
eBay            547            140            407            558           (477)         1,035 25.6%
NM
-2% -61%
Netflix            300                9            291            224              46            178 3.0% 20.5% 34% 63%
CA Inc            243              36            207            198              41            157 14.8% 20.7% 23% 32%
Check Point Software            228              41            187            221              39            182 18.0% 17.6% 3% 3%
CDW Corp            166              39            127              74              16              58 23.5% 21.6% 124% 119%
Verisk Analytics            162              29            133            161              52            109 17.9% 32.3% 1% 22%
First Data Corp            161              27            134              91              12              79 16.8% 13.2% 77% 70%
Verisign            152              18            134            148              31            117 11.8% 20.9% 3% 15%
Citrix Systems            151                7            144            120              50              70 4.6% 41.7% 26% 106%
Ansys              97              13              84              85              22              63 13.4% 25.9% 14% 33%
Match Group              87             (13)            100              34                9              25 -14.9% 26.5% 156% 300%
Cadence Design Systems              78                5              73              74                6              68 6.4% 8.1% 5% 7%
Akamai Technologies              68              14              54              32                5              27 20.6% 15.6% 113% 100%
Twitter              64                3              61             (58)                3             (61) 4.7%
NM
210% 200%
SS&C Technologies              62              11              51              58              10              48 17.7% 17.2% 7% 6%
IAC/Interactive              59             (29)              88                4             (24)              28 -49.2% -600.0% 1375% 214%
CoStar Group              56                4              52              35              13              22 7.1% 37.1% 60% 136%
Black Knight              55              12              43              40                6              34 21.8% 15.0% 38% 26%
GoDaddy                4               -                  4               (2)                1               (3) 0.0% -50.0% 300% 233%
ServiceNow               (7)             (18)              11             (23)               (1)             (22) 257.1% 4.3% 70% 150%
Atlassian Corp               (8)                6             (14)             (23)               (5)             (18) -75.0% 21.7% -65% 22%
Square Inc             (24)               -               (24)             (15)               -               (15) 0.0% 0.0% -60% -60%
Symantec             (61)             (27)             (34)           (248)             (71)           (177) 44.3% 28.6% 75% 81%
Expedia           (169)             (20)           (149)           (131)             (47)             (84) 11.8% 35.9% -29% -77%
Snap           (384)                2           (386)        (2,212)               (3)        (2,209) -0.5% 0.1% 83% 83%
Dropbox           (464)                2           (466)             (33)               -               (33) -0.4% 0.0% -1306% -1312%
Total all 37 Software&Services       36,672         5,076       31,596       24,650         6,372       18,278 13.8% 25.8% 49% 73%
Manufacturing
Apple       16,168         2,346       13,822       14,684         3,655       11,029 14.5% 24.9% 10% 25%
Intel         5,011            557         4,454         3,815            851         2,964 11.1% 22.3% 31% 50%
Texas Instruments         1,553            187         1,366         1,255            258            997 12.0% 20.6% 24% 37%
NVIDIA         1,311              67         1,244            536              29            507 5.1% 5.4% 145% 145%
International Business Machines         1,136           (540)         1,676         1,424           (329)         1,753 -47.5% -23.1% -20% -4%
Lam Research            772               (7)            779            531              44            487 -0.9% 8.3% 45% 60%
Seagate Technology            393              12            381            212              18            194 3.1% 8.5% 85% 96%
KLA-Tencor            366              59            307            319              66            253 16.1% 20.7% 15% 21%
QUALCOMM            358               (5)            363            857            108            749 -1.4% 12.6% -58% -52%
Amphenol            355              86            269            298              71            227 24.2% 23.8% 19% 19%
Skyworks Solutions            292              16            276            281              56            225 5.5% 19.9% 4% 23%
Maxim Integrated Products            222              29            193            170              30            140 13.1% 17.6% 31% 38%
Microchip Technology            188              41            147              72             (65)            137 21.8% -90.3% 161% 7%
Xilinx            186              20            166            171              18            153 10.8% 10.5% 9% 8%
Arista Networks            143               (2)            145              74               (9)              83 -1.4% -12.2% 93% 75%
IPG Photonics            142              36            106            101              26              75 25.4% 25.7% 41% 41%
Motorola Solutions            140              23            117            120              42              78 16.4% 35.0% 17% 50%
Western Digital           (128)           (189)              61            304              56            248 147.7% 18.4% -142% -75%
Total all 18 Manufacturing       28,608         2,736       25,872       25,224         4,925       20,299 9.6% 19.5% 13% 27%
Total all 55 Tech       65,280         7,812       57,468       49,874       11,297       38,577 12.0% 22.7% 31% 49%