Tuesday, March 3, 2020

37 Largest (Market Caps Above $20 Bil) San Francisco, California Bay Area Technology Cos Total Operating Income Down 3% in Annual 2019

TOTAL OPERATING INCOME BY TECH SECTOR

***** 23 Software and Services Cos Up 6% in Annual 2019 

***** Apple Down 3% in Annual 2019  

***** 6 Semiconductor Cos Down 16% in Annual 2019 

***** 7 Other Tech Manufacturing Cos Down 15% in Annual 2019



There were 37 San Francisco, California Bay Area Technology Companies with stock market caps above $20 bil about a month ago.

From a review of SEC filings, below are the Gold-Standard US GAAP Pretax Operating Income (Loss) From Continuing Operations for these 37 San Francisco, California Bay Area Technology Companies in each of the four quarters of both 2019 and 2018.
US US US US US US US US
` GAAP GAAP GAAP GAAP GAAP GAAP GAAP GAAP
Pretax Pretax Pretax Pretax Pretax Pretax Pretax Pretax
Operating Operating Operating Operating Operating Operating Operating Operating
Income Income Income Income Income Income Income Income
(Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)
San Francisco Bay Area  Dec Dec Sept Sept June June March March
Largest Technology Companies California Quarter Quarter Quarter Quarter Quarter Quarter Quarter Quarter
Market Caps Above $20 Bil City HQs 2019 2018 2019 2018 2019 2018 2019 2018
mils $ mils $ mils $ mils $ mils $ mils $ mils $ mils $
Software and Services Cos
Alphabet Mountain View         9,266         8,221         9,177         8,625         9,180         3,045         6,608         7,633
Facebook Menlo Park         8,858         7,820         7,185         5,781         4,626         5,863         3,317         5,449
Visa San Francisco         4,016         3,717         3,735         3,405         3,908         2,885         3,641         3,336
Oracle  Redwood City         3,183         3,101         2,877         2,778         4,257         4,161         3,399         3,315
Netflix  Los Gatos            459            216            980            481            706            462            459            447
Adobe San Jose            970            721            854            719            750            698            695            703
PayPal Holdings San Jose            799            598            697            490            705            572            518            534
Salesforce.com San Francisco              65              92              58            115            210            191            137            211
VMware Palo Alto            431            495            523            509            415            382            664            605
Intuit Mountain View              10             (10)           (153)           (200)         1,784         1,601            233            194
ServiceNow Santa Clara              29                0              56              10             (27)             (32)             (16)             (20)
Workday Pleasanton           (110)           (183)           (122)             (89)           (123)             (71)           (120)             (81)
Autodesk San Rafael            111              15              74             (25)              25             (55)              40           (182)
eBay San Jose            619            681            532            556            561            406            609            579
Atlassian Corp plc San Francisco              42               (3)               (5)               (0)             (32)               (2)             (28)             (10)
Twitter San Francisco            153            207              44              92              76              80              94              75
Electronic Arts Redwood City            361            242            268            258            415            300            196            753
Veeva Systems Pleasanton              81              63              74              53              71              44              63              39
Splunk San Francisco             (47)             (50)             (87)           (104)           (145)           (121)              24              34
Synopsys Mountain View            130              62            128              64            116            127            147            108
Cadence Design Systems  San Jose            109            114            121            104            134              93            128              86
Square San Francisco              17               (3)              32             (10)               (1)               (3)             (22)             (21)
Uber Technologies San Francisco           (971)        (1,053)        (1,106)           (763)        (5,485)           (739)        (1,034)           (478)
Total all 23 Software and Services Cos       28,581       25,063       25,942       22,849       22,126       19,887       19,752       23,309
... % Change vs Prior Year Quarter 14% 14% 11% -15%
Apple Cupertino       25,569       23,346       15,625       16,118       11,544       12,612       13,415       15,894
... % Change vs Prior Year Quarter 10% -3% -8% -16%
Semiconductor Cos
Intel Santa Clara         6,797         6,224         6,447         7,349         4,617         5,273         4,174         4,470
Broadcom San Jose         1,054         1,652            865         1,339            970         1,201            555            943
NVIDIA Santa Clara            927         1,058            571         1,157            358         1,295            294         1,073
Applied Materials Santa Clara            864            891            802         1,093            776         1,292            908         1,215
Advanced Micro Devices Santa Clara            348              28            186            150              59            153              38            120
Xilinx San Jose            159            258            204            233            251            216            250            163
Total 6 Semiconductor Cos       10,149       10,111         9,075       11,321         7,031         9,430         6,219         7,984
... % Change vs Prior Year Quarter 0% -20% -25% -22%
Other Tech Manufacturing Cos
Cisco Systems San Jose         3,579         3,805         3,690         3,346         3,513         3,134         3,211         3,073
Lam Research Fremont            687            690            537            592            617            955            566            828
HP Inc Palo Alto            944            994         1,079         1,018            928            906            926            913
Palo Alto Networks Santa Clara             (52)             (32)             (10)              17             (19)             (45)                7             (23)
KLA-Tencor Milpitas            463            433            410            444            269            424            243            386
Fortinet Sunnyvale            118              85            100              63              75              51              51              32
Western Digital San Jose              50            176           (129)            686           (381)            843           (394)            914
Total 7 Other Tech Manufacuring Cos         5,789         6,151         5,677         6,166         5,002         6,268         4,610         6,123
... % Change vs Prior Year Quarter -6% -8% -20% -25%
Total all 37 Technology Cos       70,088       64,671       56,319       56,454       45,703       48,197       43,996       53,310
... % Change vs Prior Year Quarter 8% 0% -5% -17%
Total Pretax Operating Income
….. All Tech Companies
………. Annual 2019     216,106
……….  Annual 2018     222,632
…………... % Change -3%
Total Pretax Operating Income
….. Software and Services Cos
………. Annual 2019       96,401
………. Annual 2018       91,108
…………... % Change 6%
….. Apple
………. Annual 2019       66,153
………. Annual 2018       67,970
…………... % Change -3%
….. Semiconductor Cos
………. Annual 2019       32,474
………. Annual 2018       38,846
…………... % Change -16%
….. Other Tech Manufacturing Cos    
………. Annual 2019       21,078
………. Annual 2018       24,708
…………... % Change -15%



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