Largest USA Technology Companies: Aggregate net income down, HP & Apple post drops
Largest USA Tech Companies Aggregate Net Income Decreases The 9 Largest USA Tech Companies have reported quarterly aggregate net income of $27.66B, which is lower than the prior quarter $28.34B. This is a QoQ decrease of -$682M and -2.41%. The net drop was attributable to HP (-$1.69B), Apple (-$685M), and Microsoft (-$136M). These aggregate losses were partially offset by the increase in quarterly net income by Cisco (+$545M), Intel (+$514M), Oracle (+$352M), Google (+$224M), IBM (+$177M), and Qualcomm (+$14M). The average return on assets dipped QoQ to a 4-quarter low of 15.52%, from 15.91%.
Largest USA Technology Companies: Financial Performance
Largest USA Tech Companies by Quarterly Net Income The current profitability of the Largest USA Tech Companies is measured by quarterly net income. By this measure, for the latest quarter reported, Apple leads with a $6.62B quarterly net income. Second is Microsoft at $5.74B. These top two are followed distantly by #3 IBM at $3.84B and #4 Intel at $3.47B. Next are #5 Google at $2.73B and #6 Oracle at $2.19B, Cisco is #7 at $1.78B and Qualcomm is #8 at $1.05B. HP is last, #9, with a meager quarterly net income of $239M. The current aggregate quarterly net income for the 9 Largest USA Tech Companies is $27.66B.
Largest USA Tech Companies by Return on Assets Annual return on assets is the ultimate measurement of a technology company’s financial performance. Return on assets reveals how effectively assets are being deployed to maximize profits and a 4-quarter moving average is shown on the chart for each company. By this measurement, through the latest quarter reported, two companies have annual return on assets greater than 20.00% and are Best of Breed: Apple leads at 27.00%, followed by Microsoft at 23.49%. #3 Intel is next at 19.58%, followed by #4 Google 16.51%. ROA drops off to #5 IBM 14.02%, #6 Oracle 13.17%, and #7 Qualcomm 12.72%. Significantly lagging the field are #8 Cisco 7.52%, and #9 HP 5.67%. The current average return on assets of the 9 Largest USA Tech Companies is 15.52%. [Note: Return on assets differ from company reports or other sources. A more detailed method is utilized for this chart.]
Updated for Oracle quarterly financial results reported 12-20-11
Next update after all January financial results
Apple, Google, IBM, Intel, Microsoft report next in January 2012
Others report: Qualcomm (Jan or Feb), Cisco (Feb), HP (Feb), Oracle (Mar)