Amazon, Microsoft, Google parent company Alphabet and Intel released earnings 'Super Thursday', each company has more than expected growth and put aside the investment in the cloud investors worried about the high valuation of technology stocks: earnings release, Four stocks are hit a new high after the plate.
Amazon has seen its top-of-the-line sales growth in five years, growing sales by as much as 29 percent after spending $ 13 billion on eutrophication in August, and despite its strong offensive from Wal-Mart, its online sales continued to grow for four consecutive quarters.
Google's growth appears in all business lines, whether it is advertising revenue, new mobile phone hardware investment, or Google cloud services, there have been UBS analysts mentioned the 'home run' effect.
Microsoft's core products Windows and PC business is still the most profitable part of the revenue has played a leading role, but its cloud computing almost doubled within a year, an increase of 90% of the results even more encouraging Wall Street.
Intel also increased revenue by 15% due to 'data-centric' business, and Intel's third-quarter net profit was $ 4.516 billion, up 34% year-on-year.
'In short, the giants are holding their own core strengths in the case of increased investment in the cloud, and most of the investment has also received a huge income.' Market research firm Canalys analyst David Liu said.
Analysts believe that Microsoft and Intel have been able to break through Wall Street's expectations, largely because of its cloud computing investment to get high returns, but also to find off the traditional PC-side business decline magic.
"In simple terms, the migration to the cloud has seen an order of magnitude change." Microsoft CEO Satya Nadella said in a conference call that 'the application of the cloud and the areas related to artificial intelligence, And the Internet of things will continue to be the main growth point of the market.
Microsoft: combining office and cloud services
According to earnings data, Microsoft's production and business process sector first quarter revenue of $ 8,238,000,000, an increase of 28%, of which Office 365 revenue growth of 42%, Office business and cloud services revenue grew 10 %, Office consumer products and cloud services revenue grew 12%, Office 365 subscribers have reached the total number of 28 million.Microsoft's other commercial applications - Data products and cloud services revenue grew 13% year on year.
Office 365 42% revenue growth for the Microsoft earnings disclosure data in the largest increase in business, and complement each other's cloud computing business, from Office after the same to bring Microsoft's considerable revenue.
Microsoft's first-quarter smart cloud revenue was $ 6,922 million, up 14 percent from $ 6.097 billion in the same period last year, with operating profit of $ 2,137 million, up from $ 1.777 billion in the same period last year, where server products and cloud services Revenue grew 17% year-over-year, mainly due to Azure revenue growth of 90%; corporate service revenue grew 1%.
Although Microsoft did not disclose Azure's revenue data, but according to research firm Canalys estimated, Azure cloud computing or Microsoft brought about $ 2 billion in revenue.
Azure plus Office 365, Microsoft's business cloud business revenue reached 20 billion US dollars level, one year ahead of schedule to achieve the desired goal. Azure business concern 90% growth, sustained high growth, but the growth rate in the past quarter In the past four quarters, Azure's revenue growth rates were 93%, 93%, 97% and 90%, respectively.
After-hours trading, Microsoft shares rose 4%, the stock hit a new high of $ 82 in one fell swoop
"We've always thought that cloud computing can bring long - term profitability to Microsoft," says senior analyst at Fort Pitt Capital Group, a portfolio manager.
Amazon: the acquisition of total food earnings significantly
Amazon reported third-quarter net revenue of $ 43.7 billion, up 34 percent from $ 32.7 billion in the year-ago quarter, with net profit of $ 256 million and net profit of $ 252 million in the year-ago quarter.
Gartner analyst Ed Anderson (Ed Anderson) said that Amazon's acquisition of US supermarket chains only two months to bring it a considerable income, the combination of retail and e-commerce is really amazing.At the same time, Amazon's network services Revenue is still much higher than other peers.
In the last quarter, Amazon's AWS rose nearly $ 4.6 billion, up 42% from a year ago, and AWS may have missed out on cooperation with Costco, but the company has reached a deal with Hulu, Toyota Racing Development and General Electric.
The Amazon AWS business segment achieved $ 4.584 billion in the quarter, up 41.9% year-on-year, similar to the growth rate in the past two quarters, at around 42%. From the point of view of growth, AWS seems to be stable at this level The
In the operating margin, the Amazon AWS operating margin for the quarter was 25.55%, rebounded from the previous quarter, with revenue, there are signs of re-stability.
After-hours trading, Amazon shares rose 7.6%, the stock again exceeded $ 1,000 to $ 1047.
Google: full into the betting cloud service
This year, Google by YouTube and mobile advertising business boost, the stock price rose 25%, but over the past year, Google's search engine advertising business profits from the impact of mobile advertising.
The company's earnings per share were $ 9.57, higher than analysts '$ 8.33, and $ 27.8 billion, higher than analysts' $ 27.2 billion, with sales of $ 22.3 billion , Higher than analysts expected 22 billion US dollars; profits of 6.7 billion US dollars.
It is noteworthy that in this quarter, including Google cloud computing business 'Google other' revenue of 3.405 billion US dollars, an increase of 40%; last quarter, this part of the business revenue is 3.09 billion US dollars, the growth rate of 42 %.
'Google other' revenue should be the majority of Google Play app store revenue, followed by Google Cloud, and finally some of the hardware product sales.
Like Microsoft, Google parent Alphabet will not disclose Google cloud platform revenue, but Canalys estimated its turnover this quarter can reach 870 million US dollars, up 76% after the Google cloud platform with department store retailer Kohl and payment processing PayPal and other just reached a cooperative transaction.
Google executives said in a news conference that the company is also heavily recruiting cloud computing engineers and continuing to invest in this area.Google CEO Sundar Pichai said, 'customers tell us that they are turning to Google Cloud, because the company has strong data Analysis capabilities, and commitment to the openness of the platform, and the biggest challenge Google Cloud faces is how to scale quickly to meet customer needs.
Pichai said Google grew 2,500 employees this quarter, most of which were recruited for the cloud business, including engineers and salespeople.
After the plate trading day, Google parent company Alphabet shares rose 3%, the stock price of 1020 US dollars.
As of press time, Google, Microsoft and Amazon, respectively, the market value of 679.9 billion US dollars, 607.6 billion US dollars and 467.1 billion US dollars, respectively, living in the global market value list of the second, third and fifth, Alibaba to market value of 441.7 billion US dollars followed The