Earnings season is here for the 3rd Quarter and I just wanted to track the results for the 5 "biggest" tech companies right now. Just doing a little research and reading the financial sites, I get the sense that Facebook (FB) is beaten down but getting a bounce, Google (GOOG) is losing steam, Amazon (AMZN) is the teflon company with astronomical P/E that I can't understand, Microsoft (MSFT) is trying desperately to catch up, and Apple (APPL) has moved from media darling to punching bag. But the numbers don't lie:
GOOG: sales of 11.33 billion, earnings 2.18 billion, P/E=21.22
AMZN: sales of 13.8 billion, earnings of minus 274 million (yes that's a loss), P/E=279.4!!
MSFT: sales of 16 billion, earnings of 4.47 billion, P/E=15
APPL: sales of 36 billion, earnings of 8.2 billion, P/E=14.5
FB: sales of 1.26 billion, earnings of 311 million, P/E=246
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