Successful CMOs achieve growth by leveraging technology. Join us for GrowthBeat Summit on June 1-2 in Boston
, where we'll discuss how to merge creativity with technology to drive growth. Space is limited. Request your personal invitation here
Earnings reports for the second quarter dominated tech news this week, with companies like Intel, Microsoft, and Google holding investor calls and issuing detailed spreadsheets on what went right — and wrong — over the past three months.
Needless to say, the news affected investors’ confidence. When the Google reports disappointed expectations, stock prices dipped accordingly.
Let’s take a look at stock prices for companies who reported Q2 results this week:
Five companies involved in hardware had their earnings calls this week.
The takeaway: You probably already know this, but mobile devices are where it’s at. And while Windows Phone is slowly picking up steam, it’s not yet a contender, especially in the smartphone-saturated U.S.
Here’s a look at the stock movement this week for these companies, shown as percentage change:
We also had four software companies reporting revenues this week. (We were busy bees over here, y’all.)
- Microsoft’s Q4 earnings disappointed, particularly the $900 million loss the company took for its written-off Surface RT tablets.
- Google missed analysts’ expectations. While revenues were significantly up, profitability was slightly down.
- In eBay’s quarterly call, the shining star was PayPal, which showed no signs of weakness amid the onslaught of startups like Stripe and Square.
- Yahoo’s earnings were still strong but showed a slight year-over-year decline.
Dotcom’s oldsters were still mixed, but we’re seeing Yahoo as a front runner for the Comeback Kid title — and investors apparently feel the same way. Overall, under CEO Marissa Mayer’s leadership, Yahoo has had one of its best years yet and more acquisitions and gorgeous product roll-outs than you can shake a stick at.
VentureBeat’s VB Insight team is studying marketing analytics...
Chime in here, and we’ll share the results.