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Earnings Analysis: 
Google Sales Rise 18%, Microsoft Sales Up 1%
Author: Trupti Mehta
123jump.com
Last Update: 9:15 AM ET January 23 2009



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Google Inc fourth quarter revenues rose 18% to $5.70 billion and net income fell 68% to $382 million or $1.21 a share. Microsoft Corporation second quarter revenues rose 1% to $16.6 billion and net income fell 11% to $4.17 billion or 47 cents a share.

 
9:00AM New York - Advanced Micro Devices, Inc sales fell 33% and net loss was $1.42 billion. Google Inc revenue rose 18% and net income fell 68%. Microsoft Corporation revenue rose 1% and net income fell 11%.

Advanced Micro Devices, Inc, a global semiconductor company said fourth quarter sales fell 33% to $1.16 billion from $1.74 billion a year ago. Net loss in the quarter was $1.42 billion or $2.34 per diluted share compared to net loss of $1.77 billion or $3.06 per share a year ago.

Revenues for the fiscal year 2008 fell 1% to $5.81 billion from $5.86 billion a year ago. Net loss for the year was $3.1 billion or $5.10 per diluted share compared to net loss of $3.4 billion or $6.06 per share a year ago.

Advanced Micro Devices, Inc (AMD) in the last one year traded as high as $8.08 in February 2008 and as low as $1.62 in November 2008. Based on the yesterday’s closing price of $2.02 the company has market cap of $1.23 billion.

Capital One Financial Corporation, a bank and credit-card issuer said fourth quarter revenues fell 19% to $3.17 billion from $3.92 billion a year ago. Net loss in the quarter was $1.4 billion or $3.74 per diluted share compared to net income of $226.6 million or 60 cents per share a year.

Net interest income for the fiscal year 2008 rose 95% to $7.15 billion from $6.53 billion a year ago. Net loss for the year was $46 million or $5.121 cents per diluted share compared to net income of $1.57 billion or $3.97 per share a year ago.

Capital One Financial Corporation (COF) in the last one year traded as high as $63.50 in February 2008 and as low as $20.15 in January 2009. Based on the yesterday’s closing price of $21.94 the company has market cap of $8.59 billion.

Google Inc, the popular Internet search engine site operator said fourth quarter revenues rose 18% to $5.70 billion from $4.83 billion a year ago. Net income in the quarter fell 68% to $382 million or $1.21 per diluted share compared to net income of $1.21 billion or $3.79 per share a year.

Revenues for the fiscal year 2008 rose 31% to $21.8 billion from $16.6 billion a year ago. Net income for the year rose 0.7% to $4.23 billion or $13.31 per diluted share compared to net income of $4.20 billion or $13.29 per share a year ago.

Google Inc (GOOG) in the last one year traded as high as $602.45 in January 2008 and as low as $247.30 in November 2008. Based on the yesterday’s closing price of $306.50 the company has market cap of $96.47 billion.

Microsoft Corporation said second quarter revenues rose 1% to $16.6 billion from $16.4 billion a year ago. Net income in the quarter fell 11% to $4.17 billion or 47 cents per diluted share compared to net income of $4.71 billion or 50 cents per share a year.

Microsoft Corporation (MSFT) in the last one year traded as high as $35.00 in January 2008 and as low as $17.07 in January 2009. Based on the yesterday’s closing price of $17.11 the company has market cap of $152.20 billion.
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Market data: BATS Exchange. Inc.

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