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Tech Companies-Growth is Slowing

April 13, 2009 // by admin

Recession is hitting everywhere hard. The nineties tech boom is over.  Silicone Alley reports about tech companies, “How badly has the economy whacked their business around the last three months? As you can see, Wall Street expects most companies to grow revenues much slower this year than last — and many to report that sales are down year-over-year. One exception: Netflix, which is blowing the doors off.”

Stats from their blogpost:

  • Intel’s Q1 consensus: $6.98 billion, down 28% year-over-year. Last year, reported $9.67 billion, up 9% year-over-year.
  • Google’s Q1 consensus: $4.08 billion, up 10% year-over-year. Last year, reported $3.70 billion, up 46% year-over-year.
  • Yahoo’s Q1 consensus: $1.20 billion, down 11% year-over-year. Last year, reported $1.35 billion, up 14% year-over-year.
  • Apple’s FQ2 consensus: $7.95 billion, up 6% year-over-year. Last year, reported $7.51 billion, up 43% year-over-year.
  • Amazon’s Q1 consensus: $4.75 billion, up 15% year-over-year. Last year, reported $4.14 billion, up 37% year-over-year.
  • eBay’s Q1 consensus: $1.95 billion, down 11% year-over-year. Last year, reported $2.19 billion, up 24% year-over-year.
  • Microsoft’s FQ3 consensus: $14.14 billion, down 2% year-over-year. Last year, reported $14.45 billion, up 0.4% year-over-year.
  • Netflix Q1 consensus: $390 million, up 20% year-over-year. Last year, reported $326 million, up 7% year-over-year.
  • Read more here.