Here’s how the FAANG companies stack up this earnings season

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

South Africa News News

The numbers are, again, impressive, underlining the companies' successful growth strategies.

What’s remarkable is that, despite their size, they usually post big increases in revenue and display pricing power. And that was still true in the fourth quarter and all of last year, even in the pandemic environment.

All of these companies have reported their results for the fourth calendar quarter. All have fiscal years that match the calendar year except for Apple, whose fiscal year ends in September. So the following figures are all for the three months through December. All the above sales results are fantastic. Gross margins may have gone either way, but they also show the advantage of certain business models. Facebook’s gross margin is very impressive, even if it has narrowed a bit. Microsoft’s gross margin expanded and that high number reflects the success of its continued movement toward subscription distribution.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

$GOOG is popping.

Fade market next 3 months

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Watch Jim Cramer give a rundown on FAANG companies and when investors should buy their stockThe 'Mad Money' host broke down what he's heard about the FAANG companies recently and what investors need to know before purchasing their stock on Friday's episode of the show. 👇🏼⚠️👇🏼 No thanks We don't buy bitcoin we earn bitcoin from Mining I'm ready to show 10 lucky people on how to earn 0.1BTC [$4,440]and more daily! No referral No withdrawal fees Interested people only Kindly send us a DM📥
Source: CNBC - 🏆 12. / 72 Read more »

‘Forget FAANG' and Focus on Value Stocks in the Current Inflationary Environment, Jim Cramer Says“For the moment, I do think we have to forget most of FAANG and focus on the money centers,” the “Mad Money” host said.
Source: nbcchicago - 🏆 545. / 51 Read more »