Earnings reports are back on track again, and this time I will as usual follow tech companies. It is a huge day for tech company earnings tomorrow, and we will see reports from Amazon.com (AMZN), Google Inc (GOOG/GOOGL), Digi International Inc (DIII), Ericsson (ERIC), Verisign Inc (VRSN) and the good old Bill Gates company Microsoft Inc (MSFT).
It is a very important day for Amazon.com tomorrow. More important than their previous reports, and analysts expect a loss of 12 cents per share on a revenue of $22,43 billion. Some people I have talked with expect profits of 1 cent per share.
The most exited issue about the report tomorrow will probably be their AWS (Amazon Web Services) revenue number.
We will probably see an all time high if the AWS numbers is good, and this is why Amazon.com is some different from Google and Microsoft. Synergy Research Group said Amazon`s AWS has a market share of 28 percent of the global cloud infrastructure market. Microsoft have 10 percent and Google 5 percent, but be aware that we are in an early stage.
Keep in mind that Amazon also can start to deliver packages at the cost of only $1! Last year, Amazon announced Prime Air which is Amazon`s company to deliver packages to the customers by a drone (UAV). If FAA say yes for this business, I think the traditional transport sector will be hit hard and shares of Amazon will fly high. Amazon shares is up 26,8% YTD, trading at $389,53.
Google and Microsoft will both report earnings on thursday, and the big question is; can Microsoft`s Nr. 2 search-engine Bing challenge the internet search giant Nr 1 Google?
Microsoft has been a Nr 2 for a while with 19,8% market share. Google is a clear winner in the U.S search market with a market share of 64,5%.
Google is still big and dominant, but Bing has become a major player in the search market. To compare; Yahoo is the third biggest in the U.S with a market share of 12,8%. AOL; 1,1%. But this is based on desktop search.
Desktop is one thing, but mobile is another. Google dominates the mobile search market with a 93% market share. Bing`s desktop market share can rise up if their Windows 10 are taking off with Bing as a major default search engine, but taking market share in the mobile market will be more difficult.
It will more difficult because Bing has no presence on Apple iOS, nor Android devices.
More exited tech reports and news is coming out. Not only on thursday, but on monday next week. I guess Apple and CEO Tim Cook will talk about Apple Watch on monday. Tim Cook`s first major product launch under his leadership.
Tim Cook is stepping out from Steve Jobs` enormous shadow and Apple Watch officially goes on sale on Friday. Apple haven`t revealed any pre-order sales data, but third-party estimates look great so far.
Any awful news for other smartwatch companies on monday?
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