|Bid||86.19 x 100|
|Ask||86.30 x 500|
|Day's Range||91.80 - 93.50|
|52 Week Range||63.62 - 96.07|
|PE Ratio (TTM)||74.80|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||1.68 (1.83%)|
|1y Target Est||104.24|
Bill Gates said Sunday that ultra-wealthy people like him should be paying “significantly” higher taxes.
Amazon has knocked Microsoft off the podium, to take over as the third-largest U.S. company by market capitalization for the first time.
Here are five things in technology that happened this past week and how they affect your business. Did you miss them?
There are going to be winners and losers as markets rebound in February -- here's a technical look at three of the biggest names on the market.
Tax season is almost upon us and while your actual refund check may not look great, if it exists at all, you’ll have better luck if you log into GTA Online.
Alphabet’s (GOOGL) cash holdings grew to ~$102.0 billion at the end of 2017, compared with $86.4 billion at the end of 2016. Alphabet, the parent of Google, is among the US multinationals that have accumulated significant cash holdings overseas. Apple, Cisco Systems, Microsoft (MSFT), and Facebook (FB) are among these companies.
At the end of 2017, Apple’s (AAPL) bank balance was $285.1 billion, while Microsoft’s (MSFT) was $142.8 billion, Alphabet’s (GOOGL) was $101.9 billion, Facebook’s (FB) was $41.8 billion, and Amazon’s (AMZN) was $31 billion. The company disclosed that $269 billion, or 94% of its total cash holdings, is sitting in offshore accounts. Apple is capitalizing on the recent US tax cut to repatriate its offshore cash—at least most of it, as it has quoted a repatriation tax bill of $38 billion.
When Alibaba (BABA) recently released its fiscal 3Q18 earnings results, in which its revenues grew 56% and its net profit increased 36% YoY (year-over-year), it steered clear of mentioning its relationship with BigBasket, a rising star in India’s online grocery industry. Alibaba injected $146 million into BigBasket, making it the biggest shareholder in the online grocery company.
This week, it was brought to the attention of the Destiny community that Bungie is looking for a Head of Narrative Development. Here's what I hope they do with Destiny 2's story.
Intel’s (INTC) 4Q17 results smashed expectations due to a strong performance in its datacenter division where revenue rose 20% year-over-year to $5.6 billion. While reporting 4Q17 results, Intel acknowledged that the recent discovery of Meltdown and Spectre security vulnerabilities in computer chips posed several risks to its businesses.
Although Apple’s (AAPL) talk of doubling services revenue by 2020 seems to have somewhat overshadowed what it is doing on the hardware front, the company’s fiscal 1Q18 (December quarter) report turned out to be an important lesson for anyone interested in understanding its commitment to hardware. Apple said that the December 2017 quarter was the best ever for its smartwatch business, with Apple Watch revenue and unit shipments growing over 50% YoY (year-over-year). Apple’s smartwatch growth is noteworthy.
To gain strong market traction as well as to downplay competitive threats, Citrix (CTXS) has enhanced its virtual workspace and cloud product and its service portfolio. The company identified its three key goals—accelerating the ongoing transition of clients from on-premise to the cloud platform, streamlining the data and apps delivery process, and increasing its incremental revenues through security and analytics. In the graph above, we can see the overall revenue growth of Citrix in the last five years. The company’s implementation of these strategies has already started reflecting on its revenues.
Citrix (CTXS) has witnessed ongoing pressure on its margins, driven by increasing expenditures on research and development (or R&D). The higher cost of its product, services, and maintenance businesses has also been responsible for its margin contractions. In 4Q17, Citrix’s gross margin stood at 84.3% compared with 86.4% in 4Q16. Its operating margin in 4Q17 was 24.4%, down 310 basis points. In the chart above, we can see Citrix’s operating margins on a GAAP basis in the last five quarters. In fiscal 2017, its gross margin was 84.4% versus 85.2% in fiscal 2016.
On May 25th, many of the U.S.’s largest companies will be affected by some of the strictest and broadest regulations in a long time. Yahoo Finance’s Seana Smith, Pras Subramanian, Melody Hahm and Ethan Wolff-Mann discuss the General Data Protection Regulation, or GDPR, and how it will impact the U.S.’s largest companies.
In the latest installment of our ongoing Better Know a Blogger series, we talk to ZDNet's Steven J. Vaughan-Nichols. We'll take a deep dive into what makes this prolific tech journalist tick, and take a look at the future of tech through his eyes. Read more: http://zd.net/2BAjtBE