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Tech Brew Ride Home

Thursday, Apr. 26, 2018 - Snap's Spectacles 2.0

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 26 April 2018

⏱️ 17 minutes

🧾️ Download transcript

Summary

It’s an earnings bonanza! Amazon, Microsoft, Facebook… and what might Samsung’s earnings mean for Apple’s? Also, new Snapchat Spectacles, a look behind the scenes at Nintendo, a possible Sonos IPO and Digg finds a new home. Stories from: @maureenmfarrell, @CaseyNewton Tweets: @lexnfx Links:Snap’s second-generation Spectacles are more grown up — and more expensive (The Verge)Inside Nintendo's secretive creative process (The Guardian)Sonos Prepares for IPO as Soon as June (WSJ) Credits: Produced by @brianmcc and the @techmeme staff Music by @jpschwinghamer Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Mem Ride Home for Thursday, April 26, 2018.

0:10.3

Today it's an earnings bon, Amazon, Microsoft, Facebook, and what might Samsung's

0:18.6

earnings mean for Apple? Also new Snapchat spectacles, a look behind the scenes at Nintendo, a possible Sonos IPO, and

0:28.8

Dig finds a new home.

0:31.2

Here's what you miss today in the world of tech.

0:33.0

Earnings for Amazon came in just a minute ago and the lists were expecting revenue of

0:43.8

49.78 billion dollars and earnings per share of a dollar and 26 cents.

0:50.4

Well Q1 revenue came in at 51.04 billion, representing 40% growth.

0:57.0

These revenue numbers include sales from Whole Foods now, of course.

1:01.0

Earnings per share came in at $3.27.

1:05.9

That represents profits of $1.6 billion

1:09.0

and marks the 12th straight profitable quarter for Amazon.

1:14.0

What investors were really clued into were the AWS numbers,

1:19.2

revenues for which came in at 5.44 billion versus 5.25 billion estimated. That means AWS

1:27.2

sales grew 49% year over year, generating 1.4 billion in operating income, representing 73% of Amazon's total operating income.

1:39.2

At the time of this recording, 4.30 PM Eastern Time, Amazon's stock was hitting new all-time highs up around 6%.

1:47.0

Microsoft also reported earnings, but this was Microsoft's quarter three revenues, and they were a beat as well.

1:55.3

Revenue came in at 26.8 billion up 16% year over year.

2:00.4

Profits were 7.4 billion, up 35% year over year.

2:04.2

Earnings per share were 95 cents a share.

2:07.2

Analysts were expecting 85 cents a share,

2:10.2

but at the time of this recording

...

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