Wed. 04/27 – Earnings Quick Hits
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 27 April 2022
⏱️ 20 minutes
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| 0:00.0 | Welcome to the Tech Meme Ride Home for Wednesday, April 27th, 2022. I'm Brian McCullough. |
| 0:09.2 | Today, quick summation of alphabet and Microsoft earnings. |
| 0:13.4 | DJI is trying to prevent its drones from being used in the Ukraine War. |
| 0:17.6 | Google has released tools to make it easier to spin up your own YouTube. |
| 0:20.8 | Apple wants you to repair your iPhone yourself and a deep dive into why |
| 0:24.2 | autocorrect can't ducking get it right sometimes. Ducking, I said ducking, which |
| 0:30.4 | is the iPhone autocorrect version of that curse word. |
| 0:33.5 | Here's what you miss today in the world of tech. |
| 0:38.5 | Let's do some quick earnings hits to start off today. |
| 0:41.0 | Alphabet reported Q1 revenue rose 23% year over year to 68.01 |
| 0:46.8 | billion dollars. Net income dropped however to 16.44 billion dollars down from |
| 0:52.1 | 17.93 billion year over year. |
| 0:55.0 | Traffic acquisition costs also rose 23% over that same time period. |
| 1:00.0 | Google Cloud reported 5.82 billion in Q1 sales up from 4.05 billion year over year and above |
| 1:07.0 | estimates of 5.75 billion, but also had to report an operating loss of $931 million, |
| 1:13.2 | which was down from $974 million a year over year. |
| 1:17.0 | Alphabet also said that its Board of Directors |
| 1:19.2 | has authorized $70 billion in share repurchasees, a major step up from 2021's $50 billion |
| 1:25.9 | authorization and 2019's 25 billion dollar authorization. So all at all it's a |
| 1:31.7 | mixed bag, not terrible terrible but not as good as recent quarters have been |
| 1:40.0 | And Microsoft reported Q3 revenue of $49.4 billion up 18% year over year. Net income of |
| 1:48.5 | 16.7 billion dollars up 8% year over year. Office revenue year, office revenue, up 12% |
... |
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