Sorry, no posts matched your criteria.
Google (GOOG) has an astounding $26 billion in cash. Brent Callinicos is the guy responsible for investing it. Brent runs a 30-person trading operation at Google and is developing a more agressive trading strategy by the day, reports Douglas MacMillan at Bloomberg BusinessWeek. Lately, Brent has begun moving away from a cautious cash management strategy [...]no comments.
In anticipation of Google releasing earnings this Thursday, we decided to look at how the company has fared against Wall Street for the last four years. As you can see below, pretty well! Google has only missed EPS estimates three times in the last four years, with the last miss coming a year and a [...]no comments.
In the tech world, the rich companies are getting richer, while the rest of the pack is basically staying still. Data from Capital IQ reveals the 10 tech companies with the most cash and equivalents listed on the S&P 500 have $210 billion, while the next 62 tech companies from the S&P have just $108 [...]no comments.
Apple’s stock continued its big upward march today, closing at an all-time high price of $219, pushing Apple’s market capitalization to $202 billion. Today is the first time it has cracked the $200 billion mark. When we last looked at Apple’s market cap in November, it was at $182 billion. At that time, rival Microsoft’s [...]no comments.
Apple isn’t the only tech company stuffed to the gills with cash, with $39.8 billion in cash and short and long term securities. Google has $24.6 billion in cash and investments. Microsoft has billions more than Google, with $40.4 billion. Intel has $18.9 billion on hand, which, by these standards, is paltry. As Microsoft, Apple, [...]no comments.
Google’s growth was grinding to a halt for the first three quarters of 2009. But when the company reports Q4 earnings tomorrow, analysts are looking for revenue growth to return to double digits. Follow the Chart Of The Day on Twitter: www.twitter.com/chartoftheday Get This Delivered To Your Inbox You can get this dropped in your [...]no comments.