Friday, October 18, 2019
Financial Results of Google Inc., Apple, and Yahoo Essay
Financial Results of Google Inc., Apple, and Yahoo - Essay Example This paper illustrates that Google Inc. revealed that in the third quarter of 2014 it generated revenues amounting to $16.5 billion. The siteââ¬â¢s revenues were $11.2 billion, representing 68% of all the revenues. The companyââ¬â¢s partner sites made $3.4 billion. Other revenues amounted to $1.84 billion in the last quarter of 2014. Google shares are currently valued at $528.34/ share (Google, 2014). Yahoo had a good third quarter of the year despite analystsââ¬â¢ projections. Revenues generated by the company amounted to $1.094 billion ex-TAC while the GAAP revenues were $1.14 billion in the same period. Mobile revenues alone were more than $200 million. Earning for each undiluted share was $0.52 per share. Currently, the market price of Yahoo shares is $49.94. The researcherââ¬â¢s predictions of the stock prices for the three companies may have been farfetched in the short run, however, in the long run, the prices seem plausible as the share prices are slightly below o r above the actual prices. The researcherââ¬â¢s projected value of Apple shares was $110; this was an inflated value compared to $103.30/share that the company closed the quarter with. This is also the case with the other two companies. The researcherââ¬â¢s projections for Yahoo and Google were $51 and $590 respectively. However, the two companies fell short of these projected values and instead posted $39.27 and $577.33 respectively, as of September 2014. If the authorââ¬â¢s predictions were to be projected to two or three quarters, then they would be spot on for at least two companies. Take for example the share prices of Apple and Yahoo in this quarter ending December. Apple shares are retailing at $111.62/share while Yahoo shares are valued at $49.94. It is evident that Apple shares eclipsed my predictions by $1.62 dollars. Yahoo shares, on the other hand, did not meet the bar the author set and fell short by less than $2. However, this is not the case with Google Inc. The companyââ¬â¢s market share value has unexpectedly dipped far below the authorââ¬â¢s expectations.
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