Tuesday, February 18, 2014

The Topsy-Turvy Nature of Tech Stocks

Amazon is essentially the beneficiary of large Wall Street trends in its ability to eschew profits, yet it’s also bucking the trend among its peer technology giants.

Microsoft is generally seen as ailing these days, but still generates billions in profits every quarter despite falling PC sales and substantial losses on initiatives such as Bing and Windows Phone.

Google’s 2012 net income of $10.7 billion exceeds all profits earned by Amazon ever.

Apple earned $13.1 billion in net profit in its most recent quarter alone.