In the last issue of our print magazine, we compared the financial results of the four GAFA companies – Google, Apple, Facebook and Amazon – alongside some of the other big names in mobile. With another set of quarterly results now behind us, we decided it was time to revisit these companies and see how theyre stacking up now.
Samsung enjoyed a particularly strong Q2, 2013, and its for that reason that were examining it here alongside the GAFA companies – all of which it actually outperformed in terms of both revenue ($14.1bn) and net income ($6.9bn). The Korean firms net income hit the top spot for the first time, narrowly overtaking Apple (a slightly lower $6.9bn).
However, Apple is still winning in one respect, at least. Given that Samsung took nearly one and a half times as much revenue to make an equivalent profit, the firm is holding onto its enviably wide profit margin.
Comparing the GAFA companies (plus Samsung) side by side, it quickly becomes apparent that these two left pretty much every other company in the dust last quarter. Only Google (with revenues of $14.1bn, and income $3.2bn) is really competing in the same league.
Winners and losers
While its revenues and income may still be relatively low, Facebook is the fastest growing of the companies, with revenue up 24 per cent quarter-on-quarter to $1.8bn, and income up 52 per cent to $333m.
The biggest losers in Q2 were Amazon, which made a net loss of $7m, and BlackBerry, which saw income fall 186 per cent from last quarter, reporting a loss of $84m. Things arent looking great for the Canadian manufacturer, which was hoping the launch BB10 might turn its fortunes around.
You can find the quarterly results of all 10 companies we compared below.
Revenues | Net income | |||||
Q1, 2013 | Q2, 2013 | Q1, 2013 | Q2, 2013 | |||
$13,969 | $14,105 | $3,346 | $3,228 | |||
Apple | $43,603 | $35,323 | Apple | $9,547 | $6,900 | |
$1,458 | $1,813 | $219 | $333 | |||
Amazon | $16,070 | $15,704 | Amazon | $82 | -$7 | |
Samsung | $47,600 | $51,167 | Samsung | $6,500 | $6,919 | |
Microsoft | $20,489 | $19,900 | Microsoft | $6,000 | $4,970 | |
Nokia | $7,607 | $5,695 | Nokia | $323 | $382 | |
BlackBerry | $2,678 | $3,071 | BlackBerry | $98 | -$84 | |
Yahoo | $1,140 | $1,135 | Yahoo | $391 | $335 | |
eBay | $3,748 | $3,877 | eBay | $677 | $640 |