Tech companies are in the news today as Google (GOOG), Apple (AAPL), and Facebook (FB) all posted new earnings or unrolled new products. The new developments at the three companies illustrate the jockeying that is going on as all three try to grapple for their share of the global advertising market.
Owners of Facebook stock made a killing on Wednesday, with shares in the stock up 21% after a solid earnings report. The rise indicates that the market has regained confidence in the California-based social networking website, after the price took a dip wh en investors grew skeptical about the firm's potential advertising revenues last year.
Those skeptics are now eating their words as Facebook's revenue rose 53%. Its share of the mobile advertising market is expected to double this year, after CEO Mark Zuckerberg opened up news feeds to marketers and even developed apps for more retro-phones in a bid to advertise to third-world consumers who may be behind on the global smart-phone trend.
The potential returns on partnering the confessional and data-gathering elements of social media with advertisers has become common knowledge, with hundreds of new start-ups, consulting firms, and marketing professionals all searching for the newest ways to harness Big Data and use it to sell you things.
It is also important to note that all three of the companies are taking drastically different approaches. Apple is reaching out to various content providers in order to create apps that stream content directly. Facebook is using data in your profile to recruit small, local advertisers-restaurants and cultural events that are taking place in the recipients area. Google, finally, is making a riskier play by attempting to fashion itself into a television provider in its own right.
Chromecast, a new Google device which plugs right into the back of most TV sets, allows you to stream online content straight to your television. It's very similar to Apple's Airplay - only for about a third the price. It is worth mentioning that many of the features available on Airplay will not be available on Chromecast, however users wary of the usefulness of a "SmartTV" may appreciate the price dip. The release of the device indicates just how far Google has gone to warm its frosty relations with the big networks.
Will Google continue to dominate on Ad revenue? Or will these smaller companies catch up? Use the charts below to begin your own analysis.
Your browser does not support iframes.
1.Google Inc. (GOOG, Earnings, Analysts, Financials):Google is the world's most popular search engine. Market cap at $300.2B, most recent closing price at $902.90.
2.Facebook, Inc. (FB, Earnings, Analysts, Financials):Operates as a social networking company worldwide. Market cap at $63.25B, most recent closing price at $26.51.
3.Apple Inc. (AAPL, Earnings, Analysts, Financials):Designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players. Market cap at $413.92B, most recent closing price at $440.51.
(List compiled by James Dennin. Analyst readings sourced from Zacks Investment Research. All other data sourced from Finviz.)
Use Kapitall's Tools: Looking for ways to analyze this list?Use this article snapshot as a launch pad: Simply click on the links, and use Kapitall's tab navigation to browse through the data...
Analyze These Ideas: Getting StartedRead descriptions for all companies mentioned Access a performance overview for all stocks in the list Compare analyst ratings for the companies mentioned Compare analyst ratings to annual returns for stocks mentioned Real-Time Opinion: Scan the latest tweets about these companies (feed will open in a new window)
Dig Deeper: Access Company Snapshots, Charts, FilingsGoogle Inc.(GOOG, Chart, Download SEC Filings) Facebook, Inc.(FB, Chart, Download SEC Filings) Apple Inc.(AAPL, Chart, Download SEC Filings)
New to Kapitall?1. New to the site? Click here to register for a free account, and gain access to more tools and data2. Looking for more investing ideas like this? Click here to sign up for your free copy of Kapitall Weekly3. Follow us on SeekingAlpha, TheStreet and Twitter
ABOUT KAPITALL WIREKapitall Wire, which is not a broker/dealer, offers free cutting edge investing ideas, lively commentary and timely analysis of companies enhanced by interactive tools. And the Investing 101 section breaks complex concepts down to their basics, offering education to novices that doubles as a refresher course for more seasoned investors.Kapitall Wire is a division of Kapitall Inc. Securities products and services are offered by Kapitall Generation, LLC, member FINRA/SIPC . Kapitall Generation, LLC is a wholly owned subsidiary of Kapitall, Inc.