Tech's 4 Horsemen: Google, Apple, Facebook and Amazon

Here come tech's 4 horsemen: Google, Apple, Amazon, Facebook

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Google, led by CEO Larry Page, made the unusual move last week of saying that analysts were being too optimistic about earnings the search giant will post on Tuesday.

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Cromwell Schubarth

Senior Technology Reporter- Silicon Valley Business Journal

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The "four horsemen" of technology — Google, Apple, Facebook and Amazon — report earnings over the next nine days and it looks like a rocky road they are traveling.
The tech giants are dubbed the four horsemen because they are the companies that set the course for their sector. But lately it has been debatable where they are leading.
Microsoft, which made an argument last fall with Windows 8 for why it should be included in the group, reports on Thursday. It isn't expected to win that argument with the quarterly results that it is projected to post this week.
So let's take a look at the field of the current tech's current leading riders and what Wall Street expects:
— Google (NASDAQ:GOOG): The Mountain View search giant last week made the unusual move of calling out financial analysts for being overly optimistic about what it will post on Tuesday. Treasurer Brent Callinicos said in a blog post that analysts weren't factoring in that the company will present financial results from Motorola Home as a separate line item.
Google's numbers are complicated by the fact that it bought Motorola Mobility eight months ago for $12.4 billion and then sold one of the units, Motorola Home, for $2.35 billion. That deal isn't completed yet but the company says the set top box business will be reported separately.
The analyst consensus was for an adjusted earnings of $10.52 per share on revenue of $12.36 billion. That compares with adjusted earnings of $9.50 a share last year on $8.13 billion in revenue.
Too high, as Callinicos suggested? We'll find out after the market closes.
— Apple (NASDAQ:AAPL): CEO Tim Cook is 18 months into the job of running the company that Steve Jobs built. Some expect that on Wednesday he will report the first profit decline by the Cupertino tech giant in 10 years.

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Cromwell Schubarth is the Senior Technology Reporter at the Business Journal. His phone number is 408.299.1823.

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