Fast Money Blog- 1/28/22
This week we saw extraordinary earning reports from several Wealthy Investor stocks, including Microsoft Corporation (MSFT), Mastercard Corporation (MA), Visa, Inc. (V) and Apple, Inc. (AAPL).
On Tuesday, January 25th, Microsoft Corporation (MSFT) released an outstanding Q2 2022 earnings report. Revenue came in at $51.7 billion, pushed by their cloud, gaming and Windows software segments. This figure is a rise of 20% year over year.
Revenue broke down like this:
Microsoft’s Intelligent cloud segment, the company’s largest segment, brought in revenue of $18.3 billion, up 26% year-over-year. This segment includes their Azure public cloud service, which grew 46% year over year.
The Productivity and Business Processes unit, which includes Dynamics, LinkedIn and Office, contributed $15.9 billion in revenue, up 19% year-over-year.
The More Personal Computing segment (primarily revenue from Windows, search and news advertising, gaming, and Surface) revenue grew 15% to $17.5 billion.
On Thursday, January 27th, Mastercard Corporation (MA), Visa, Inc. (V) and Apple, Inc. (AAPL) released earnings.
Mastercard Corporation (MA) posted Q4 earnings for the quarter that ended December 2021. The company posted revenue of $5.22 billion, up 27% year-over-year.
The company also saw gross dollar volume up 23% and purchase volume up 27%, year-over-year, respectively. More importantly, cross-border volume growth was up 53%. Cross-border spending occurs between parties originating in different countries from one another.
On a yearly basis, revenue for 2021 came in at $18.9 billion, up 23% from 2020.
Visa’s Q1 2022 earnings report posted top-line revenue of $7.1 billion, an increase of 24% year-over-year, driven by growth in payments volume, cross-border volume and processed transactions
Payment volume for Q1 2022 increased 20% over the prior year. Cross-border volume (excluding Europe) increased 51% year over year.
Additionally, total processed transactions for the quarter were $47.6 billion, a 21% increase year-over-year.
Finally, service revenues (revenues earned for providing financial institution clients with support services) came in at $3.2 billion, an increase of 19% over the prior year.
Apple reported Q1 2022 earnings (ending in Dec. 25th, 2021) with top-line revenue of $123.9 billion, up 11 percent year over year.
Here is the full breakdown for the fiscal Q1 2022:
iPhone- $71.6 billion (up 9% YOY)
Mac - $10.8 billion (Up 25% YOY)
Wearables, Home, and Accessories, which includes AirPods and Apple Watch - $14.7 billion (Up 13% YOY)
Services, which includes iCloud and Apple Music fees- $19.5 billion (Up 25% YOY)
All of these stocks mentioned above are going higher within the next 52 weeks. Your job is to decide which of these companies shares you'd like to trade and which you'd like to hold for the long term. I will continue to keep you posted on all of our winning stocks as they release their upcoming earnings reports.
Stay open, stay patient and stay disciplined.
Tyrone Jackson
The Wealthy Investor