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What to Expect From Tech Earnings

Friday, 12 Apr 2013 | 3:33 PM ET
Yahoo billboard in San Francisco, CA
Getty Images
Yahoo billboard in San Francisco, CA

We've got a big week for earnings coming up, including big techs and a few others:

In tech, Yahoo and Intel report Tuesday.

At Yahoo, the Street is looking for $1.1 billion in revenue, 24 cents EPS. The number to watch is display ad revenue. Yahoo's stock for the first time this year has been climbing the cliff it fell off in 2008, on optimism over CEO Marissa Mayer's turnaround prospects. But now the actual numbers behind the company's performance will get even more important, since investors are placing some value on the company again, not just its Asian investments.

At Intel, we'll see the toll of the vanishing PC. The Street is looking for $12.6 billion in revenue, 41 cents EPS. With PC sales in a historic slump, down nearly 14 percent from last year, according to IDC, Intel's PC client business revenue is bound to be tepid at best.

(Read More: Power Down: Tablets Are Crushing PC Sales)

Tech on Tap: YHOO, GOOG & MSFT
CNBC's Jon Fortt looks ahead to next week's tech earnings, including Yahoo and Intel on Tuesday; Ebay on Wednesday, and Nokia, Google, IBM and Microsoft all on Thursday.

Keep in mind, Intel is also prepping for a new CEO announcement before June—so investors will be especially keen to hear signals on where growth might come from and where gross margins are trending. Tablet and phone efforts so far have fallen flat.

EBay reports Wednesday, and PayPal should get most of the attention: Analysts want $3.76 billion in revenue, 62 cents EPS.

Thursday we have a stacked day of Nokia, Google, IBM and Microsoft. For Nokia, investors will want evidence that Lumia smartphone sales are holding their own beyond the holiday season, though Nokia already warned not to expect a profit.

Especially with Microsoft and IBM, enterprise spending trends will be among the big takeaways, where we'll see if the headwinds that Infosys and Oracle have faced are widespread. And the Google numbers will show Motorola integration progress (or lack thereof), handset sales, and the staying power of Nexus tablet sales. Any of those could weigh on margins and EPS, though strength in Google's core business has managed to counterbalance those effects so far.


—By CNBC's Jon Fortt; Follow him on Twitter: @jonfortt

email: tech@cnbc.com

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  • Matt Hunter is the senior technology editor at CNBC.com.

  • Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.

  • Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.

  • Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.

  • Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.

  • Mark is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.