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Title    The Five Companies that Rule the Internet had Another Great Quarter
Date    Sunday November 08 2015, @10:02AM
Author    martyb
Topic   
from the great-quarter==two-bits dept.
https://soylentnews.org/article.pl?sid=15/11/08/0317230

An Anonymous Coward writes:

Mature industries generally come to be dominated by a few big players, and the Internet is no exception. The big players define the environment and the platforms that everyone else has to deal with; resistance is generally futile, until the next era comes along, usually many years later.

On the heels of third quarter earnings announcements, the WSJ has a piece reflecting on how much of commercial Internet activity is dominated by five companies:

This dominance didn't occur overnight.

Not coincidentally, all five companies beat analysts' earnings estimates for Q3. Microsoft, dealing with the continued decline of PC software, managed to make up for it through the impressive growth of its Azure cloud business.

Business Insider has a related piece on Amazon's dominance of the cloud segment; Microsoft is in second place, IBM and Google are struggling to keep up, and everyone else is basically tied for last.

We're adding a little something to this month's sales contest. As you all know first prize is a Cadillac El Dorado. Anyone wanna see second prize? Second prize is a set of steak knives. Third prize is you're fired. Get the picture? You laughing now?

- Alec Baldwin, Glengarry Glen Ross


Original Submission

Links

  1. "Amazon" - http://www.nytimes.com/2015/10/23/technology/amazon-q3-earnings.html
  2. "Apple" - http://money.cnn.com/2015/11/04/investing/apple-stock/
  3. "Google/Alphabet" - http://amigobulls.com/articles/google-earnings-q3-2015-review-google-flies-past-expectations
  4. "Facebook" - http://www.marketwatch.com/story/facebook-doubters-now-hail-stock-as-unstoppable-2015-11-05
  5. "Microsoft" - http://techreport.com/news/29230/cloud-services-and-servers-drive-a-strong-q3-for-microsoft
  6. "didn't occur overnight" - http://techcrunch.com/2011/05/31/schmidt-gang-four-google-apple-amazon-facebook/
  7. "growth of its Azure cloud business" - http://www.bloomberg.com/news/articles/2015-10-23/the-cloud-is-raining-cash-on-amazon-google-and-microsoft
  8. "Amazon's dominance of the cloud segment" - http://www.businessinsider.com/why-amazon-is-so-hard-to-topple-in-the-cloud-and-where-everybody-else-falls-2015-10
  9. " Glengarry Glen Ross " - http://www.imdb.com/title/tt0104348/quotes
  10. "Original Submission" - https://soylentnews.org/submit.pl?op=viewsub&subid=10502

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