| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $11.0B | $11.1B | $11.7B | -0.8% | -6.1% |
| Op. Income | -$1.6B | $1.1B | -$2.8B | -250.6% | 41.8% |
| Gross Margin | 59.2% | 69.3% | 65.4% | -10.1pp | -6.2pp |
| Net Margin | -25.7% | 6.8% | -18.9% | -32.5pp | -6.8pp |
| EPS (Diluted) | $-1.35 | $0.35 | $-1.43 | -483.3% | 5.7% |
| Free Cash Flow | $23.3B | -$26.2B | $71.9B | 189.2% | -67.5% |
| Item | Amount |
|---|---|
| REVENUE | $11.0B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $6.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $128M |
| General & Administrative | $6.1B |
| SG&A Expenses | $6.3B |
| Other Expenses | $1.9B |
| Operating Expenses | $8.2B |
| Cost & Expenses | $12.7B |
| OPERATING INCOME | -$1.6B |
| Interest Income | $7.5B |
| Interest Expense | $4.3B |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$1.6B |
| Income Tax Expense | $1.2B |
| Net Income from Continuing Ops | -$2.8B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1M |
| NET INCOME | -$2.8B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.8B |
| D&A | $0 |
| EBIT | -$1.6B |
| EBITDA | -$1.6B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$2.8B |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1.0B |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | $24.1B |
| OPERATING CASH FLOW | $23.4B |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$2.7B |
| Sales/Maturities of Investments | $4.9B |
| Other Investing Activities | -$450M |
| NET CASH FROM INVESTING | $1.7B |
| Net Debt Issuance | $922M |
| Common Stock Repurchased | -$910M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | $951M |
| FREE CASH FLOW | $23.3B |
| Net Change in Cash | $24.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $275.1B |
| Short-Term Investments | $57.8B |
| Net Receivables | $101.4B |
| Inventory | $100.4B |
| Other Current Assets | $1.0T |
| TOTAL CURRENT ASSETS | $1.4T |
| PP&E (Net) | $3.1B |
| Goodwill | $4.4B |
| Intangible Assets | $5.9B |
| Long-Term Investments | $385.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$113.0B |
| TOTAL NON-CURRENT ASSETS | $286.2B |
| TOTAL ASSETS | $1.7T |
| Account Payables | $128.1B |
| Short-Term Debt | $21.6B |
| Deferred Revenue | $1.2B |
| Other Current Liabilities | -$150.8B |
| TOTAL CURRENT LIABILITIES | $149.6B |
| Long-Term Debt | $139.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $405M |
| Other Non-Current Liabilities | -$139.4B |
| TOTAL NON-CURRENT LIABILITIES | $195.0B |
| TOTAL LIABILITIES | $1.6T |
| Common Stock | $6.2B |
| Additional Paid-In Capital | $46.7B |
| Retained Earnings | $20.4B |
| Treasury Stock | -$11M |
| Accum. Other Comp. Income | $609M |
| Other Equity | $5.5B |
| TOTAL STOCKHOLDERS' EQUITY | $79.4B |
| Minority Interest | $293M |
| TOTAL EQUITY | $79.7B |
| TOTAL LIABILITIES & EQUITY | $1.7T |
| Total Debt | $208.6B |
| Net Debt | -$66.5B |
