| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32.3B | $27.8B | $26.1B | 16.4% | 24.0% |
| Op. Income | $7.7B | $7.8B | $6.6B | -1.5% | 15.4% |
| Gross Margin | 55.9% | 59.9% | 59.1% | -4.0pp | -3.2pp |
| Net Margin | -9.3% | 24.2% | 20.5% | -33.6pp | -29.8pp |
| EPS (Diluted) | $-0.22 | $0.48 | $0.38 | -145.8% | -157.9% |
| Free Cash Flow | $6.0B | $6.3B | $6.3B | -5.9% | -5.9% |
| Item | Amount |
|---|---|
| REVENUE | $32.3B |
| Cost of Revenue | $14.3B |
| GROSS PROFIT | $18.1B |
| R&D Expenses | $4.3B |
| Selling & Marketing | $4.3B |
| General & Administrative | $1.8B |
| SG&A Expenses | $6.1B |
| Other Expenses | $0 |
| Operating Expenses | $10.4B |
| Cost & Expenses | $24.7B |
| OPERATING INCOME | $7.7B |
| Interest Income | $400M |
| Interest Expense | $36M |
| Other Income/Expenses | $354M |
| INCOME BEFORE TAX | $8.0B |
| Income Tax Expense | $11.0B |
| Net Income from Continuing Ops | -$3.0B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$3.0B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$3.0B |
| D&A | $2.0B |
| EBIT | $8.1B |
| EBITDA | $10.1B |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$3.0B |
| Depreciation & Amortization | $2.0B |
| Stock-Based Compensation | $1.8B |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $72M |
| Change in Working Capital | $9.3B |
| OPERATING CASH FLOW | $10.3B |
| Capital Expenditure | -$4.3B |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | -$14.4B |
| Sales/Maturities of Investments | $11.7B |
| Other Investing Activities | $18M |
| NET CASH FROM INVESTING | -$7.0B |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | -$2.1B |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1.1B |
| NET CASH FROM FINANCING | -$3.2B |
| FREE CASH FLOW | $6.0B |
| Net Change in Cash | $134M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $10.7B |
| Short-Term Investments | $91.2B |
| Net Receivables | $18.7B |
| Inventory | $749M |
| Other Current Assets | $3.0B |
| TOTAL CURRENT ASSETS | $124.3B |
| PP&E (Net) | $42.4B |
| Goodwill | $16.7B |
| Intangible Assets | $2.7B |
| Long-Term Investments | $7.8B |
| Tax Assets | $680M |
| Other Non-Current Assets | $2.7B |
| TOTAL NON-CURRENT ASSETS | $73.0B |
| TOTAL ASSETS | $197.3B |
| Account Payables | $3.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.4B |
| Other Current Liabilities | $14.2B |
| TOTAL CURRENT LIABILITIES | $24.2B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $340M |
| Deferred Tax Liabilities | $430M |
| Other Non-Current Liabilities | $15.9B |
| TOTAL NON-CURRENT LIABILITIES | $20.6B |
| TOTAL LIABILITIES | $44.8B |
| Common Stock | $40.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $113.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$992M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $152.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $152.5B |
| TOTAL LIABILITIES & EQUITY | $197.3B |
| Total Debt | $4.0B |
| Net Debt | -$6.7B |
