the S & P 500 We saw a good profit this week as the profit season increased. The market index rose by almost 3%, bringing its annual yield to an impressive 7%. But what stories stood out most last week?
With the gains in progress, investors have a lot to think about. Two notable earnings reports during Tech's week were the TV broadcast company. Netflixis (NASDAQ: NFLX) Company of software of update and collaboration and productivity of the fourth quarter. Atlbadianis (NASDAQ: TEAM) Second quarter fiscal report. Microsoft (NASDAQ: MSFT) It also made headlines last week, when Thurrott noted that Microsoft plans to stop support for Windows phones.
Here is a look at each of these stories.
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For the fourth quarter, Netflix added 8.8 million paid members sequentially, bringing the total membership to 139 million by the end of 2018. With paying members 26% more year-over-year and average subscription prices in its fourth quarter 3% during this same period of time, Fourth quarter revenues increased 27% year-over-year.
While the results for the quarter were solid, some investors may have been hoping that the company's outlook of negative results of $ 3 billion in the free cash flow of 2019 would improve after the company's recent announcement of a price increase. . But the administration is still waiting for a negative free cash flow of $ 3 billion, since it spends a lot on content.
Stocks slipped around 4% on Friday after the release of results. But stocks are still up 27% so far this year.
For its second quarter of fiscal year 2019, Atlbadian maintained its strong momentum, reporting a 39% increase in revenues year after year.
"The second quarter of fiscal year 2019 culminated in a fantastic 2018, as we eclipsed $ 1 billion in calendar year revenue for the first time," said Atlbadian co-CEO Scott Farquhar. "The quarter also highlighted the growing demand for Atlbadian products to drive digital transformation in large and small businesses."
It is important to note that the company also saw improvements in profitability, since its quarterly free cash flow increased 81% year-on-year to $ 122.6 million.
The company added 6,551 new net customers during the quarter, of which 1,396 were new due to the acquisition of the Opsgenie incident management platform.
Microsoft is preparing to stop supporting Windows phones
Another interesting story of the week was a support page recently published by Microsoft that details what the company is referring to "End of Windows 10 Mobile Support." Essentially, Microsoft is preparing to end its support for the Windows operating system.
Microsoft explained the plan on its website:
As of December 10, 2019, Windows 10 Mobile users are no longer eligible to receive new security updates, no security checks, free support badistance options, or Microsoft online technical content updates for free. Third-party or paid support programs may provide ongoing support, but it is important to recognize that Microsoft support will not publicly provide updates or patches for Windows 10 Mobile.
Frequently asked questions about the end of support for Windows 10 Mobile go so far as to recommend that customers switch to an Android or iOS device.
This news highlights how difficult it is for companies to build operating systems for smartphones that can compete effectively with Alphabet Y Apple.
Suzanne Frey, an executive of Alphabet, is a member of the board of directors of The Motley Fool. Teresa Kersten, a LinkedIn employee, a subsidiary of Microsoft, is a member of the board of directors of The Motley Fool. Daniel Sparks owns shares of Apple and Netflix. Motley Fool owns shares and recommends Alphabet (A shares), Alphabet (C shares), Apple, Atlbadian and Netflix. The Motley Fool owns shares of Microsoft and has the following options: long calls of $ 150 on Apple in January of 2020 and short calls of $ 155 on Apple in January of 2020. Motley Fool has a disclosure policy.