Signs of Recovery -- 2008 Q1 Earnings Recap

Earnings season is in full swing, and one of the surprises is how much some companies have been able to massively grow their profits while most financial news coverage focuses on the doom and gloom. It seems that for well-run companies, this localized down turn has been a bonanza. Here is a sample of some of the companies that have reported incredible gains in profits in year-over-year this quarter:

Tech

• Baidu (BIDU) +100%
• Google (GOOG) +30% +46% (sales)
• Apple (AAPL) +36% +43% (sales)
• IBM +25%
  
• VMWare (VMW) +5% +69% (sales)

Semi

• TSMC (TSM) +49%
• Texas Instruments (TXN) +29%
• Broadcom (BRCM) +22%
• Xilinx (XLNX) +10%

Networking

• Juniper (JNPR) +66%

Energy

• BP +63%
  
• Shell (RDS.A)  +25%
  
• ConocoPhillips (COP) +17%

Chemical

• ADM +42%
  
• Du Pont (DD) +26%

Finance

• Mastercard (MA) +100%
• Visa (V) +28%

Consumer

• Johnson & Johnson (JNJ) +40%
• CocaCola (KO) +32%
• Yum Brands (YUM) +31%
• MacDonalds (MCD) +24%
• AT&T (T) +22% 

Industrial

• CSX +63%
  
• Honeywell (HON) +22%