Feeds

Quantum profits take leap backwards

Pressure on prices blamed for damaged earnings

  • alert
  • submit to reddit

3 Big data security analytics techniques

Disk-drive manufacturer Quantum has issued a profit warning for its first quarter. For the quarter ending 27 June, Quantum said it expects profit to be less than half the figure analysts had been anticipating. Falling prices were blamed by the company for turning the expected 31 cents per share earnings into a figure now thought to be somewhere between five and 15 cents. Turnover for the quarter is expected to fall short of the $1.31 billion seen in the fourth quarter of last year. Much of the pain felt by Quantum is being felt by other disk-drive makers as PC vendors continue to exert pressure for suppliers to cut prices. The cut-price war in the desktop market has been the main catalyst of change here, causing a knock-opn effect right the way down the supply chain. ®

Combat fraud and increase customer satisfaction

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.