Feeds

Computerland UK upbeat (but cautious)

For a change

  • alert
  • submit to reddit

Computerland UK today reported that Q1 profits were up on the same period last year. In a trading statement read out at the corporate reseller's AGM, it announced "good year on year growth".

But product sales are lower than last year "due to the
general weakness in the market for IT hardware".

Computerland is confident that strong services biz will produce a satisfactory trading outcome to the year - "provided there is no significant further deterioration in the market for IT hardware".

That's a big caveat. Still it makes a pleasant change to hear an upbeat statement from Computerland. The Nottingham-based has been trying to wean itself away from dependence on commodity hardware and software sales for a few years. But this is proving to be a long, hard struggle - profit warnings were issued in March and November 1999 - and then again in April 2001. ®

Related stories
Computerland UK issues another profits warning
Y2K bug snacks on Computerland's profits
Update: Computerland UK issues profit warning

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.