Feeds

Hardware sales carry on falling at Morse

Service hatch

  • alert
  • submit to reddit

Morse's Q2 sales to 31 December, fell to £92m (2001: #115m), contributing to a slump in interims of £185m (2001: £226m).

Morse is, among other things Europe's biggest Sun reseller, and derived much of its growth in the late 1990s from flogging this hardware to the finance and telecom sectors. Fewer people are buying Sun kit lately, particularly in those benighted sectors.

So Morse, in common with any publicly-quoted computer reseller, draws attention to its service revenues, - safe, recurring, higher margin and boring. Which is what investors want to hear. Of course, when it's computer dealers we are talking about, service business is often low rent and/or product sale-related - installs, post-sales maintenance and the like.

In Morse's case, service revenues were £32m(2001: £28m) resulting in sales for the half year of £57m (2001: £51m). With half-year sales growth up 12 per cent, services are, by default, becoming ever more important to Morse. It supplies no revenue breakdown of the services mix.

Here is Morse's Q2 press statement. ®

Whitepapers

A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.