Feeds

Fujitsu Siemens hails H1 growth

Clawing market share

  • alert
  • submit to reddit

Mobile application security vulnerability report

Fujitsu Siemens Computers had a good first half year with sales up 15 per cent between April and September to €2.56bn, compared with last year. Pre-tax profits climbed 60 per cent to €18m. Which is nice, but profits should be much bigger for a company of Fujitsu Siemens' size. Even if it is in the cut-throat computer hardware sector.

Unit shipments for the mostly-hardware company were up 32 per cent for the first half, showing that average selling prices (ASPs) were down. Either that or the margin mix has deteriorated - i.e. fewer servers, storage monsters and ancillary services, and much more desktops and notebooks.

By its own reckoning, Fujitsu Siemens outgrew the market in EMEA by eight per cent in its first half. So who is it clawing market share from? The firm is not saying. Also is the market-grab success coming at the expense of profits?

Fujitsu Siemens is now five years old. It combines the European computer hardware businesses of Fujitsu and Siemens. Fujitsu operates on its own account in the rest of the world, while Siemens... does it have a computer hardware business outside Europe? Answers on a postcard, please.

The firm forecasts five per cent revenue growth for the rest of the year (at current exchange rates) and ten per cent for the full year. It names mobiles, servers, and supporting services as "primary growth areas".

Now for a quote from Bernd Bischoff, President and CEO of Fujitsu Siemens Computers. “We have shown healthy revenue and profit growth, and our company continues to outperform the market. We are nevertheless aware that competition remains very tough and that we always need to go the extra mile for our customers." ®

Related stories

Transmeta: 2GHz Efficeon to offer SSE 3 support
Sun hypes new UltraSPARC and Siebel love
Hitachi readies notebook Serial ATA hard drives
Evesham Voyager 64 Athlon 64 notebook

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Stick a 4K in them: Super high-res TVs are DONE
4,000 pixels is niche now... Don't say we didn't warn you
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Bose says today is F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
prev story

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.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Seven Steps to Software Security
Seven practical steps you can begin to take today to secure your applications and prevent the damages a successful cyber-attack can cause.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.