Fujitsu Siemens bullish on '05
Record sales and profits
Fujitsu Siemens Computers (FSC) is trumpeting its best financial year to date, hitting revenues of €6.018bn and pre-tax profits of €95m for the 12 months to 31 March, 2004. Sales advanced 14 per cent on fiscal 2003 and profits jumped 53 per cent (FY 2003: €33m).
For the second half of FY 2004, the German-Japanese computer hardware vendor posted revenues of €3.45bn and profit before tax of €74m.
FSC is maintaining its forecast for fiscal 2005 – that it will grow five per cent more than the market norm. It identifies growth areas as:
Products and solutions that comprise the Dynamic Data Center including servers and storage as well as supporting services, desktops which already beat the strict EU standards for recyclability and mobility products to enable the mobile workforce.
At the high-end, one associates FSC with brutish SPARC-based servers. But in its outlook, the company cites the new PRIMEQUEST server as an example of a product for the Dynamic Data Center. Announced this month, this is based on Intel’s Itanium 2 processor.
Fujitsu Siemens has come late to the flagging Itanium party but it makes up in enthusiasm what it lacks in timekeeping. Which is just as well: the servers are "smaller and later than expected". ®