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SanDisk 2.5in 32GB internal Flash drive

SanDisk flashes better-than-expected results. Right, let's upend our biz model

Flash card and SSD shipper SanDisk has ended a lovely-looking fiscal 2013 with four quarters of rising revenues and rising profits, contrasting well with the relative disaster that was fiscal 2012. But the company will have to move fast to address falling memory prices. SanDisk revenues and net income to fy2013 Chief …
Chris Mellor, 24 Jan 2014
Broke - empty pockets

PC sales shrank less than expected during back-to-school 2013

Want a shock? Sales of desktop and notebook PCs during the all-important back-to-school period were actually better than expected, according to the latest figures from research firm the NPD Group. That doesn't mean the PC market has suddenly leapt off its sickbed and started tap dancing, mind you. The numbers are still shrinking …
Neil McAllister, 27 Sep 2013
The Register breaking news

Model S 'leccycar selling better than expected, says Tesla

Tesla Motors has sold a few more electric cars than anticipated, prompting the Elon Musk-run biz to cautiously expect a profit in the first quarter of 2013. Today the manufacturer told shareholders and US financial watchdog the Securities and and Exchange Commission that it has sold 4,750 Model S cars - 250 more than the 4,500 …
Jasper Hamill, 02 Apr 2013
Hadoop in the enterprise

Teradata rides big data wave in Q4, does better than expected

Systems vendor Teradata is riding the twin waves of traditional data warehousing and new-fangled big data munching, and is doing a pretty good job positioning itself to stay relevant in an increasingly Hadoopy world.  The company just turned in better numbers for the fourth quarter than Wall Street expected, but then Wall Street …
The Register breaking news

Intel's chief chipman: '22nm better than expected, 14nm on track'

The low-voltage performance of Intel's 22-nanometer chip-baking process turned out better that the company had predicted, and the development of next year's 14-nanometer process technology is proceeding swimmingly, thankyouverymuch. So said Chipzilla's head of process technology, Mark Bohr, speaking at a tech session during the …
Rik Myslewski, 13 Sep 2012

Cray peddles more iron than expected in Q1

It is tough to find a choppier business than the supercomputer market, and Cray CEO Peter Ungaro had to remind Wall Street once again to not judge the company on a single quarter, and particularly on the first quarter that it has just turned in. While the company's top line was a little better than expected, issues with the …
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Job creation better than expected in the US

Some good news out of the US economy. Job creation was better than expected in September, according to a report released today from the Bureau of Labor Statistics. Better still, more jobs were apparently created in July and August than expected. The job count is done by the BLS using surveys of businesses, but the unemployment …

Dept o' Labor says US created more jobs than it thought this spring

The US economy has been humming along a little more strongly than the Department of Labor originally thought over the past few months – US companies added a lot more workers than expected in February and March, and did better than expected in the shiny new report for April, too. The first Friday of every month is when the Bureau …
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Chip sales prognosis better than expected

Global semiconductor sales are rising despite the supply-change challenges poised by the Japanese earthquake and tsunami and the disruption of the PC market caused by tablets and smartphones. The market-watchers at iSuppli goosed their April forecast on Tuesday, saying that things are looking brighter than previously thought. …

Thought PCs were in the toilet? They're STILL eating Apple's lunch

Apple is losing ground to rival PC manufacturers as shipments plummet in the key US market, according to a report from IDC. The fruity firm's share of the US PC market slipped from 10.9 per cent last year to 10 per cent in the second quarter of 2014, while its year-on-year growth shrank by 1.7 per cent. These dismal figures …
Jasper Hamill, 10 Jul 2014
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HP: Q4 will be better than expected

In the wake of Hewlett-Packard's $2.7bn deal to take over networking player 3Com earlier this week, HP's top brass announced preliminary results for its fourth quarter of fiscal 2009, ended in October. The numbers are better than expected - in large measure because of an business upswing in China. HP said that it expects …
Seagate logo

Seagate says storage demand better than expected

Seagate surprised itself in the last quarter by shipping 47 million disk drives, more than it had actually planned for. The storage vendor's results for the first quarter ending 28 September showed revenues up 17.6 per cent to $3.3bn, with net income leaping from $19m last year to $355m. This turned in earnings per share of $0. …
Joe Fay, 17 Oct 2007

RM: Killing our PC unit hit our top line, but our bottom line is pert

Murdering the PC building biz was always going to result in some top-line slippage for Brit specialist education tech supplier RM, but the move to shutter the production line hasn't hurt profits, quite the opposite. The Oxford-based biz today reported half-year numbers to 31 May with sales down more than 22 per cent to £92.1m …
Paul Kunert, 07 Jul 2014

Cisco cuts costs, boosts profits faster than sales

After a number of other big IT players stumbled in the third calendar quarter, Wall Street was braced for a possible slowdown at networking giant and now converged-system supplier Cisco Systems. It seems that all that muscle tightening was for naught, because Cisco was able to do better than expected in the quarter ended in …
The Register breaking news

People really liked our Xperia. Throw in a weak yen and KERCHING - Sony

The weak yen and strong sales of its smartphones in Japan combined to help Sony report a better-than-expected operating profit in its fiscal first quarter. Things were looking good for the one-time electronics giant at home, where foreign exchange rates were helping its bank balances and its flagship Xperia smartphone was well- …

AMD avoids a red-ink-stained quarter for once, market says 'meh'

Perennial chip challenger Advanced Micro Devices (AMD) has posted a profit for the third quarter of 2013, a turnaround that has failed to excite investors. The good news is that AMD hauled $US1.46bn through the door during the quarter, which means it was in the black by $95m, or 0.06 per share, according to generally-accepted …
Simon Sharwood, 18 Oct 2013

It's spade sellers who REALLY make a killing in a gold rush: It's OVER for graphics card mining

If you’ve been mining "low-price Bitcoin wannabe" Litecoins with a rig of graphics cards, now is the time to shuffle them off to eBay – unless you can find a better use for them. Chinese chip manufacturer Innosilicon is now selling its “A2 Terminator”, a 28nm ASIC for mining Litecoins. It follows on the heels of its A1 offering …
Simon Rockman, 29 Apr 2014
Nvidia GeForce 8700M GT

Gamers save Nvidia's bacon in storming fourth quarter

Nvidia has reported better-than-expected fourth quarter financial results, with revenues of $1.14bn over the three months ending January 26, up 9 per cent on the last quarter and 3 per cent on the year-ago period. "Quarterly revenue came in well above our outlook, driven by PC gaming, capping an outstanding year for our GPU …
Iain Thomson, 12 Feb 2014
pc_tumour_01

Hey doc, what's the PC's prognosis? A. Long-term growth below zero

The worldwide PC market suffered the "most severe contraction on record" in 2013, which means it is doing better than expected, analyst house IDC said on Tuesday. PC and laptop shipments declined by 9.8 per cent in 2013, the firm revealed – and it projected further year-on-year declines through to 2014. 315 million PCs and …
Jack Clark, 05 Mar 2014

eBay cops $3 BILLION tax bill after moving its profits back onshore

Online tat bazaar eBay has copped a $3bn tax bill after bringing $9bn of cash held overseas back to the US. The firm hopes to use the remaining money to fund potential acquisitions at home. The firm announced as part of its first quarter earnings that it had paid a discrete tax charge of around $3bn to bring the cash pile back …
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AMD bleeds less in Q3 than expected

Computer sales may be recovering, but Advanced Micro Devices was still bleeding money in the third quarter. Never-the-less, AMD on Thursday posted a narrower loss than most Wall Street soothsayers had predicted. Similar to Intel, which reported its Q3 yesterday, AMD said its shipments rose from the previous quarter, thanks to …
Austin Modine, 15 Oct 2009
Tesla Model S

Elon Musk ADMITS he met Apple: iCar 'great idea', keeps schtum on Tesla hookup

Tesla CEO Elon Musk has admitted holding a tête-à-tête with Apple - but has refused to disclose the exact nature of the discussions. Rumours have been swirling about a possible hook-up between the fruity firm and the electric car manufacturer. Although Musk confirmed that he had held talks with Apple, he gave no indication …
Jasper Hamill, 20 Feb 2014
Six million dollar man

First man/machine nerve grafts restore amputee's sense of touch

After years of research and hours of gruelling surgery, scientists have successfully attached sensors from a prosthetic hand to human nerve tissue to allow the device to give its wearer a sense of touch. A prosthetic hand with a sense of touch Lucky Dane gets to feel balls again "The sensory feedback was incredible," reported …
Iain Thomson, 06 Feb 2014
Bald Diesen

Pure Storage CEO goes BALD after losing bet on firm's results

Pure Storage CEO has made good on his bet and shaved his head in response to Pure Storage’s results. The all-flash array startup boss said he’d shave his head if Pure’s sales, sales order management and shipping folks managed to double the firm’s business in the fourth quarter. They did and so Scott Dietzen’s cranial follicles …
Chris Mellor, 11 Mar 2014
The Register breaking news

IT'S ALIVE: Groupon stock up, spreadsheets still soaked in red

Groupon shares rallied in after-hours trading last night, jumping at least 10 per cent - after the daily deals site announced a better-than-expected rise in revenue. The voucher bazaar is still making a loss, however. Investors have been more optimistic about the site's stocks since co-founder and chief Andrew Mason was ousted …
For Sale sign detail

PCs do better than expected in Q2

It looks like the prognosticators at IDC and Gartner were a little too cynical about the state of the PC market, and shipments have apparently fallen less than they had predicted in the second quarter. IDC said today that second quarter PC shipments came in slightly ahead of its projections, as they did in the first quarter as …
Microsoft campus

Microsoft: Ha ha, my Wall Street friends - THIS time the victory is OURS

Microsoft disclosed on Thursday its earnings for the first time since outgoing CEO Steve Ballmer announced the company's radical restructuring in July, and from all appearances, all is well in Redmond. The software behemoth reported profits of $5.24bn (up 17 per cent year on year) and earnings per share of $0.63 on record first- …
Neil McAllister, 25 Oct 2013
The Register breaking news

Intel's Q1 'a little better' than expected

Intel today tightened its first quarter revenue forecast to reflect stronger than usual sales. The chipmaker, during its typical mid-quarter update, said revenue should come in between $9.2bn and $9.4bn. That's at the high end of a previous forecast that ranged between $8.8bn and $9.4bn. Solid microprocessor sales and meaty …
Ashlee Vance, 11 Mar 2005
fingers pointing at man

Phoenix profits better than expected

Phoenix IT Group said it had enjoyed “another successful year” in a trading statement issued yesterday. The services firm said it expects profits to slightly exceed expectations. It said it had continued to develop its core Phoenix business while its acquisition, NDR, had continued to perform strongly. It also pointed to …
Team Register, 31 Mar 2006
axe_channel_teaser

ScanSource will axe Euro staffers to save itself $3.1m a year

Distie ScanSource is slashing jobs in Europe in a bid to shed $3.1m in costs a year. The US wholesaler of point-of-sale kit, barcode scanners, comms stuff and security has elevated senior director of merchandising Rudy Meirsman to a newly created role as MD for Europe. This will "provide focused leadership and operational …
Paul Kunert, 12 Apr 2013

Siebel does better than expected in Q4

Siebel Systems' Q4 was better than expected, with the CRM vendor comfortably surpassing its previously announced guidance on revenue and profit. In preliminary results announced today, Siebel said total revenues for Q4, 2003 were approx $365m, with license revenues standing at approx $150m. Earnings per share are approx. eight …
Drew Cullen, 05 Jan 2004
Avnet TS

Annus Horribilis for Avnet Inc

Enterprise tech distie Avnet closed off fiscal '13 on a relative high - well sort of - but the single digit sales hike came too late in the day for management to characterise the year as one of progress. The sector bellwether posted Q4 numbers for the three months ended 29 June showing a 4.5 per cent year-on-year rise in revenue …
Paul Kunert, 07 Aug 2013
HP cloud

HP rides data center growth out of sludgy IT market

HP has reported better than expected financial results on the back of strong server sales and – unexpectedly – good performance in the struggling PC market. The IT company reported an earnings-per-share of $0.90 and a net revenue of $28.2 billion on Thursday for its first fiscal quarter results, beating analyst expectations of $ …
Jack Clark, 20 Feb 2014

Halfway through Meg Whitman's HP turnaround time: Is it working?

Two years in, is Hewlett-Packard CEO Meg Whitman’s recovery plan bearing green shoots? The company beat gloomy Wall Street projections for the fiscal fourth quarter and 2013 year. HP’s top line still took a battering but PC sales were not as bad as expected – and better than IDC’s estimated decline for the market. Whitman told …
Gavin Clarke, 27 Nov 2013
The Register breaking news

AT&T Wireless does better than expected

AT&T Wireless seems to be braving the crisis in the US telecoms market, and has reported a better first-quarter performance than Wall Street had expected. The company managed to add 650,000 customers in the first quarter, considerably better than the earlier estimates of between 425,000 and 600,000, taking its total customer …
ComputerWire, 24 Apr 2002
The Register breaking news

Groupon pops corks: Happy CEO, sales and shares up, profit... oh

Groupon has named co-founder Eric Lefkofsky as the next chief exec at the same time as announcing better-than-expected revenues in this year's second quarter, sending shares shooting up 25 per cent. This is despite making a $7.6m loss during those three months, whereas it made a profit of $28.4m the same period last year. The …

Cray posts modest loss, awaits Q4 revenue wave

Supercomputer maker Cray turned in a slightly better than expected second quarter, with a modest bump in revenues and a slight loss. This is a win in the ever-choppy supercomputer racket – and particularly for Cray in a second quarter. For the past three years, Cray has been cramming a large portion of its sales in the final …

Imation posts FOURTEENTH loss-making quarter

Scalable-storage biz Imation's revenue slump continues while management continues to talk the talk about recovery, which – worryingly, for Imation – depends mainly upon storage array product developments in a brutally competitive market. The firm's revenues – and profitability – crashed as tape and optical disk media sales …
Chris Mellor, 01 Aug 2013
axe_channel_teaser

Symantec CEO: I'll AXE up to 4 in 10 execs by July

Symantec's profits collapsed last quarter amid a company-wide restructure that will axe bosses and rejig routes to market. For the final three months of fiscal 2013, which ended 31 March, the company's earnings tumbled 66 per cent on the year before to $188m (£121m). Turnover climbed four per cent to $1.748bn (£1.13bn), the …
Paul Kunert, 08 May 2013

Fujitsu sells off microcontroller and analog chip biz to Spansion

It's been a busy day at Japanese IT giant Fujitsu, with the company reporting its financial results for its fiscal 2012 year ending in March (that's not a typo) and also announcing that it has spun off its microcontroller and analog device business to the flash-memory maker Spansion. Back in February, Fujitsu announced a massive …

Unisys watches ClearPath mainframe sales climb

The latest line of ClearPath mainframes from Unisys, launched in October and based on Intel's latest Xeon E5 processors, sold a bit better than expected in the final quarter of last year. A mainframe selling better than expected is news by definition, and good news for Unisys in particular since the company's top brass has …

Apple earnings slip, but numbers beat Wall Street estimates

Apple – unlike its tech-industry compatriots Microsoft, Google, Intel, BlackBerry, and über-rival Samsung – surprised most Wall Street moneymen by turning in slightly better than expected numbers for its third fiscal quarter of 2013, reporting revenues of $35.3bn, net income of $6.9bn, and the all-important earnings per share ( …
Rik Myslewski, 23 Jul 2013

Oracle posts flat revenues on slow software sales

Oracle execs were quick to talk up the company's cloud efforts during its Q4 2013 earnings call on Thursday, but slow software sales disappointed investors and sent Oracle's shares tumbling in after-hours trading. Total revenues for the fourth quarter of Oracle's fiscal 2013 were flat at $10.9bn when compared to the same period …
Neil McAllister, 20 Jun 2013
The Register breaking news

Planetary Resources may upgrade crowdfunded satellite into alien-finder

The Kickstarter campaign to build a satellite for public use is going better than expected, according to asteroid mining company Planetary Resources, and so it has extended its revenue target to help fund hardware upgrades to enable the orbital platform to search for exoplanets. The campaign, which seeks to partially fund an …
Iain Thomson, 12 Jun 2013
Google Nexus 7 Android tablet

Asus: we ship a million Google's Nexus 7s monthly

Asus is shipping around one million Nexus 7 tablets a month, the company has claimed. Google's affordable fondleslab was hugely popular with consumers and rapidly sold out during its first product run. However, exact figures remained hazy. Now manufacturer Asus finally lifted the veil. "At the beginning, it was, for instance, …
Caleb Cox, 31 Oct 2012
The Register breaking news

Doped nanotubes boost lithium battery power three-fold

A team from the University of Southern California (USC) has built a lithium battery that provides three times the power capacity of conventional designs, with a recharge time of just ten minutes and a predicted long life-span. "It's an exciting research. It opens the door for the design of the next generation lithium-ion …
Iain Thomson, 14 Feb 2013

Symantec: We've lopped off half our heads, but look how well we're doing now

Storage and security software behemoth Symantec reported increased revenues but profits down in its first fiscal 2014 quarter, as CEO Steve Bennett's companywide reorg made some progress. Symantec's new strategy of focusing the sales firehose on service providers looks like it's beginning to pay off. First quarter fiscal 2014 …
Chris Mellor, 31 Jul 2013

Juniper betas Contrail control freak for software-defined nets

Juniper Networks is fast-tracking its Contrail software-defined network control freak to try to blunt the advances of myriad other players that have crashed onto the SDN bandwagon from all angles of attack. The JunosV Contrail Controller, which was not expected to be commercially available until sometime in the first half of …
The Register breaking news

Netflix shares jump as outfit adds 10 million subscribers in 2012

Netflix watched its stock blow up - spiking 35 per cent - on Wall Street on Wednesday after the company reported better-than-expected profit in the company's fourth quarter and a climb in global subscribers to 33 million. The outfit's outspoken boss Reed Hastings also took the opportunity to have a dig at the competition in the …
Kelly Fiveash, 24 Jan 2013

Symantec: We 'stubbed our toe' on Backup Exec, but we'll be fine

Symantec's new broom CEO has presided over record final quarter - at least for revenues - and full year 2013 results. This is despite the company being in the middle of a management clear-out, profits droop and wholesale sales operation revamp. Revenues for the fourth quarter, which finished on 29 March, were $1.75bn, a record …
Chris Mellor, 09 May 2013