Articles about Better Than Expected

Cisco CEO John Chambers speaking at Cisco Live! 2014

Cisco CEO John Chambers' parting gift: a better-than-expected Q3

Outgoing Cisco boss John Chambers is smiling after delivering an April quarter that's 5.1 per cent up over the April 2014 quarter in turnover and 11.7 per cent up in profit. The result would have been even better, but for ongoing weakness in the service provider market (down 7 per cent). The enterprise, public sector and …
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'

IDF 2012 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
Sleeper

Airbnb beats actual posh hotel chain with stupidly large valuation

Airbnb is shortly expected to unveil a valuation of $24bn (£15bn), meaning it will soon be worth more than actual hotel chain Marriott, according to reports. This month, Airbnb expects to close a $1bn (£628m) funding round at a $24bn valuation, "people familiar with the matter" have whispered to the Wall Street Journal. In …
Kat Hall, 18 Jun 2015

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 …
channel

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 …
Samsung Galaxy S6

The sad song Samsung's sung: SEVENTH quarterly fail in a row

Samsung has warned the market that it's going to miss its previous earnings guidance for the April-June quarter. It will be the Korean goliath's seventh successive quarter of decline in year-on-year terms. The original guidance of 7.2 trillion won (US$6.38 billion) has been downgraded to a forecast 6.9 terawon ($6.13 billion …

Cash-happy Quantum is poised to enter the HPC market

Quantum's confirmed fourth quarter and full fiscal 2015 results were better than the prelim numbers, with full year net income the highest in more than five years, and it's aiming to move into high-performance computing storage. Q4 revenues were $147.8m (the preliminary figure was $145m) with net income of $12.9m (prelim: $12m …
Chris Mellor, 07 May 2015

Samsung and HTC: Gaze upon our EMBIGGENED numbers, pesky analysts

Cost-cutting and better-than-expected mobile shipments helped Samsung Electronics and HTC trash analysts' profit forecasts, according to both firms' unaudited Q1 data. Results from the Korean chaebol took a turn for the worse in 2014 as demand for its smartphones and tabs crashed, causing an inventory pile-up that proved costly …
Simon Rockman, 07 Apr 2015
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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. …

Gazan medico team 3D-prints world-leading stethoscope for 30c

Tarek Loubani, an emergency physician working in the Gaza strip, has 3D-printed a 30 cent stethoscope that beats the world's best $200 equivalent as part of a project to bottom-out the cost of medical devices. Loubani together with a team of medical and technology specialists designed the stethoscope and tested it against …
Darren Pauli, 14 Aug 2015

Lenovo exec: Yes we can get IBM's server biz out of the crapper

Interview Lenovo Europe president Eric Cador is banking on a major overhaul of its enterprise supply chain – among other things – to help the x86 business it acquired from IBM “recover” lost ground. In the UK alone, IBM’s revenue share slumped to $31m by Q4 ’14 from $61m in the prior year’s quarter, caused by the uncertainty surrounding …
Paul Kunert, 24 Aug 2015

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 …
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
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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 …
Adobe Creative Cloud

Adobe: Flash, pah. Look, we're doing just fine in the cloud, thank you

Adobe has reported better-than-expected earnings for the first quarter of 2015 ahead of what it called are strong financial figures. The Silicon Valley stalwart reported haul of $1.11bn in revenues and earnings per share of $0.44, well ahead of analysts' $0.39 estimates. Over the quarter customers downloaded 30m apps and piled …
Shaun Nichols, 17 Mar 2015

Whose GPUs let it cruise to record revenues? Nvidia, that's who!

Nvidia performed better than expected for the fourth quarter of its fiscal 2015 and for the year, with strong graphics processor sales buoyed by its swiftly growing application processor business. The chipmaker reported fourth quarter earnings of $0.43 per diluted share on record revenues of $1.25bn, both of which beat Wall …
Neil McAllister, 12 Feb 2015
Mark Hurd and Safra Catz

Hurd'n'Catz leading Oracle to the cloud, but core biz still lags

Oracle beat analysts' estimates for once for the second quarter of its fiscal 2015, with an earnings report that otherwise showed only modest results. The database giant's total revenues of $9.6bn for the three months that ended on November 30 were better than expected, but still only amounted to 3.5 per cent year-on-year growth …
Neil McAllister, 18 Dec 2014
Emulex_results_Q2fy156

What's that, Emulex? A profit? Just over the horizon?

Emulex CEO Jeff Benck unveiled a ray of sunshine with surprisingly good preliminary revenues for its latest quarter. The company ships Fibre Channel HBAs and Ethernet connectivity products and is locked in combat with QLogic in the HBA and converged network adapter markets. Emulex is expecting $110m to $111m in revenues for its …
Chris Mellor, 20 Jan 2015

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
channel

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

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 …

4G Mobile data suck stiffens Vodafone revenues

Vodafone has seen an increase in its UK revenues of almost one per cent during the fourth quarter of 2014, prompted by users gradually moving to 4G and spending more on data. Revenue in the fourth quarter of 2013 was £1,518m, rising to the princely sum of £1,532m for the end of 2014, the mobile giant's first UK revenue rise for …
Simon Rockman, 05 Feb 2015
Crucial BX100 and MX200 SSDs

Business or pleasure? Crucial MX200 and BX100 1TB SSDs

Review It’s not often you get an SSD manufacturer launching two new families of drives at the same time, but Crucial is back from kicking the sand into the faces of its competitors with its aggressive pricing policy of the MX100 series. This time it's flexing its muscles with the BX100 and MX200 ranges. Crucial BX100 SSD Budget 1TB …
Simon Crisp, 12 May 2015
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
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- …
Intel headquarters, Santa Clara

Medic! Intel can't stanch bleeding from mobile chip biz

Intel closed the book on a smashing first full year under CEO Brian Krzanich on Wednesday, reporting record revenues and earnings that beat analysts' estimates. But not every aspect of its business looked equally healthy, with mobile as the obvious trouble spot. Chipzilla pulled in $55.9bn in revenues during its fiscal 2014, a 6 …
Neil McAllister, 15 Jan 2015

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
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

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
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 …
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
Tesla's Elon Musk

Elon Musk hits the brakes on Tesla's e-SUV Model X production

Tesla's shares jumped seven per cent in after-hours trading after it announced a better than expected third quarter. The electric car manufacturer delivered just under 8,000 Model S sedans in the three months to September 30, generated $851m in GAAP revenue (up 97 per cent year-on-year) and recorded a GAAP net loss of $74.7m (94 …
Kieren McCarthy, 06 Nov 2014

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
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
Snowden

I wish I'd leaked sooner says Edward Snowden in post-Oscar chinwag

In his first public comment since the documentary CitizenFour's Academy Award win on Sunday, Edward Snowden took questions from the public and revealed what he says is his biggest regret about becoming a whistleblower. "I would have come forward sooner," he said. "Had I come forward a little sooner, these programs would have …
Iain Thomson, 24 Feb 2015

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
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 …
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
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 …
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
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

Pic 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
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
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

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

Analysis 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