Articles about Bottom Line

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Dancing in the fluffy white stuff ain't helping SAP's bottom line

Rampant cloud growth struggled to offset falling profits for SAP, Europe’s largest software company, during the firm’s second quarter. Post-tax profits tumbled 16 per cent to 469m euro ($508.2m) while total revenue increased by a fifth, to 4.9bn euro ($5.3bn) for SAP’s three months to June 30, 2015. Earnings per share fell 16 …
Gavin Clarke, 21 Jul 2015
Picture by Afonso Lima

Huawei: Phone sales helped fatten our bottom line in 2014

Phone sales helped network equipment giant Huawei to bank 20 per cent more revenue in 2014 than the previous year, the company said today in an earnings guidance. The Chinese company estimates sales for the 12 months to come in at between ¥287-289bn (£30.3bn to £30.9bn) when the final numbers for calendar ’14 are reported in …
Team Register, 13 Jan 2015
Kim Kardashian. Pic: Eva Rinaldi

Bulging booty bird Kim Kardashian date game biz adds Britney Spears to bottom line

Chinese social network Tencent has agreed to buy 14.6 per cent of mobile game developer Glu Mobile for $126m. Glu is best known for its Kim Kardashian: Hollywood, where you get to “date and dump celebs at the best parties and hottest clubs! Flirt and become the next huge celebrity power-couple!”. Yesterday the company …
Simon Rockman, 30 Apr 2015
FabricCache from QLogic

QLogic: Healthy fibre boosted our bottom line

QLogic has reported second quarter revenues of $127.5m, up 7 per cent on the previous quarter, and 13 per cent on the year-ago period. The server storage and Ethernet interconnect business also reported flat year-on-year profits of $11m, but up a whacking 83 per cent from the first quarter. Second quarter growth was attributed …
Chris Mellor, 20 Oct 2014

Peak Samsung: Bottom line walloped in Chinese mobe, slab war

Cheap slabs and smartphones from Chinese brands are taking a toll on the once seemingly unstoppable tech sales machine Samsung Electronics as it forecast a year-on-year crash in Q4 profit. The chaebol warned in a preliminary earnings guidance message that operating profit will be more than 37 per cent lighter on the same period …
Paul Kunert, 08 Jan 2015

Insight CEO: We've found bottom line balm to soothe Microsoft pain

Microsoft’s heftiest enterprise licensing pal Insight Enterprises is now managing the biting fee reductions emanating from Redmond to such an extent that it feels enough comfort to lift bottom line forecasts for 2014. In contrast, as the reseller titan rolled out Q2 numbers showing revenues stagnation, it pulled down estimates …
Paul Kunert, 01 Aug 2014

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

Sony boss: Nork megahack won't hurt our bottom line

Sony’s chief exec Kazuo Hirai has predicted no major financial impact on the entertainment conglomerate after the recent cyber-attack on its Sony Pictures movie studio division. "We are still reviewing the effects of the cyber attack," Hirai told reporters at the Consumer Electronics Show in Las Vegas, Reuters reports. "However …
John Leyden, 08 Jan 2015

Healthy Fibre biz fattens QLogic's bottom line... and not before time

It's a new fiscal year and a fresh first quarter for QLogic... and it looks like Q’s droopy revenue woes are set to end. It appears to have bottomed out, with numbers once again on the rise as Q starts growing again. Generally speaking, Q supplies storage access adapters and controllers for Fibre Channel and Ethernet. Revenues …
Chris Mellor, 25 Jul 2014

Tech Data shows off perky top and bottom line in fiscal '14....

If you set aside the sales contribution it slurped from acquired SDG and the positive impact of foreign currency exchange conversions, fiscal '14 was a damp squib of a year for Tech Data (TD). The box-slinging distie demon today reported a relatively strong close to the 12 months ended 31 January with group turnover up seven per …
Paul Kunert, 09 Apr 2014

Accounts probe stings IT distie giant Tech Data on the bottom line

The residual effects of Tech Data's accountancy blunder have emerged in the distribution goliath's figures for the first quarter of its new fiscal year. While the numbers published today show rising sales, profits – hit by a series of charges including a $12.2m cost related to the accounts cock-up – are well off the pace. Tech …
Paul Kunert, 29 May 2014
Micron RealSSD

Chipper chipmaker Micron shows off boosted bottom line – gee, thanks, Elpida

Analysis Memory chipmaker Micron Technology – still riding high on the announcement that its on-package memory will bolster Intel's "Knights Landing" processor – has announced what appear to be cheery results today. Its fiscal 2014 quarter revenues were $3.98bn, 3 per cent lower than the second quarter of fiscal 2014 but a whopping 72 …
Chris Mellor, 24 Jun 2014
A United Launch Alliance Atlas V rocket prepared fro launch in 2002. Pic: United Launch Alliance

Chip titan Micron shows off Elpida-fattened bottom line

US semiconductor chipper Micron has boosted its memory and flash business revenues with its purchase of Rexchip and Elpida, announcing record fourth quarter and fiscal 2014 year revenues. Fourth quarter revenues were $4.23bn, six per cent more than the previous quarter and, the Elpida boost kicking in, 49 per cent higher than …
Chris Mellor, 29 Sep 2014
Japanese phone pants

#VultureTRENDING: YESS! It's Pantsr, the Sharing Economy super app that delivers on the BOTTOM line

Get ready for the latest sharing-economy sensation! We here at #VultureTRENDING have exclusive details of the newest business firestorm set to hit the headlines - and the BOTTOM lines! Yes - it's Pantsr! In the same way that Uber has helped people to monetise their otherwise unused vehicles, Ploppr has helped them monetise their …
Tesla Model S

Tesla cars can now 'do an ET' without hurting anyone's bottom line

Electric car firm Tesla's products are almost as talkative as the company's CEO. They constantly ET* to allow the company to check that the battery is in tip-top condition, the car isn’t being driven badly or that the owner isn’t thinking negative thoughts about Tesla. The company can collect a huge amount of data, although …
Simon Rockman, 03 Apr 2014
Nexus 5X

New Nexus 5X, 6P smarties: Google draws a line in the sand

Review Google’s latest Nexus smartphones, the 5X and the 6P, were announced last month, and while there's a lot to be said for the upgrades, there's some unfortunate omissions. It has been five years since the first Nexus smartphone was unveiled, and since then the Chocolate Factory (and assorted hardware partners) has used the brand …
Iain Thomson, 19 Oct 2015

Whew! 13-year-old lawsuit finally over, but it did smack our bottom line - Micron

Micron’s business is booming with first quarter 2014 revenues surging to $4.04bn. The quarter finished in 28 November and its revenues were "42 per cent higher compared to the fourth quarter of fiscal 2013 and 120 per cent higher compared to the first quarter of fiscal 2013". Net income wasn’t anywhere near as impressive at …
Chris Mellor, 08 Jan 2014

Seagate's bottom line smacked as users bin desktops for tablets

Hard drive-maker Seagate's third quarter profits slipped by a whopping 64 per cent year-on-year as the company's bottom line was hit by users deserting desktops for tablets. Revenues for its third fiscal 2013 quarter were $3.53bn, 20 per cent down on an annual basis when revenues were pumped up through Thai flood drive shortages …
Chris Mellor, 02 May 2013
VMware nutella

VMware to chomp up Boxer, says chief techie

VMware has announced plans to acquire Boxer, "doubling down" to further integrate a broader range of easy-to-use applications within its secure data management platform. Boxer provided personal information management (PIM) and social networking solutions to enterprises. Its team is set to join VMware's AirWatch team, within …

Rebounding Brit IT market beefs up Computacenter top line

Computacenter vaulted the £3bn barrier for the first time in its history during 2013 after bagging some meaty services and product deals in Blighty, but one-off charges in continental subsidiaries weighed heavy on the bottom line. Group revenues for one of Europe's largest resellers bounced 2.5 per cent year-on-year in constant …
Paul Kunert, 11 Mar 2014

Migraine in the mainframe: Unisys reports more losses

Mainframe maker Unisys posted yet more disappointing results for, recording a net loss of $9.6m (£6m) for its third quarter results. Revenue was $739m (£477m), down 16 per cent on last year. Anthony Miller, analyst at TechMarketView, noted the firm's hardware revenue halved and services revenues declined by 8 per cent. " …
Kat Hall, 22 Oct 2015
Docker logo

Docker spouts cash, sucks up Tutum

Docker has hoovered up container hosting outfit Tutum, creating what the cash-packed buyer claims will be a complete platform to build, ship and run distributed applications. Both companies are privately held, and financial terms were not disclosed. It seems safe to assume the deal will add nothing to Docker’s bottom line or …
Joe Fay, 22 Oct 2015

Redcentric: Firmly in the black despite Calyx slurp costs

The cost of acquiring and integrating Calyx left a dent in the half-year bottom line numbers for mid-market managed services slinger Redcentric – the only blot in an otherwise decent trading period. Turnover for the six months ended 30 September bounced 15 per cent to £54m. Excluding the contribution from Calyx, acquired in …
Paul Kunert, 09 Nov 2015

Chinese popped-box VPN crims screamed hacker booty in cleartext

China-based virtual private network provider Terracotta, a favourite of some of the most capable hacking groups, is pumping their stolen user credentials in cleartext. The forehead-slapping gaffe was revealed by RSA fraud prober Kent Backman, while outlining more details about the Terracotta VPN organisation first described in …
Darren Pauli, 28 Oct 2015
Euro notes

Efficient German sales engine Bechtle says Q1 was GUT

Insuppressible German headquartered reselling machine Bechtle piled more pounds onto the sales ledger during calendar Q1 seemingly surprising senior management. The business, with ops in 60 locations across Europe, revealed a 6.1 per cent boost in sales to €622.5m, EBITDA climbed 6.3 per cent to €22.5m and profit after tax up 6. …
Paul Kunert, 14 May 2015

T-Mobile US megahack cost Experian $20m, class actions coming

Experian has claimed the megahack of its own systems, compromising 15 million T-Mobile US customers' data, has cost it $20m so far, with several class action lawsuits also on the horizon. The Dublin-based credit services company said the enormous breach of T-Mobile US information was a result of its own systems being hacked, …

IBM and Apple sitting in a tree, k-i-s-s-i-n-g e-n-t-e-r-p-r-i-s-e b-u-y-e-r-s

IBM is once again pushing its software-for-suits in tandem with Apple. Big Blue said it will sell its enterprise customers Mac desktops and notebooks pre-loaded with its IT management software and services. The bundles are aimed at helping IT departments integrate Macs with their current software platforms. Under the new …
Shaun Nichols, 05 Aug 2015
Cisco TiVo PVR

Cisco Australia bumps prices by 12.83 per cent, for second time this year

Cisco Australia is raising its prices by 12.83 per cent, making this the second such rise for the year after a March price increase of 12 per cent. The Register has seen emails from local resellers advising users to buy Cisco kit sooner rather than later, or pay more as of November 9th. Cisco Australia's confirmed the price …
Simon Sharwood, 05 Oct 2015

Spectra Logic: You can't, er, stick to tape forever

Spectra Summit Tape vendors are very few in number now: Oracle (StorageTek), IBM and Spectra Logic. The market is quite static and the only thing that actually happens each year is a new tape generation (just more space and throughput) ... and that’s it. Spectra Logic, which held its annual Summit a few days ago, does have some interesting …

Lenovo CEO: We will axe 3,200 workers as our profits shrink to nowt

There’s no room for sentiment or emotion in business, as Lenovo showed today when it reported an 80 per cent crash in pre-tax profits and plans to axe 3,200 jobs across the group. Revenues for the three months ended 30 June grew three per cent, excluding the impact of for-ex conversions to $10.7bn – but the firm saw a 47 per …
Paul Kunert, 13 Aug 2015

Contract losses and re-org slap Logicalis

The structural overhaul and sweeping management changes at Logicalis UK, coupled with unavoidable exchange rate losses, are causing some bottom line slippage with operating profit crashing. Datatec, the parent of integrator Logicalis, distributor Westcon and a consulting division, rolled out some unaudited financials today for …
Paul Kunert, 21 Oct 2015

Interoute slips ring on cloudy hosting rival Easynet

Euro-bit-barn-operator-cum-cloud-hosting-provider Interoute is to wolf down pan-regional managed services outfit Easynet for £402m, including debts. The transaction, which is subject to certain closing conditions, is all about cross-selling products and services to the firms’ respective bases of enterprise, public sector and …
Paul Kunert, 08 Sep 2015
Pair of pliers with other tools

Belden buys Tripwire for $710m: Will keep network burglars out of Internet of Things things

Signal transmission firm Belden has agreed to buy security tools firm Tripwire for $710m in cash. The deal, announced Monday, is expected to close in the first quarter of 2015, subject to customary closing conditions. Tripwire's security and compliance products, such as Tripwire Enterprise, will be further developed and …
John Leyden, 10 Dec 2014

Skype founders planning non-drone robodelivery fleet. Repeat, not drones

Skype co-founders Ahti Heinla and Janus Friis are poised to unleash a fleet of trundling robodelivery vehicles, promising to get up to two bags of groceries to your door within 30 minutes. Starship Technologies' bots, which are capable of delivering up to 5km from a central hub at a leisurely 6km/h, have all the bells and …
Lester Haines, 02 Nov 2015
£10 notes. Pic: Howard Lake

Oh no! That's another year you didn't grow, KCOM

Brit telco KCOM Group has reported top line shrinkage for the seventh consecutive year, this time blaming problems on “legacy activities” while unsurprisingly pinning its future on cloud services glory. The tech integrator/ comms provider reported a 6.1 per cent fall in revenues to £347m for the year ended 31 March - the last …
Paul Kunert, 05 Jun 2015

US-China cyber espionage treaty 'will do nothing': FireEye boss

Cyber Defence Summit The China-US treaty will do next to nothing to slow or stymie espionage attacks, says FireEye boss Kevin Mandia. Presidents Obama and Xi Jinping recently pledged to stop economic espionage efforts, in a bid to repair the bilateral relationship between the countries. The agreement, positioned as a means to curb wholesale …
Darren Pauli, 14 Oct 2015

Computacenter warns of squeaky bum time for Brit services contracts

It is edge of the seat time for Computacenter UK’s services peeps - they are preparing to bid on a ream of contracts that will “determine” if the recent good times keep on rolling. The services-based reseller issued a trading update this morn, giving an account of the good, the less good and the ugly for Q3; it was talking …
Paul Kunert, 21 Oct 2015

Salesforce back in the red, reviews future black ink orders

After a brief interlude in the black, Salesforce is back in more familiar loss-making territory, according to the financials for its second financial quarter this year. The giant CRM provider posted total revenue of $1.63bn (£1bn) for the period, an increase of 24 per cent year-on-year. Operating profit remained above water …
Kat Hall, 21 Aug 2015

175 MILLION websites still powered by Windows Server 2003

Windows Server 2003 support ended a month ago today, but there are still 175 million websites on the public internet – about one in five – that are powered by the operating system. Plenty of the machines also run Microsoft Internet Information Services 6.0, a version of Redmond's web server that has primitive security compared …
Simon Sharwood, 14 Aug 2015
VMware nutella

VMware sees BILLION-DOLLAR upside in Dell buy

EMC/Dell deal VMware CEO Pat Gelsinger has welcomed Dell's purchase of EMC, saying it should add a billion dollars a year to Virtzilla's bottom line “over the next several years”. Speaking on a conference call staged by EMC, Gelsinger said he “could not be more excited about todays announcement” which he rated “very positive”. Which of …
Simon Sharwood, 12 Oct 2015
Stock market. Pic: Alberto Carrasco Casado

It's all go for Softcat's £500m IPO, Credit Suisse, Jefferies hired

Tech reselling steamroller Softcat is edging ever closer to flotation on the London Stock Exchange after appointing brokers to manage the process, insiders have told El Chan. The fast growing Marlow-based business, which is expected to be valued at between £400m to £500, has hired Credit Suisse and investment bank Jefferies …
Paul Kunert, 26 Aug 2015
Sony's Z2 tablet is thin

Thin Client Devices Revisited

Survey Results With conversations around end user computing dominated by highly desirable mobile technology, it’s easy to overlook the potential of thin client hardware. Deployed in the right way to the right types of user, however, far from being the compromise option, thin client devices can enhance the user’s overall experience. While the …
Dale Vile, 13 Nov 2015
Job cuts jpeg

AMD CEO: We're jumping back into cost-cutting mode

AMD has confirmed it is slipping back into cost-cutting mode after its annus horribilis, caused by tanking demand for consumer PCs in a quarter described by CEO Lisa Su as the “revenue trough” for 2015. As the headline figures revealed last night, there was little to cheer up AMD or investors; revenue dropped eight per cent …
Paul Kunert, 17 Jul 2015
Bang by Guian Bolisay

Invicta IT to vendors: 'Put us in the bucket... of ones to watch'

Reseller minnow Invicta IT has hired a raft of heavy-hitting - and no doubt expensive - sales account managers from Insight Enterprises as it eyes up moving into the bigger leagues. The Slough-based HP, Cisco and NetApp seller recruited ex-Insight corporate sales director Gary Remmington as sales director on 1 April and he in …
Paul Kunert, 17 Sep 2015

Acer: We ARE profitable – oh yes, we made £40k big ones in Q2

For the second quarter in a row, Acer's P&L accounts have remained in the black, though its operating margins must be a cause for concern – just 1.48 per cent, at the last count. And part of the reason for the slim pickings is partly the fault of those pesky chaps at Microsoft, the company reckons. The firm released turnover …
Paul Kunert, 07 Aug 2015
shutterstock_183801788_container ship

Brocade wrings profits from a steady-as-she-goes business

Analysis Brocade has jogged along nice and evenly for four years now, at around $2.25bn annual revenues with steadily rising profits, and its fiscal 2015 added a similar fifth year of pretty decent results. It saw $2.26bn in revenues and a $340m profit, while in full year 2014 it saw $2.21bn in revenues and a $238m profit, indicating …
Chris Mellor, 25 Nov 2015

Wallet wafting into the Cloud? Amazon hears your pain

It's really cheap to spin up a single VM in a cloud like the one operated by Amazon Web Services (AWS). The burn comes when that VM goes live, starts to clock up some usage, spawns an extra CPU or four and starts to suck in and spew out data. At that point you'll also need a cloudy load balancer and firewall. And not long …
VMware's monster VM

VMware profits flat-line even as services revenues grow

Say what you will about VMware, but it has been brilliant about extracting the most amount of profit possible out of what used to be a virtual monopoly on x86 server virtualization in the data center. But competition from Microsoft and various open source alternatives, particularly the OpenStack-KVM combo, is putting the squeeze …

Avnet TS bemoans slow PC sales and currency for Q4 shrinkage

Avnet Technology Solutions reported a near double-digit decline in revenues to close off Q4, despite selling roughly as many enterprise tech products as it did in the same period a year ago. A financially flattish quarter turned into a declining one, in part when local coinage was converted back into a strong dollar, but …
Paul Kunert, 06 Aug 2015

UK gets the Ashley Madison fear: Data privacy moans on the up

Consumer complaints about the way personal data is handled increased by 30 per cent from 2013 to 2014, according to figures from Pinsent Masons, acquired via several Freedom of Information requests to the Information Commissioners Office (ICO). Complaints about the security of personal information rose from 886 in 2013 to 1, …
John Leyden, 05 Oct 2015