Articles about Bottom Line

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
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
chart

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
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 …
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
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
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 CEO …
Simon Rockman, 03 Apr 2014

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

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
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

Pricey buys pay off for shape-shifting Alternative Networks

Revving up the acquisition engine got previously misfiring B2B comms and tech outfit Alternative Networks' top line motoring again, but some resulting cost hikes dampened the bottom line. The AIM-listed firm reported a 20 per cent sales bounce to £137.8m for the year ended September, and it returned to organic growth, albeit at …
Paul Kunert, 10 Dec 2014
Data centre

Vows exchanged as Telecity and Interxion prepare to wed

A merger between Telecity and Interxion made public on Wednesday will create a £600m-plus sales heavyweight in the European carrier-neutral data centre space, if it's agreed by shareholders that is. The duo confirmed a non-binding $2.2bn all-share pact: the proposed transaction is to be structured as an offer by London-listed …
Paul Kunert, 11 Feb 2015
Nutanix cloud appliance

Compute+storage upstart Nutanix reveals $200m-plus run rate

Nutanix, the converged compute+storage box-shifter is shifting more boxes and says it has reached a $200m annual revenue run rate 11 quarters after starting shipments. Its VCP (Virtual Computing Platform) has been bought by 800 customers in 43 counties – the country total was 30 in January. The firm adds that more than 16 …
Chris Mellor, 06 Aug 2014
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 …

Microsoft makes 'business case' for marriage equality

Microsoft's general counsel Brad Smith has put forward a business case for marriage equality. The “Microsoft on the issues” blog mostly spends most of its time on topics like privacy and education, so tackling marriage equality is a bit of a departure. Smith starts by saying marriage equality is important to Microsoft because …
Simon Sharwood, 08 Feb 2015
Close-up of a YouTube logo as viewed on a computer screen in close up...

NO ONE is making money from YouTube, even Google – report

It seems no one is making money from online goggle box YouTube, least of all Google – despite reports that the company generated $4bn (£2.6bn) revenue last year. While YouTube accounted for about six per cent of Google’s overall sales last year, it didn’t contribute to earnings, a source told the Wall Street Journal. YouTube's …
Kat Hall, 26 Feb 2015
Tesla Model X e-SUV dashboard

Tesla loses $100 million after Chinese problems

Elon Musk was expecting it, but a little trouble in big China has hit Tesla's bottom line hard. The company lost $107.6m in Q4 2014, up from a loss of $74.7m for the previous quarter. Musk blames this on a weak market in China and delays with getting the new P85D to customers “We built 11,627 vehicles in Q4, thus achieving our …
Simon Rockman, 12 Feb 2015
arrow pointing up

Memory market climbs out of toilet: ASML reports beefy financials

Shares in semiconductor production equipment maker ASML hit a record high this morning after it beats analysts’ top and bottom line forecasts, suggesting the sector’s no longer stuck in the U-bend. The numbers for the Dutch biz are moving in the right direction: sales came in at €1.49bn, versus €1.32bn in the prior quarter. …
Paul Kunert, 21 Jan 2015

Avnet sales slip but EMEA operation's off the hook - for now

Avnet Technology Solutions is on the slide again as its sales and operating profit went south in Q2 fiscal ’15. The distie’s latest president has clearly got his work cut out to turn in consistent and sustainable growth. The enterprise tech wing of Avnet Inc today reported financials for the three months ended 27 December. …
Paul Kunert, 22 Jan 2015

Sales slip at fine-hit CSC after firm escapes from the NHS

Sales at US computer giant CSC dropped 8.7 per cent to $2.95bn (£1.9bn) for its third quarter - around $150m (£98.6m) below what the company had hoped. The company also recorded an income loss of $313m (£206m) for the third quarter, which was affected by pre-tax pension-related charges of $462m (£303m) and a $195m (£128m) charge …
Kat Hall, 10 Feb 2015
Free Robot Hugs by Ben Husmann https://www.flickr.com/photos/benhusmann/sets/72157594246596196

Facebook sad-nav: How to put depressed chums on internet suicide watch

The signs of future suicide often pop up on social media, so Facebook has partnered with the University of Washington (UW) to roll out new tools that can hopefully provide a lifeline to those in need. "Often, friends and family who are the observers in this situation don't know what to do," said Holly Hetherington, a Facebook …
Iain Thomson, 26 Feb 2015
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

IBM may swing axe on same departments more than once

Such is the lack of job security at IBM that staff in certain departments could be at risk of redundancy on more than one occasion during this year, The Channel can reveal. An elected Employee Consultation Committee (ECC) is liaising between IBMers in Systems Middleware that are working in Platform, Integration and Smarter …
Paul Kunert, 04 Mar 2015
Malware image

Lenovo CTO: Hey, look around – we're not the only ones with a crapware infection

On Friday Lenovo is going to tell the world about how it plans to regain the trust of its users in the wake of the Superfish clusterfuck – and may even launch an independent security audit of its products. "Our goal, in the end, is to make this right," Lenovo's CTO Peter Hortensius told The Register on Tuesday. "It's going to …
Iain Thomson, 25 Feb 2015
Bug bounties

Adobe launches cashless bug bounty

Adobe has launched a bug bounty program that hands out high-fives, not cash. The web application vulnerability disclosure program announced today and launched last month operates through HackerOne used by the likes of Twitter, Yahoo!, and CloudFlare, some of which provide cash or other rewards to those who disclose security …
Darren Pauli, 06 Mar 2015
Leisure Suit Larry screenshot

To beat Oracle, find jurors who care about Leisure Suit Larry not Larry Ellison

When you kick a giant in the shins and threaten to cut it off at the knees, do it in a jurisdiction you believe will provide you with a sympathetic jury. That's the strategy advised by Seth Ravin, founder and CEO of third-party application support outfit Rimini Street. The ten year-old company is an irritant to Oracle and SAP …
Simon Sharwood, 27 Feb 2015
IBM Headquarters, Armonk, NY

If in doubt, blow $4bn: IBM says it will fatten up on cloud, mobile, Big Data cake by 2018

IBM is betting billions that it can claw its way back to growth by focusing on what it calls its "strategic imperatives," including cloud, data analytics, mobility, social networking, and security. During Big Blue's annual meeting with financial analysts on Thursday, CFO Martin Schroeter said IBM plans to shift $4bn of spending …
Neil McAllister, 26 Feb 2015
close up of glowing green binary in the symbol of contaminent. By Robert van der Steeg

Pastebin: The remote backdoor server for the cheap and lazy

Malware writers are using the Pastebin web clipboard to host backdoor code, researcher Denis Sinegubko suggests. The code-sharing site was used to store code that was later tapped in attacks against websites running a vulnerable instance of the popular RevSlider plugin. Sinegubko, a Sucuri staffer known for his whitehat malware …
Darren Pauli, 08 Jan 2015
Telstra logo

Telstra posts first half-year AUD$2 BEEELLION profit

Australia's dominant telco, Telstra, has posted sterling half-year results. Income for the period to December 31st, 2014, was up 1.6 per cent to AUD$13.0 billion and earnings per share increased 23.4 per cent to 16.9 cents. Speaking of those shares, they're now at around $6.50 apiece, a price not seen since the early 2000s when …
Simon Sharwood, 12 Feb 2015

Oi, channel peeps. Stop giving money to AWS for IaaS - EMC

Channel partners should eat their own dog food when it comes to deploying hybrid clouds, and use their own infrastructure to develop enterprise apps instead of buying infrastructure-as-a-service from companies like AWS. So said Ross Fraser, EMC EMEA veep of the global alliances team, who unsurprisingly doesn’t want to see its …
Paul Kunert, 16 Dec 2014
Night scene of bank station in central london

Lazy FTSE 350 firms think lawyers can fight off cyber-security worries

Poor communication between boards and front-line management as well as a growing reliance on legal remedies mean UK companies are still falling short when it comes to cyber-security. A KPMG survey of FTSE 350 firms found that 61 per cent of board members reckoned they had a decent understanding of their company’s key information …
John Leyden, 16 Jan 2015

U.S. tech giant CDW: Our 35% stake in Kelway cost us $86.8m

The minority stake in Kelway cost US channel titan CDW $86m, but if all goes according to plan, it anticipates having to cough proportionately more to buy the remainder. As exclusively revealed by us in November, sales steamroller CDW – the largest channel partner on the PLANET – bought 35 per cent of Kelway with an option to …
Paul Kunert, 12 Feb 2015
Qualcomm

Qualcomm: Chinese patent licensees still aren't playing fair

Qualcomm finished its 2014 fiscal year showing strong profit growth, but it cautioned investors that its ongoing disputes with Chinese customers and regulators could affect its results in the coming year. The mobile chipmaker's revenues for the fourth quarter were $6.69bn, up 3 per cent from the year-ago period. Unfortunately, …
Neil McAllister, 06 Nov 2014
cloud

IBM inks another billion-dollar deal... with The Other Advertising Giant

IBM has announced another big outsourcing contract, nabbing a new deal with WPP, the world’s top advertising firm, for $1.25bn. Big Blue has worked with the ad giant before, but this is a new services contract to run its global tech platform in the cloud over the next seven years. The contract comes hot on the heels of another …
tumbling dice

Juniper gives itself an uppercut, plans white box switch running Junos OS

White box switches are generally held to be a threat to traditional network vendors, because server-based network appliances can't attract the same premium prices as dedicated devices. Juniper, however, appears not to be reading the script – or is perhaps trying to write the next Act - because the struggling vendor has announced …
Simon Sharwood, 09 Dec 2014
BlackBerry Passport

BlackBerry slowly pulls out of power dive into toilet

BlackBerry, which began its comeback in earnest this week with a bizarre new square smartphone, posted narrower losses on slightly lower revenue in the quarter ending 30 August. Its hardware division was back in the black after five quarters of losses. To see how far and how fast BlackBerry fell, see our analysis from earlier in …
Andrew Orlowski, 26 Sep 2014
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

IBM staffers climb over each other in race for redundancy payout

IBMers working in the Systems Middleware (SM) division are falling over themselves to volunteer for redundancy, with the programme heavily oversubscribed. Some 110 people want to leave the company with a big fat cheque, which is way more than the ten per cent of the division’s 736-strong workforce that IBM had in mind. The …
Paul Kunert, 13 Mar 2015

Danwood CEO: No more M&A disco watching for us

Danwood no longer wants to be the loner at the edge of the M&A dance floor as romance blossoms between local rivals, especially now its finances suggest it isn’t destined for the scrapheap. The document services specialist was unable to get in on the action during an extensive round consolidation that saw SCC, Xeretec and …
Paul Kunert, 05 Mar 2015

Cray to upgrade UK's Hector super, buff bottom line

Supercomputer maker Cray's business softened in the first quarter of 2011 because of international government-budget issues, but it did have a bit of good news to lessen the disappointment of investors thanks to a Scottish super named for a Trojan warrior. In the quarter that ended this March 31, Cray had a ridiculously easy …

Cloud? We prefer, er, reselling tech, say tech resellers

Canalys Channels Forum 2014 Good old fashioned kit and licence reselling remains the primary way local tech suppliers pay the bills, with IT services still accounting for less than a quarter of revenue generation. This is according to a Canalys survey, which probed 352 channel businesses across the globe to ascertain the impact that classic product sales, …
Paul Kunert, 24 Sep 2014
John Legere

T-Mobile US added more subscribers in last quarter than top three competitors combined

Shares in US mobile operator T-Mobile rose by more than 7 per cent on news that the firm added 2.4 million customers to its books and increased its revenues by 47 per cent in the last quarter. The news moved its outspoken CEO John Legere to profanity. We have outpaced the competition AGAIN – 12 times over! I shit you not! http …
Iain Thomson, 01 May 2014

FCC Republicans slam brakes on net neutrality, but this wagon ain't slowing

The two Republican commissioners on the Federal Communications Commission (FCC) have formally called for this week's vote on net neutrality to be delayed. The US watchdog's panel of commissioners are due to approve or reject FCC chairman Tom Wheeler's secret proposals to regulate internet access in America as if it is a phone …
Kieren McCarthy, 23 Feb 2015

Computacenter's Brit team basks in double digit sales glory

It was again the Brit arm of services-based reseller Computacenter that brought home the bacon for the group in 2014, as operations in continental Europe continued to wrestle with contract or market woes. The group turned over £3.108bn in sales, up 1.2 per cent as reported or 4.2 per cent in constant currency, the fifth straight …
Paul Kunert, 12 Mar 2015
Red pen

Dixphone's half-year P&L accounts are in. So much RED INK

Fewer arch enemies and a brighter economy should help Frankencorp - the merged Dixons and Carphone Warehouse organisation - oil the wheels of commerce. It's done that with gusto in the six months since the union was sealed. The business Wednesday reported a five per cent year-on-year sales spike to £5.02bn for the first 31 weeks …
Paul Kunert, 17 Dec 2014