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

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

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

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
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
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 …
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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
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

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
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

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
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
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

Drag queens: Oh, don't be so bitchy, Facebook! Let us use our stage names

Drag queens are protesting against Facebook's real name policy, after the free content ad network forced them to use their legal names on the service. A number of performers have complained about Facebook's actions after drag queen Sister Roma, who lives in San Francisco and is a member of the Sisters of Perpetual Indulgence, …
Kelly Fiveash, 13 Sep 2014
Nokia 130

Microsoft: Just what the world needs – a $25 Nokia dumbphone

Microsoft's Nokia division has revealed its latest mobile phone – but rather than the sort of high-end flagship number that's designed to take on Apple, it's taking aim squarely at the bottom of the market. It's no less than a plastic mini-mobe that will sell for no more than €19 ($25) before taxes and subsidies. Billed in the …
Neil McAllister, 11 Aug 2014

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 …

KCOM Group results hit by Phones4U woes

Brit telco and tech services playa KCOM Group has kickstarted a cost-cutting programme to counter a wobbly top and bottom line, not helped by the collapse of Phone4You and slower than expected PSN demand. The LSE-listed Hull-based group reported a 6.7 per cent drop in turnover to £173m for the first half of fiscal ’15, as profit …
Paul Kunert, 25 Nov 2014

Dot-word domains 'a shakedown, designed to get money out of people'

People don't like you – and it's up to you to fix it. That was the unusual message to the domain-name industry during the keynote speeches at NamesCon 2015 in Las Vegas on Monday morning. The domain-name industry conference, in its second year, is an opportunity for a wealth of organizations and businesses to get together and …
Kieren McCarthy, 12 Jan 2015
Euro notes

Ah, so that's why French IT giant Atos is officially full of Bull

The old adage that there's safety in numbers could well be applied to systems integrators Bull and Atos as they come together in a marriage due to be consummated next month. The theory behind Atos's €620m (£490m) bid to buy cloudy and security biz Bull is to plug gaps in the portfolio, bag more customers and wring out some costs …
Paul Kunert, 29 Jul 2014
chalk outline of  human body at crime scene

What kind of mugs do you take us for? Malicious sites in spam scams target UK

Spam destined for recipients in the UK is almost three times more likely to contain a malicious URL than unsolicited email sent to the United States. Unsolicited email in Germany and France is significantly less likely than mail sent to the US to contain malicious URLs. This means that, on average, an unsolicited email sitting …
John Leyden, 12 Sep 2014
euros_channel_money

Wunderbar! Bechtle chairman fizzles after sizzling financials

Sprawling German-owned tech reseller Bechtle AG today reported a double digit spike in revenues as it made ground both in the relatively sluggish home markets and abroad, helped by acquisitions. Turnover in calendar Q2 was up 16.4 per cent to €603.7m (£482m) including a 14.6 jump in domestic revenues to €403.4m as those outside …
Paul Kunert, 08 Aug 2014
Frodo and the Ring

One Windows? How does that work... and WTF is a Universal App?

Analysis “Whether it’s building a game, or a line of business application, there’ll be one way to write a universal application that targets the entire product family,” said Microsoft Executive VP Terry Myerson, announcing Windows 10 yesterday. One Windows: Windows 10 will be delivered on multiple device types One Windows: Windows 10 …
Tim Anderson, 02 Oct 2014

If Europe is against US's Irish email grab, it must pipe up now

Analysis The European Commission is running out of time to wade into the battle between US prosecutors and Microsoft over servers in Ireland. Uncle Sam's lawyers want the American company to hand over emails stored in the Emerald Isle, and everyone but the EC is piling in with their 2p. Before Christmas, the Irish authorities filed an …
Jennifer Baker, 07 Jan 2015

Microsoft's 'loss leader' Office 365 pricing strategy? NO THANKS

Microsoft’s advice to its channel partners to sell Office 365 as a loss leader to lure in small and medium sized customers is not something that sits well with suppliers, at least not in Blighty. Thomas Hansen, worldwide veep for Microsoft's Small and Medium Business organisation told attendees at the Asian Canalys Channels …
Paul Kunert, 07 Nov 2014

Sales down at UK's oldest tech distie: Northamber losses widen in fiscal '14

The prognosis for Northamber’s future is brighter, according to its colourful chairman, despite widening losses and revenues remaining in free fall for fiscal ’14 ended June. The AIM-listed tech distie - the oldest in Blighty - reported prelim sales of £62.8m, down a whopping 19 per cent year-on-year, and a loss from operations …
Paul Kunert, 30 Oct 2014
Love

EMC CEO Joe Tucci tries to win hearts and minds from VC backers

Analysis EMC is going to ask its shareholders whom they support: CEO Joe Tucci or hedge fund exec Paul Singer? At a Wells Fargo investment conference last week, Tucci outlined his thinking about EMC’s recent history, its future and an appeal to shareholders. Paul Singer’s Elliott Management is the activist investor trying to persuade …
Chris Mellor, 18 Nov 2014
Larry Ellison, photo by Oracle Corporate Communications

Oracle's $5 BEEELLION acquisition zeppelin looms over Micros Systems

Database and software megafirm Oracle is mulling a multi-billion-dollar acquisition of hospitality and retail tech vendor Micros Systems. The two companies are currently in "exclusive talks" about Oracle buying the company for over $5bn, Bloomberg reported on Tuesday. Such an acquisition would help Oracle combat the slowdown in …
Jack Clark, 17 Jun 2014

My TIGHT PANTS made my HUGE iPHONE go all BENDY!

Apple's new embiggened iPhone 6 Plus has been snapped up by buyers for, among other things, its thin case and its 5.5-inch touchscreen. But Apple didn't mention that it also appears to be the company's most flexible handset – whether you like it or not. A handful of early adopters have reported that after carrying the phablet …
Shaun Nichols, 23 Sep 2014
HP CEO Meg Whitman

Wasn't it all supposed to be so different by now, Meg?

Showering partners with love, making changes to the exec line-up, upping R&D and other tweaks made by CEO Meg Whitman were supposed to get HP's business firing on all cylinders, but after year three of the turnaround plan, they've yet to do so. The release of Q4 fiscal ’14 numbers for the year ended October reveal a company with …
Paul Kunert, 26 Nov 2014
Autodesk Spark open 3D printer

Autodesk to release 'open' 3D printer

Design software specialist Autodesk is taking a step into the wonderful world of hardware, after announcing it intends to released a 3D printer. CEO and president Carl Bass has blogged about the new device, to be called the “Spark”, and explains that the company is trying to get the computer-aided design community enthused about …
Simon Sharwood, 16 May 2014
Microsoft Surface bomb

Microsoft advertises Surface, Excel with maths mistake

Microsoft's Surface tablets have again embarrassed the company's bottom line, this time after failing to calculate a simple one accurately. The problem was spotted by folks at Apple Insider who noticed a San Francisco billboard advertising Redmond's latest tablet. When they peered at it closely in the image below, they noticed …
Simon Sharwood, 11 Nov 2013
management consumerisation

Ingram UK basks in rosy glow of ... successful cost-cutting

Throwing costs overboard, smaller interest repayments and walking away from lower-margin business beautified Ingram Micro UK’s bottom line in calendar ’13, as its latest Companies House filing reveals. The Milton Keynes-based biz reported turnover of £968.5m, up 2.15 per cent, or 1.4 per cent when inter-group trade (£36.7m) was …
Paul Kunert, 14 Oct 2014