Articles about Channel Inventory

DHS-supplied pic of an unidentified female sneezing

PEAK iPAD: Slab looking a bit peaky, needs big biz to take more tablets

Sales of Apple iPhones are in rude health - but the Cupertino idiot-tax operation's iPad is sickly and in need of some tender loving biz customers. This is the diagnosis by Barclays analyst Ben Reitzes, who in a note to investor clients said that, unlike the Jesus mobe, the once super-soaraway fondleslab "clearly has the flu - …
Paul Kunert, 08 Aug 2013

Apple takes $2.2bn hit as Chinese resellers snub iPhone 4S

iPhone supreme leader Tim Cook said Apple's $2.2bn revenue fall in China this quarter was caused by Cupertino flooding the distribution channel with unwanted stock. Sales in the authoritarian regime tumbled from $7.9bn in Q2 to $5.7bn in Q3, a 27 per cent drop although they were up 48 per cent year-on-year. While defending …
Anna Leach, 26 Jul 2012

PEAK APPLE: iPad market share hits the skids

The seemingly impenetrable wall of iPads that Apple CEO Steve Jobs erected around the slablet market is being turned to a pile of fruity mush under the rule of his successor Tim Cook. At least, that is, according to global sales figures for Q2 from Strategy Analytics, which showed Apple's market share fell to 28.3 per cent - …
Paul Kunert, 30 Jul 2013

OCZ omnishambles leaves flash chippery biz on knife-edge

Flash supplier OCZ does not yet know its sales for the last two quarters nor whether it's made a profit or a loss, and had just $2 million net cash left in the bank at the end of 2012. It's an omni-shambles and it could get tossed out of Nasdaq. The memory chip company cannot make sense of its own financial records and is …
Chris Mellor, 05 Feb 2013
HTC

HTC torches forecasts as stock tsunami floods skint Europe

HTC has slashed its Q2 top and bottom line estimates as it clears the glut of stock in the supply chain and acknowledges weakened demand in Europe. The Taiwanese firm revealed revenues for the period are expected to be NT$91bn (£1.9bn) or some 13.3 per cent lower than the NT$105bn it forecast in April. Operating margin was also …
Paul Kunert, 07 Jun 2012
channel

Acer execs play musical chairs

Acer is shuffling the chairs on its exec deck with EMEA president Walter Deppeler moving to become chief marketing officer, and head of the China operations Oliver Ahrens replacing him. Long-serving exec Deppeler will also lead global marketing and branding, assuming the responsibilities of Gianpiero Morbello who left in the …
Paul Kunert, 27 Oct 2011
For Sale sign detail

Acer writes off $150m as audit finds 'abnormalities'

Acer CEO and Chairman JT Wang has relinquished his remuneration package including bonuses from 2010 after the firm unearthed "abnormalities" in channel inventory across EMEA that will cost it US $150m (£91m) to write off. The Taiwanese giant will also cut board directors' pay packages by 50 per cent, ask staff to take a 40 per …
Paul Kunert, 01 Jun 2011
hands waving dollar bills in the air

Misery at Acer: 'Breaking even this year is impossible'

Acer has announced its first-ever quarterly loss as a veritable vortex of inventory backlogs, internal reshuffling, sluggish PC demand and runaway iPad popularity chewed through its profits. The Taiwanese firm's Q2 loss after tax was NT$6.8bn ($236m), according to its preliminary results, which came from "$150m in sales …
The Register breaking news

Nokia earnings pain masks intact war chest, brewing counterattack

Nokia reported another painful quarter today and warned of more to come. The Finnish phone giant reported sales were down 19 per cent year-on-year to €7.2bn for Q3, with an operating loss of €576m. On the positive side the war chest of net cash is unperturbed at €3.6bn, and Nokia's networks division and feature phones did well. …
Andrew Orlowski, 18 Oct 2012
cloud

Thai floods pour cold water on Dell's stiff growth

Dell practically wrote off any chances for meaningful top line growth this year, blaming the uncertain global economy and the disk drive drought crisis. The Texan tech titan last night reported flat sales for Q3 at $15.4bn (£9.77bn) and warned Wall St to expect more of the same in the final three months of its fiscal 2012. " …
Paul Kunert, 16 Nov 2011
fingers pointing at man

Desperate RIM in 'buy two PlayBooks, get one free' offer

RIM has resorted to giving away its little-fondled BlackBerry PlayBook as part of a promo to drive sales to biz customers stateside. In a deal usually reserved for commodity items in supermarkets, US firms will be able to buy two PlayBooks and get one free – of the same spec – from now until the end of the year. As previously …
Tim Anderson, 31 Oct 2011
Amazon Kindle Fire e-book tablet

Kindle Fire to consume half of Android tablet biz

Amazon's Kindle Fire will account for half of the Android tablets bought in 2012. So says Robert Cihra, an analyst at US financial services company Evercore Partners. He didn't indicate whether that's a global or US only figure - the Fire is, for now, only available in the States - but presumably the latter. Cihra attributes …
Tony Smith, 06 Dec 2011
The Register breaking news

Nokia still in the red in Q3 sales bloodbath

Microsoft newlywed Nokia stayed in the red with an operating loss of €71m (£62m) in its third quarter ended 30 September 2011. That's a smaller figure than the company's Q2, when Nokia lost a gigantic €487m (£425m), which CEO Stephen Elop at the time blamed on its new strategy bringing with it "ambiguity" for the firm's …
Kelly Fiveash, 20 Oct 2011
channel

Bischoff's bargain-basement breakout battle at Acer

Troubled Taiwanese PC maker Acer has enlisted the services of former HP and Fujitsu Siemens exec Bernd Bischoff to advise on a "ground-up restructure" of its EMEA professional business. The consultancy role was confirmed to senior staff by president Walter Deppeler as Acer, wrestling with excess kit woes and weakened demand in …
Paul Kunert, 13 Jul 2011
cloud

Seagate ends talks to go private

Comment Seagate has ended discussions with interested parties about going private. The discussions failed to agree on how much the firm was worth with the private equity buyer – understood to be TGP Capital – placing a lower value on Seagate shares than Seagate's board. But the world's largest hard drive maker did have some good news …
Chris Mellor, 30 Nov 2010
The Register breaking news

Nokia reaps the Dilbert years

Analysis Nokia took a long, long time to turn consistent profits into a gigantic quarterly loss, but nobody can be surprised by yesterday's results. With so few (and such lacklustre) products in the pipeline for the past two years, it is remarkable how well it has done for so long, with so little. Last summer I was window-shopping in two …
Andrew Orlowski, 22 Jul 2011

Apple on the lookout for one million unlocked iPhones

About 27 per cent of the iPhones sold in 2007 are being operated on unauthorized wireless networks, according to research released today. That works out at about one million handsets. The unlocked phones are used largely in regions where the must-have device isn't officially sold, according to a report issued by Bernstein …
Dan Goodin, 29 Jan 2008
The Register breaking news

Apple ‘screwed up in education’ – Jobs

An embarrassed Steve Jobs confessed the company had cocked-up its efforts to sell to education when he addressed an insiders-only staff meeting this week. Apple moles have since passed on Jobs' comments to ZDNet US. "We screwed up in education," Jobs told employees. "Dell didn't earn the crown - we gave it to them." Jobs was …
Tony Smith, 08 Dec 2000
cable

Disappearing disks punish Seagate

Disc drive maker Seagate warned on Tuesday that its third quarter numbers will likely come in at the low end of forecasts, due to broad declines in demand for its storage products. Seagate saw demand taper off in the early part of 2004 after an unusually strong December. January sales, in particular, for both mobile storage and …
Ashlee Vance, 03 Mar 2004
The Register breaking news

Intel confirms huge Pentium III chip shortage

The following letter from Intel to its channel partners is self explanatory. It includes information about up and coming price cuts, the big shortage of Pentium IIIs in February, the move to FC-PGA and the shipping of Intel Pentium IIs to the channel. "January 18, 2000 "This is a notice to inform you of the current …
Team Register, 01 Feb 2000
The Register breaking news

AMD delivers Q3 sales warning

AMD has warned of much lower than expected revenues for the third quarter, which it blamed on the poor performance of the PC market. The company, Intel's biggest competitor, said that it expected revenues in the third quarter ending 29 September to be around USD500 million. The company had predicted a small "improvement" on …
The Register breaking news

Intel withdraws boxed Xeons, admits 933MHz CuMine problems

Just as love goes with marriage [seen the divorce figures - Ed?], and the Moon is a balloon, so Intel's long suffering distributor and dealer channel get the thin end of the wedge when supplies of CuMines and Celerwhines are being doled out - as this internal document leaked to us by an Intel employee - proves. The highlights? …
Mike Magee, 05 Jun 2000
The Register breaking news

Chip market to grow 8.3% in 2003 – Gartner

The worldwide semiconductor market is grow 8 per cent growth this year, according to Gartner The analyst firm forecsats that revenues will swell to $168 billion this year, 8.3 per cent up from $152 billion in 2002, despite continuing uncertainty in the market. A slightly disappointing first quarter has caused Gartner to peg …
John Leyden, 20 May 2003
The Register breaking news

Price wars, budget cuts and Sun results

Sun Microsystems sales grew just two per cent in Q3, blaming a more competitive market and the downturn in the economy. The US server and workstation giant recorded revenue of $4.1 billion for the three months ended April 1 2001, around $300 million lower than analysts expectations. Including charges, net income was $136 …
Linda Harrison, 19 Apr 2001
The Register breaking news

Glittering MS financials mask declining trend

Microsoft's Q4 results "beat the street" again? Monotonous, isn't it? We'll explain how it happens. Wall Street financial analysts produce their estimates ahead of the results, and in this case the suggestion was that Microsoft would ear 36 cents a share. This estimate is then followed by a "whisper" figure that is little higher …
Graham Lea, 20 Jul 1999