Articles about Estimates

Intel headquarters, Santa Clara

Intel beats earnings estimates (because nobody expected it to earn much)

Punch-drunk Intel staggered along in the second quarter of its fiscal 2015 and somehow managed to outperform analysts' estimates, even though its results looked even worse than the previous quarter's. Total revenue for the three months that ended on June 27 was $13.2bn. And while that was better than Wall Street hoped for, it …
Neil McAllister, 15 Jul 2015
NBN logo

The $60,000 logo: What it costs to change a website

Swapping logos on its Website cost nbnTM more than AU$60,000, it's emerged in a Senate Estimates hearing. It's also possible that the cost of swapping brand from NBN Co to the new theme could exceed a million dollars, well above the $700,000 originally reported. The higher cost came in answers given to Estimates by …
Hadoop

Quarterly losses double at Hadoop hawker Hortonworks

Open source Hadoop purveyor Hortonworks doubled its quarter-on-quarter net losses in the first quarter of 2015 to a loss of $40m (£25m). Meanwhile, revenue rose 167 per cent to $22.8m (£14.5m). For its full-year, the company estimates a net loss of between $78m (£50m) and $84m (£54m). In its previous full-year results, it …
Kat Hall, 13 May 2015
Chromebook pixel1

School's in for Chromebooks, Google's the top swot in class

Chromebooks will be shipping to the tune of 7.3 million units this year, thanks mostly to educational sales. Research house Gartner estimates that the 2015 calendar year will bring banner sales for the operating system as more schools and home users seek out Chromebooks. Should Chromebook reach the 7.3 million unit mark, the …
Shaun Nichols, 22 May 2015
Apple iPhone 6 and 6 Plus

Fondleslab, wristjob action just not doing it for Apple right now

Apple's third quarter sales – due to be published tomorrow – will show the continuing value of iPhone and Mac products, while the Apple Watch and iPad merely disappoint, suggest a KGI analyst. Sluggish growth in the sales of wristjobs and the continuing decline of fondleslabs is reported by a "well-connected" KGI analyst, Ming …

Apple ups revenue estimates in wake of nine million–phone weekend

In a filing with the US Securities and Exchange Commission, Apple has announced that it now expects its revenue to come in at the high end of the range it projected when it announced its financial results for its third fiscal quarter of 2013 this July. In the filing this Monday, Apple CFO Peter Oppenheimer cited the sale of nine …
Rik Myslewski, 23 Sep 2013
Apple Watch Sport

Apple Watch sales in death dive after mega launch, claims study

Sales of the Apple Watch have plummeted since its launch, according to shopping-receipt-counting researchers. Slice Intelligence claims Apple Watch sales have fallen from 1.3 million units shipped on launch day to fewer than 2,500 watches sold on July 1. You may well need a large pinch of salt with these numbers. Slice uses …
Shaun Nichols, 07 Jul 2015
BT Openreach at work

Sky bangs on Ofcom's door – demands BT competition probe

Blighty's communications watchdog declined this morning to comment on Sky's demands for an in-depth competition probe of BT's broadband biz. Sky has argued in its submission (PDF) to Ofcom today that the regulator should ask the Competition and Markets Authority to intervene with a full inquiry into BT's strong grip on the UK's …
Kelly Fiveash, 29 Jun 2015

Apple squeaks over revenue estimates, misses earnings target

Apple reported revenues in its fourth fiscal quarter that topped the Wall Street moneymen's predictions – but only barely. Its earnings per share, however, came in lower than most predictions. Cupertino posted quarterly revenue of $36bn, which resulted in a quarterly earnings-per-share (EPS) of $8.67. According to the 47 …
Rik Myslewski, 25 Oct 2012

Dear diary. Gotta axe 15% of staff, it's like I'm cracking up – Qualcomm

Mobile chipmaker Qualcomm says it's putting its business under the microscope with an eye to restructuring after posting lackluster third-quarter results, including revenue that missed estimates. "We are making fundamental changes to position Qualcomm for improved execution, financial and operating performance," Qualcomm CEO …
Neil McAllister, 22 Jul 2015
Apple Watch lineup

Apple Watch shipments: Pick a number, double it. Hey, it worked for them

Blogger and analyst Carl Howe estimates Apple has planned an initial production run of 3.1 million sparkling wrist jobs, and forecasts that the “Apple Watch product line will become its most profitable ever, with gross margins exceeding 60 per cent". In a detailed blog post, Howe does admit however that "in truth, projections …
Simon Rockman, 21 Apr 2015
Apple Watch

How many Watches will Apple flog? 20, er, 18.5, no, five, wait, 50 million!

With the Apple Watch allegedly just weeks away from going on sale, industry pundits are weighing in on their predictions for the Cupertino wearable. And boy, do those estimates differ, with wide ranges of price tags and sales figures. According to analysts, the Apple watch will be a hit, unless it's not, and its cost will range …
Shaun Nichols, 20 Feb 2015
channel_teaser_money_top

Phoenix IT Group: Our debts are down! Just like our sales and profits

A year on the job for Phoenix IT Group CEO Steve Vaughan and company sales and profits aren’t dropping nearly as quickly as they used to. The tech services outfit closed off fiscal ’15 ended 31 March reporting brisk trade “across the business” and expects to bank “profits that are comfortably” in sync with analyst estimates. …
Paul Kunert, 09 Apr 2015
storm

Rackspace shares tumble on lowered forecast, revenue miss

Shares of cloud hosting provider Rackspace were battered on Monday after the firm reported a lackluster forecast for the second quarter of its fiscal 2015. Rackspace's total revenue for the three months ending on March 31 was $480.2m, a 14.1 per cent increase over the previous year's first quarter – not bad, but Wall Street was …
Neil McAllister, 12 May 2015
Panic button

SQL Server 2005 end of life is coming, run to the hills...

Microsoft has reminded folk selling and managing IT that another support expiry deadline is looming — SQL Server 2005 goes end of life in roughly twelve months. As of 12 April 2016, Microsoft will no longer provide updates or any form of support unless a business is willing to pay, and those types of arrangements are never cheap …
Paul Kunert, 14 Apr 2015
The Register breaking news

Apple tops estimates with earnings leap of 118 per cent

Apple blew past even the most optimistic Wall Street earnings estimates for the first quarter of its fiscal 2012, posting revenues of $46.33bn, resulting in a quarterly net profit of $13.06bn, or $13.87 per share. "We're thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs," said CEO Tim …
Rik Myslewski, 24 Jan 2012

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

Bloke called Rod struck by lightning for second time

A man called Rod has an unfortunately apt name, having now been struck by lightning twice. Rod Wolfe, 58, lives in Chebanse, a small town outside of Chicago in the United States. Last Saturday, he was standing just outside his house when lightning hit a nearby tree and jumped to his body. He was treated for broken ribs and heart …
Shaun Nichols, 27 Jun 2015

Sky still blue, above the ocean: Google still raking it in

Gigantic automated advertising machine Google has logged yet another quarter of sound results, showing that if you can get punters in the door to buy magic digital beans without ever having a paid staff member interact with them, you'll do well indeed. The Mountain View Chocolate Factory reported revenue of $17.73bn for the …
Neil McAllister, 17 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
NRAO's artist impression of PSR J1930-1852

High school students' record-setting pulsar STUMPS BOFFINS

A bunch of high-school students has turned up a record-setter in the world of astro-boffinry: a pulsar with the biggest-ever orbit around a neutron star. That's exciting to astrophysicists, because the orbital oddity creates a new set of boundaries for such objects – and thus, a new line of investigation to help understand them …
Shenzhen downtown

Apple storms to top spot in stagnant Chinese phones market

Apple is now the top smartphone seller in China, topping foreign and domestic competitors alike in the Middle Kingdom, but overall Chinese handset sales fell for the first time in six years. A report from IDC citing sales in the first quarter of 2015 found that the Cupertino idiot tax operation has taken over the top spot on the …
Shaun Nichols, 11 May 2015
wham_bang_648

All-flash array reports aren't all about all-flash arrays, rages Gartner

Comment Our earlier pop at Gartner's all-flash array methodology has generated a response from Gartner. Joe Unsworth from Gartner – the author of the Market Share report and co-author on the Solid-State Arrays magic quadrant – has been in touch. We said corrective glasses were needed to read the report. View what follows as corrective …
Chris Mellor, 18 Jun 2015

Pray for AMD

We were warned, but AMD's second-quarter results were still a shocking bloodbath, with revenue that missed analysts' estimates and came in even lower than the chipmaker's own revised guidance. Last week, we were cautioned to expect AMD's revenue for the period ending on June 27 to be down 8 per cent sequentially, contrary to …
Neil McAllister, 16 Jul 2015
Apple iPhone 6 and 6 Plus

MONSTROUS iPhone sales are CANNIBALIZING iPads, gabbles Apple CEO

Apple countered soaring iPhone and Mac sales with yet another doleful quarter for the iPad in its second quarter of fiscal year 2015. The Cupertino giant logged Q2 revenues of US$58bn (£38bn, AU$73.9bn), up 27 per cent over US$45.6bn in the same period last year. Earnings per share (non-GAAP diluted) of US$2.33 beat analyst …
Shaun Nichols, 27 Apr 2015

Apple earnings slip, but numbers beat Wall Street estimates

Apple – unlike its tech-industry compatriots Microsoft, Google, Intel, BlackBerry, and über-rival Samsung – surprised most Wall Street moneymen by turning in slightly better than expected numbers for its third fiscal quarter of 2013, reporting revenues of $35.3bn, net income of $6.9bn, and the all-important earnings per share ( …
Rik Myslewski, 23 Jul 2013
For Sale sign detail

Apple annihilates Wall Street performance estimates

With another fiscal quarter now in the bank, Apple has again embarrassed Wall Street analysts. The Cupertinian juggernaut posted its financial results for its third fiscal quarter of 2011 on Tuesday, and the numbers were – to understate a wee bit – quite satisfactory. "We're thrilled to deliver our best quarter ever, with …
Rik Myslewski, 19 Jul 2011

Oi, #tubby! You are what you Tweet, boffins find

Boffins from the USA and Australia have constructed a “Lexicocalorimeter” that parses social media for mentions of food, discovering a correlation between people's wellbeing, and the foods and activities they mention on Twitter. In an ArXiv paper titled Gauging public health through caloric input and output on social media ( …
Simon Sharwood, 22 Jul 2015
Graph of US dollar going up CC 2.0 https://www.flickr.com/photos/68751915@N05/ 401kcalculator.org.

Surging dollar value brightens Tech Data’s European revenues

The unfavourable forex rate leaving US vendors with a damp patch on their financial results in Europe ironically might have helped Tech Data in its opening quarter of fiscal 2016. The world’s second largest tech distie reported sales of $5.8bn for Q1 ended 30 April, down 12 per cent year-on-year, but better than Wall Street …
Paul Kunert, 29 May 2015
1950s style illustration - Smiling woman talks into rotary phone

Broadband isn't broadband unless it's 25Mbps, mulls FCC boss

US comms watchdog the FCC wants to increase the minimum speed ISPs must deliver in order to label an internet service as broadband. Chairman Tom Wheeler hopes to scrap today's minimum of 4Mbps down and 1Mbps up, and instead require carriers to provide 25Mbps down and 3Mbps up if they want to claim broadband internet service in …
Shaun Nichols, 08 Jan 2015
Diplodocuses. Pic: James St John

Did climate change scare off vegan dinos for millions of years? 'Yes'

Dinoboffins may have discovered why prehistoric giant lizards avoided the tropics for 30 million years, and thus solved a great fossil mystery. Research from the University of Southampton and its international partners sheds light on why the biggest dinos from the Triassic period took more than 30 million years to populate the …

Malvertising campaign hits 10 MEELLION users in 10 days

Cyphort researcher Nick Bilogorskiy says 10 million users may have been infected in as many as 10 days, thanks to a deadly malvertising and exploit kit campaign. The cybercrime investigator says the popular Angler exploit kit is driving the campaign targeting users across Asia, the US, and parts of Europe. It is the latest …
Darren Pauli, 29 Jul 2015
The Register breaking news

Facebook beats analyst estimates, talks up mobile plans

Mobile was the big topic for Facebook during its second quarter as a public company, and execs spent much of their Q3 earnings call on Tuesday trying to convince analysts and investors that the social network has a strong future beyond the desktop. "I think our opportunity on mobile is the most misunderstood aspect of Facebook …
Neil McAllister, 24 Oct 2012

Arrgh! It's Device-a-pocalypse, Gartner yowls: 11 per cent drop foretold

Some 12 months ago the device market was booming on the back of the XP refresh – but fast forward to today and things are again looking very regressive. In the latest re-forecast, Gartner reckons eleven million PCs, tabs and smartphones will be stocked by retailers and disties in Britain this year: an eleven per cent fall on …
Paul Kunert, 14 Jul 2015
Stock ticker board

Sophos looks to raise £65m with IPO

Security software outfit Sophos is to imminently float on the London Stock Exchange, a move it estimates will raise $100m (£65m), the company announced today. The Oxford-based biz is thought to be targeting a valuation of £1bn, according to The Sunday Times (subscription required). Richard Holway, analyst at TechMarketView …
Kat Hall, 03 Jun 2015

Apple beats revenue estimates but margins are falling

Apple has beaten some of the gloomier analyst expectations in its second quarter's results filing, with revenues of $43.6bn for the quarter generating $9.5bn in profits. But margins are falling and the company warned that next quarter it may clear only $33.5bn to $35.5bn in revenues – its biggest fall in a decade. The company …
Iain Thomson, 23 Apr 2013
Dyson DC37 vacuum cleaners

Daddy Dyson keeps it in the family and hoovers up son’s energy biz

Blighty billionaire inventor, philanthropist, and land owner Sir James Dyson has snapped his son's energy efficient lights company, Jake Dyson Products, placing Dyson Junior in pole position to take over the family biz. In an interview with the Financial Times Dyson said: “I want the business to remain a family business." He …
Kat Hall, 10 Apr 2015
sea_hp_sink

Sales of HP notebooks and servers are UP! And that's all the good news

HP kicked off its fiscal 2015 with a disappointing first quarter, reporting revenue and earnings both down for the three months ending on January 31, as compared to the year-ago period. Total revenues for the quarter were $26.84bn, a 4.7 per cent year-on-year decline that underperformed analysts' estimates. The firm's net …
Neil McAllister, 24 Feb 2015
Scrooge McDuck

Open-source Linux doesn't pay, said no one ever at Red Hat

Red Hat's sales jumped 14 per cent, year-on-year, in the quarter that ended May 31, thanks to contracts with government and cloud providers. The GNU/Linux distro maker recorded US$481m in sales in its first quarter of its fiscal 2016 year, and a net income of US$48m, up 26 per cent on the year-ago period. The 44 cents per share …
Shaun Nichols, 19 Jun 2015
Google car

Bad news: Robo-cars will make you work BILLIONS more hours. Good news: In 2040

A new report from management consultants McKinsey & Co. suggests the widespread adoption of autonomous cars will save billions of man-hours a year (or make us all work more hours, depending on your outlook) but not for a while. The dossier notes that software-driven vehicles are already in use commercially. Mining conglomerate …
Iain Thomson, 05 Mar 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 …
Oliver Twist

Not in the Budget: Spooks beg UK.gov for £111m brown envelope

Blighty's intelligence agencies have held out the begging bowl to Parliament for a handout of £111m before April. In a written ministerial statement today Cabinet Office minister and Paymaster General Francis Maude sought Parliamentary approval for the additional funds. He said the money reflects a number of "in-year budgetary …
Kat Hall, 18 Mar 2015

MOUNTAIN of unsold retail PCs piling up in Blighty: Situation 'serious'

A consumer PC bottleneck in the UK could result in some price cuts ahead of the Windows 10 launch - or so folk in the supply chain are telling us. Distributors are sitting on roughly 60 days of client stock - around twice the amount they typically carry - and all vendors, save for HP, contributed to the mess. “Inventory levels …
Paul Kunert, 19 Jun 2015

UK consumers particularly prone to piss-poor patching

UK consumer patching practices have worsened still further over the last three months, increasing the threat of malware problems, according to a new study by IT security provider Secunia. Secunia estimates 12.6 per cent of UK users are running unpatched operating systems, up from 9.7 per cent the previous quarter. In addition, …
John Leyden, 30 Oct 2014
fingers pointing at man

HTC wants a hug after glum Q1 estimates

HTC could be in for a spot of bother in 2012 after its Q1 outlook missed analysts’ estimates. Commentators suggest the firm may struggle to compete with Apple, Samsung and the wealth of handset manufacturers crowding this increasingly competitive space. The Taiwanese hardware manufacturer forecast revenue of about NT$65bn to NT$ …
Phil Muncaster, 07 Feb 2012
Flying pig

NBN Co numbers suggest FTTP build could be done for close to Labor's budget

The real cost of completing Australia's National Broadband Network (NBN) in its originally-planned fibre-to-the-premises configuration may well have been close to the $AU43 billion first budgeted, according to data presented by NBN Co's CEO and CFO to a Senate Estimates hearing. Yesterday, CEO Bill Morrow and CFO Stephen Rue …

Gartner forecast dartboard falls off wall, lands in pile of crumpled dollars

The mystics at Gartner have changed their mind: the value of the IT spending isn’t going to grow this year after all, and it is all the fault of the pesky tea leaves US dollar. The re-forecast indicates global expenditure will shrink 1.3 per cent on 2014 to $3.66tn, which is way off last year’s prediction of 3.9 per cent growth …
Paul Kunert, 09 Apr 2015

Brandis and PwC silent on Xmas Eve metadata quiz

Neither the Attorney-General’s department nor PricewaterhouseCoopers (PwC) will comment on why a questionnaire sent to carriers and internet service providers on Christmas Eve asked about the cost of storing metadata for either 12 or 36 months, rather than the 24 months suggested in draft legislation. As Vulture South reported …
Simon Sharwood, 06 Jan 2015
iiNet actor

M2 drops on knee, offers scrip ring for iiNet's hand

A second bidder has entered the competition to acquire Australia's second-largest fixed-line internet service provider iiNet, raising the possibility that initial predator TPG might not have things its own way. The Australian Financial Review reckons the bid was received by iiNet on Friday, and offers shares (but no cash) but …
Unisys sets LinuxWorld alight

Unisys looks to ‘streamline’ as losses increase, sales fall

Losses at mainframe maker Unisys plunged deeper into the red in the company's first quarter of 2015, falling a further $10 million (£6.6 million) to $27.4 million (£18.1 million). First-quarter 2015 sales fell 5 per cent to $721 million (£476 million), when compared with the previous year. The company hopes to makes savings of …
Kat Hall, 24 Apr 2015