Articles about Estimates

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WD disk revenues spin slower as its flash fireworks go off

WDC beat its own better-than-expected preliminary results estimates with a $3.495bn quarter but swung to a $351m loss with fewer disk units sold. Layoffs are coming. Revenues for the fourth fiscal 2016 quarter, ended July 1, were 9.2 per cent higher than a year ago and 24.8 per cent up on the previous quarter. This quarter …
Chris Mellor, 29 Jul 2016

Bezos bags bonkers bucks as almighty AWS astounds again

Amazon Web Services (AWS) is on a roll after closing a financial quarter in which its operating income more than doubled. Amazon as a whole posted a solid quarter, with net sales of $30.4bn, up from $23.1bn, and net income of $857m, up from $92m. Much of that was due to the success of the cloud computing business. For the Q2 …
Shaun Nichols, 29 Jul 2016
Verizon corporate building

Verizon blames striking workers for dent in sales

Fresh from its $4.8bn acquisition of Yahoo!, Verizon says its sales dropped five per cent year-on-year in its latest quarter, the three months to the end of June. Essentially, US telecom giant's wireless and wireline revenues fell over the year-ago quarter. Here's a summary of VZ's Q2 2016 results: Revenues of $30.5bn were …
Shaun Nichols, 26 Jul 2016
Money down the drain

I'm good, I'm fine, solid quarter, real well ... pants Sprint as it limps past, spilling $300m

US telco Sprint says it is bringing in new customers by the boatload, despite another quarter in which its losses reached well into nine figures. The fourth-largest carrier in the US logged a net loss of $302m as it continues a campaign to rebuild its business model. For the first quarter of Sprint's financial 2016, ended …
Shaun Nichols, 25 Jul 2016
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UK employers still reluctant to hire recent CompSci grads

Computer science graduates continue to top the UK's higher education unemployment rankings, according to the latest figures compiled by Higher Education Statistics Agency (HESA). Ten per cent of computer science graduates failed to find a job six months after graduation in the academic year 2014/2015 - a figure higher than …
Katyanna Quach, 22 Jul 2016
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AT&T: Money? Oh, sure, no I'm fine – I'm doing great (if you ignore my phone business)

AT&T says wireless revenues are down in what was an otherwise solid quarter for the US telecom giant. Its second quarter of 2016 [PDF] period was, overall, a success thanks to solid returns from the newly-acquired DirecTV. They were, however, tempered by falling revenues in other areas. Quarterly revenues were $40.5bn, up 22 …
Shaun Nichols, 21 Jul 2016

Official: AMD now stands for Avoiding Miserable Death

AMD fans are over the moon today as their favorite processor designer has sold more chips than expected in the three months to June 25. The Sunnyvale, California, biz beat analysts' estimates on revenue and earnings per share in a billion-dollar quarter that ended in the black rather than the usual red: the Radeon maker banked …
Chris Williams, 21 Jul 2016

The cloud ain't making it rain for Intel right now: Tech giants pause server chip sales

Analysis Intel's stock price fell on Wednesday after it became clear the processor maker is not selling quite as many server processor chips as investors had hoped. The Silicon Valley giant reckons its CPU sales into data centers will hit double-digit growth by the end of the year. So far, with half the year gone, we're staring at mid- …
Chris Williams, 21 Jul 2016
Australian money at a crime scene

Data retention grants still not flowing to Australia telcos

Australia's telcos and internet service providers still have not been told when they will receive promised grants to help them implement mandatory metadata collection. Australia passed metadata retention laws in 2015 and they came into force on October 13th, 2015, albeit with a two-year grace period in which to satisfy the …
Simon Sharwood, 20 Jul 2016

Microsoft ordered to fix 'excessively intrusive, insecure' Windows 10

Updated A French regulator has issued Microsoft a formal warning over Windows 10, saying the operating system collects excessive amounts of personal data, ships that information illegally out of the EU, and has lousy security. The warning comes from the Commission Nationale de l'Informatique et des Libertés (CNIL), an independent data …
Iain Thomson, 20 Jul 2016
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Hacker shows Reg how one leaked home address can lead to ruin

Unrestcon It takes nothing more than a home address for hacker "Nixxer" to find enough information to ruin your life. Nixxer is one of Australia’s most skilled good-guy social engineers and at a recent event, and in subsequent chats with The Reg, demonstrated the potential damage rather than actually ruining a life. But the arsenal he …
Darren Pauli, 20 Jul 2016
Microsoft CEO Satya Nadella

Microsoft Azure doubles up to $800m a quarter – and is wiped out by dying phone sales

Analysis All eyes were on Microsoft's cloud business today as it published its fourth-quarter and full-year financial results. Amid the numbers, Redmond boasted that its Azure revenues from the quarter were up 102 per cent year-on-year – we estimate the cloud service's revenue to be about $800m in total for the period. Meanwhile, …
Iain Thomson, 20 Jul 2016
results

What's big, blue and red all over? IBM. Profit, z Systems down, cloud up

IBM today reported its second quarter financial results and the figures don't look good, with profits falling nearly 30 per cent. The venerable computing giant did perform slightly better than analysts expected, however GAAP revenues and profits are both down year-on-year. It's the 17th straight quarter of revenue declines for …
Iain Thomson, 18 Jul 2016
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UK's climate change dept abolished, but 'smart meters and all our policies strong as ever'

The closure of the UK government's Department of Energy & Climate Change should result in a major rethink of the organisation's shambolic and costly £11bn Smart Meter programme, campaigners have urged. Last week DECC was merged with the Department for Business, Innovation and Skills to form the newly anointed Department of …
Kat Hall, 18 Jul 2016
Woman watches TV with cat, uses remote to change channel. Photo by Shutterstock

Ad blockers responsible for rise in upfront TV ad sales, claims report

The upfront market for broadcast and cable networks has taken an unexpected U-turn from last year’s dip, seeing an increase in advertising sales of $800m to $18.6bn in the most recent completion. According to research firm Media Dynamics, this 4.5 per cent increase in TV ad revenue is a blow to OTT video platforms on PCs and …
Faultline, 15 Jul 2016
A plate of horderves

Ad viewability worsens

Ad viewability worsened in the UK according to the adtech industry's own trade body, the IAB. Viewability of display ads fell to 47 per cent in Q2 2016, the lowest for six quarters, and lower than the international average of 56 per cent, and European rivals. An ad must be viewable for a full second, according to IAB metrics …
Andrew Orlowski, 15 Jul 2016

LG’s modular gambit stalls

LG’s bold design move to include an expansion slot for bespoke removable modules in its flagship phone isn’t paying off. The company has reshuffled management and admitted that the "latest flagship G5 smartphone failed to generate sales”, but didn’t say by how much. Korean source Aju Business Daily suggests LG will lower its …
Andrew Orlowski, 12 Jul 2016
Smashed computer

Apple crumbles: Mac sales slump while Dell, HP Inc, Lenovo shift PCs

Apple was the biggest loser in a Q2 that saw PC shipments down across the board. Research house Gartner reports that on the year-ago quarter, global shipments fell by 5.2 per cent overall, though the North American market showed some signs of life with a modest 1.4 per cent gain. Globally, Lenovo remained the single biggest …
Shaun Nichols, 12 Jul 2016
Barracuda_cloud_sea

Barracuda picks teeth after chowing down on cloud market

Revenues grew 11 per cent year-over-year to $86.7m in Barracuda’s first fiscal 2017 quarter, confirming its return to growth. Net income was $2.8m. Recurring subscription revenue grew to $65.3m, up 20 per cent from $54.3m in the year-ago quarter and 75 per cent of total revenue. Appliance revenue though, was down, at $21.3m, …
Chris Mellor, 08 Jul 2016

The Great Brain Scan Scandal: It isn’t just boffins who should be ashamed

Special Report If the fMRI brain-scanning fad is well and truly over, then many fashionable intellectual ideas look like collateral damage, too. What might generously be called the “British intelligentsia” – our chattering classes – fell particularly hard for the promise that “new discoveries in brain science” had revealed a new …
Andrew Orlowski, 07 Jul 2016
Illustration of a "bitcoin" dissolving into numbers. Photo by SHutterstock

Bitcoin child abuse image pervs will be hunted down by the IWF

Blockchain forensics are being harnessed in an effort to clamp down on the trade in images of child sex abuse on the dark web. The Internet Watch Foundation (IWF) is teaming up with Elliptic, a UK blockchain intelligence start-up, in a bid to track individuals who use Bitcoin to pay for images of child sex abuse. The IWF is …
John Leyden, 06 Jul 2016
Image composite Titima Ongkantong, Stephen Marques, Shutterstock

Outed China ad firm infects 10m Androids, makes $300k a month

Net scum behind the Hummingbird Android malware are raking in a mind-boggling US$300,000 (£233,125, A$404,261) a month through illegitimate advertising and app downloads from a whopping 10 million infected devices. The offending group, known as Yingmob, is an offshoot of a legitimate Chinese advertising analytics firm with …
Darren Pauli, 06 Jul 2016
London, United Kingdom - June 23, 2016: British Referendum. A voting station in inner London is the grand entrance to St Matthew's Church. UK is voting to stay or leave the EU. pHOTO Ms Jane Campbell/SHUTTERSTOCK - EDITORIAL USE ONLY

Pollster who called the EU referendum right: No late Leave swing after all

Analysis The EU referendum was a catastrophe for opinion pollsters. Remain’s official pollster, Populus, predicted a ten point margin of victory. Banks commissioned their own private polls, and also predicted victory, only to lose billions within hours as the strength of the Leave vote became clear. However one pollster stands out – …
Andrew Orlowski, 01 Jul 2016
Happy man holds flag of Israel. Pic: Shutterstock

Israeli cybersecurity boom 'sustainable', argues industry’s father

Israel cyber week The "father" of Israel's cybersecurity industry reckons the unprecedented growth in its security startup industry can be sustained. Isaac Ben Israel, who heads the Interdisciplinary Cyber Research Center (ICRC) at Tel Aviv University, estimates there are 400 cybersecurity firms in Israel. Together with more established …
John Leyden, 22 Jun 2016
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You lucky creatures! Mammals only JUUUST survived asteroid that killed dinosaurs

Over 90 per cent of mammals were killed in the same impact event that caused the dinosaurs' demise after a gigantic asteroid came crashing down on earth, according to recent research published in the Journal of Evolutionary Biology. It is believed that an asteroid roughly six miles (9.6 km) across hit earth 66 million years …
Katyanna Quach, 20 Jun 2016
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Brexit: More cash for mobile operators or consumers? Pick one

One thing the Brexit debate hasn't been short on is hyperbole, with much talk about a potential economic Armageddon triggered by a leave scenario. Certainly there has been no shortage of tech companies loudly nailing their colours to the remain mast. Microsoft and Hewlett Packard Enterprise even went so far as to email staff …
Kat Hall, 20 Jun 2016
Pennies in a jar. Photo via Shutterstock

Stopped buying Oracle's kit? You've literally decimated its profit

Oracle is talking up soaring sales for its cloudy operations – while the IT giant's profit has taken a big hit over the past 12 months. "We dramatically overachieved again in the cloud," gushed co-CEO Safra Catz in a conference call with analysts, putting her bruised revenue and net income figures aside. "As the business grows …
Shaun Nichols, 17 Jun 2016
ALP NBN policy outline

Labor's broadband policy decides 39% fibre is healthy NBN diet

Australia's opposition Labor Party (ALP) has released its national broadband network (NBN) policy (PDF) the centrepiece of which is a pledge to replace as-yet-unbuilt fibre-to-the-node sites with fibre-to-the-node. Labor's policy does five things. Firstly it's an attack on the incumbent Libera/National coalition government's …
Simon Sharwood, 13 Jun 2016
Traffic in Saigon. Pic: "M M"

Behold the zettabyte internet

Total traffic on the internet this year is going to surpass the one zettabyte mark. This according to Cisco, who says in its latest Visual Networking Index report that humanity will slurp down a staggering 1,000 exabytes this year. In Western Europe alone, Cisco estimates that internet traffic will reach 28 exabytes a month …
Shaun Nichols, 07 Jun 2016

Why does an Android keyboard need to see your camera and log files – and why does it phone home to China?

Security biz Pentest is sounding alarms after it found an Android app it says has been downloaded 50 millions times despite being "little more than malware." UK-based Pentest said a whitepaper study [PDF] of the popular Flash Keyboard found that the Android app is "abusing" OS permissions, inserting potentially malicious ads, …
Shaun Nichols, 07 Jun 2016

100 million credentials from 'Russia's Facebook' go on sale

Russian social networking site VK.com appears to have been breached with hackers selling some 100 million records for a mere US$580 in Bitcoins. The breach has been reported by LeakedSource which received portions of the breached database. At least 100 million accounts are said to have had names, user logins, and phone …
Team Register, 06 Jun 2016
Security guard watches footage from hundreds of camera. Photo by Shutterstock

UK Home Office is creating mega database by stitching together ALL its gov records

Exclusive The UK Home Office is secretly creating a centralised database on the good folk of Britain without presenting the capability increases to the public or subjecting them to Parliamentary scrutiny. The Register can reveal the project, which was described as simply a “replatforming” of the department's aging IT infrastructure, has …
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Anti-phishing most critical defence against rife CEO email fraud

AusCERT Internal anti-phishing programs are essential to prevent chief executive officers wiring money to fraudsters, threat man Donald McCarthy says. The programs are an underrated yet proven method for clamping down on what is perhaps the world's most successful and widely-used avenue to attack businesses and individuals. Business …
Darren Pauli, 02 Jun 2016
Pluto

Plutonian 'lava lamp' seas give dwarf planet a regular face lift

Pics and video NASA has released the most detailed pictures we're likely to get from the New Horizons probe flying past Pluto, and they show the planet displaying habits most commonly associated with 60s décor. Earlier pictures from the probe show a smooth and shiny area on Pluto's surface dubbed Sputnik Planum, consisting of polygon cells …
Iain Thomson, 02 Jun 2016
Iguazu_falls

Disk death: Three-quarters of PCs will run SSDs by 2020

Total disk drive shipments are going to plummet by 2020, with raw SSD cost getting cheaper than disk and SSDs taking over from disk in notebooks. Analyst haus Stifel Nicolaus's MD, Aaron Rakers, has taken a close look at Gartner’s HDD and SSD projections over the next few years. He writes: “Gartner is currently forecasting …
Chris Mellor, 31 May 2016
Snail photo Jurgen Schoner CC wikimedia

Switkowski wades into NBN leak debate, ALP is furious

nbnTMchair Ziggy Switkowski has penned an article for Fairfax saying the “NBN leakers” aren't whistleblowers, but partisan ideologues. The article, coming as it did during an election campaign, has drawn immediate fire from the ALP's Tony Burke, who accuses Switkowski of breaching the “caretaker conventions”. With the …
Verizon workers on the picket line

Verizon, union make peace after 35,000 strike techies put telco on hold

Verizon has reached a deal that will end the six-week strike by many of its network technicians. The US Department of Labor (DOL) says it has brokered a deal for a four-year contract between Verizon and the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW). Verizon workers …
Shaun Nichols, 27 May 2016

Faded celebs' Twitter feeds degrade to sad, lonely smut storms

Symantec boffin Satnam Narang says some 2500 Twitter accounts, including those of journalists and other notables, have been compromised and used to sling pornography and links for dating sites. The accounts include those of a Telegraph journalist, a CNN correspondent, the National Post editor-in-chief, WKYT weekend anchor, …
Darren Pauli, 26 May 2016
Man exasperated after being on hold for a long period of time. Photo by Shutterstock

Geniuses at HMRC sack too many staff! Nope, can't do it online. FAIL

HMRC was too hasty to cut staff before expected cost savings from a shift to digital materialised – something that should act as a cautionary tale for its current "digitisation" plans, the National Audit Office has warned. Between 2010/11 and 2014/15, HMRC cut staff in its personal tax department from 26,000 to 15,000. But …
Kat Hall, 25 May 2016
Frustrated accountant puts head in hands. Photo by Shutterstock

Insure against a cyberwhat now? How the heck do we crunch those numbers?

The head of a UK industry insurance organisation has called for the government to create a database where companies would be obliged to “record details of cyber attacks”. Insurers are struggling to assess premiums for newly introduced cyber insurance policies in the absence of background info, according to the head of the …
John Leyden, 24 May 2016

Don't tell the Cabinet Office: HMRC is building its own online ID system

HMRC is pushing ahead with its own plans to build an online authentication portal following the decommissioning of the current Gateway portal in 2018, according to multiple sources. One source said the department is building its own authentication capability that will deal with businesses – something the Government Digital …
Kat Hall, 24 May 2016

They take to it later, but when women FLOSS, they mean it

Despite an extreme gender gap in the free/Libre and open-source software community - even more extreme than in general IT - women who work full time in FLOSS stick with it longer than men, according to a recent report. The gap between men and women in the IT industry is well known. The report, "Women in Free/Libre/Open Source …
Katyanna Quach, 19 May 2016

When are flat revenues not so bad? When your name is Cisco

Cisco says that it is optimistic on its financial outlook despite a "challenging environment" that saw the networking giant's quarterly revenues drop slightly. "We delivered a strong Q3, executing well despite the challenging environment," said CEO Chuck Robbins. "I'm pleased with our performance today as well as the progress …
Shaun Nichols, 18 May 2016
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The PC is dead. Gartner wishes you luck, vendors

The PC market is doomed. We know this. You know this. Gartner knows this, but it reckons vendors can bleed out a few more pennies if they start selling high-end rigs for gamers. "PCs are no longer the first or only devices users are choosing for internet access," said Meike Escherich, principal research analyst at Gartner. …

36 firms at risk from that unpatched 2010 SAP vuln? Try 500+

Analysis A vulnerability in SAP systems that some enterprises have failed to patch for six years is more difficult to fix than previously reported and estimates of enterprise exposure are way too low, according to the security consultancy that originally found it. US-CERT took the unprecedented move on Wednesday of enumerating in an …
John Leyden, 13 May 2016
Live news illustration with microphones and cameras

Qlogic beats own estimate

Storage connctivity biz QLogic beat estimates with a Q4 revenue raise. Instead of the expected $116m, QLogic revenues were $119.4m in its fourth fiscal 2016 quarter, down 10.5 per cent year-on-year and, as seasonally expected, down 2.7 per cent on the prior quarter. Full fy2016 revenues were $458.9m, 11.8 per cent less than …
Chris Mellor, 06 May 2016

Hey, YouTube: Pay your 'workers' properly and get with the times

Analysis The latest record industry middleman takes more than ever from the mouths of musicians, at least compared with the old record industry middleman. Head of the recording industry trade group BPI Geoff Taylor says that video music consumption doubled, but revenue only rose by 0.5 per cent. Taylor contrasted this with a 70 per …
Andrew Orlowski, 06 May 2016
German battleship sinking at Scapa Flow

Defence bankrolls Oz Govt's infosec threat sharing strategy

Budget 2016 The Department of Defence will haemorrhage A$122.2 million and the National Innovation and Science Agenda A$38 million to implement the Federal Government's A$230 Cyber Security Strategy, budget papers reveal. The funding Strategy announced last month was welcomed by many in security circles and seated information security …
Darren Pauli, 04 May 2016
Cable maze image via Shutterstock

FCC floats new rules for data lines that bind America's networks

The FCC has put forward a new set of rules governing the data network connections that glue our modern lives together. The proposed red-tape sets out a framework for regulations on specialized business data lines that, for example, hook up ATM networks and wired lines between mobile phone towers. The FCC estimates that such …
Shaun Nichols, 29 Apr 2016
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Comcast Com-templates Com-trashing Com-crap Com-pact Com-caps

Comcast has decided that rather than slap a 300GB-a-month download cap on some of its broadband customers, it will instead give them a 1TB limit. The US cable kingpin says it has begun tests in trial markets in 12 US states that gives users an allowance of 1,000GB monthly. That's up from the 300GB cap it slapped on subscribers …
Shaun Nichols, 29 Apr 2016