Articles about First Quarter

printer

HP Ink says ink sales are down but PC sales are up, up, up!

HP Inc has reported its first quarter results with a highlight being increased sales and revenue for PCs, but a dip for printer-related activities. The company offered the following graphical depiction of its quarter in its earnings presentation, and it explains the state of affairs better than we could do with prose. HP Inc …
Simon Sharwood, 23 Feb 2017
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NetApp confirms: SolidFire hyperconverged appliance is coming

+Comment NetApp met its revenue predictions for its third fiscal 2017 quarter and talked openly about a coming SolidFire-based hyperconverged product suited for scalable hybrid cloud and mixed workload enterprise deployments. NetApp's revenues were $1.4bn, an increase of 5 per cent sequentially and 1 per cent year-over-year, pretty …
Chris Mellor, 16 Feb 2017
First XC40, photo: Met Office

OK, 2016 wasn't the best, but look for a buyer? That's Cray

+Comment A poor year for Cray was rescued by its fourth 2017 quarter’s results. Q4 2016 Q4 2015 Change Full 2016 Year Full 2015 Year Change Revenues $346,600,000 $267,500,000 29.6% $629,800,000 $724,700,000 13.1% $51,800,000 $20,300,000 155.2% $10,600,000 $27,500,000 61.5% Full 2016 year revenues went down 13 per cent …
Chris Mellor, 09 Feb 2017

As the world quakes over Trump, CGI has dollar signs in its eyes

While most of the world looks on in despair at Trump, Canadian outsourcer CGI is rubbing its hands together at the prospect of some lovely new business. In its first-quarter results, the outsourcing giant said it stands to benefit from increased spend in defence, government, intelligence and tax reform. That is despite it …
Kat Hall, 02 Feb 2017
Tired football kid. Photo by Matt Ragen/Shutterstock

In China, Apple's gegenpress doesn't scare the locals

Analysis Apple’s main job in earnings conferences is to remind us that there’s more to the world’s most valuable company than the iPhone – while persuading us that the iPhone is doing really jolly well. The iPhone generates almost two-thirds of Apple’s wealth. The latter task was easily accomplished yesterday, as this was the first …
Andrew Orlowski, 01 Feb 2017
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Digital Transformation Agency deletes links to GovShare project, says it's still alive

The Australian government's Digital Transformation Agency says one of its signal projects, GovShare, is just fine – but nobody's told the developers that are quietly shovelling dirt onto its coffin. The GovShare site still exists, but hasn't seen any new content posted since 2015, which makes it look an awful lot like an …
Optane

Flashy Intel sees the XPoint of solid state

Intel made $816m from flash memory products in the final 2016 quarter and sees XPoint contributing 10 per cent of revenues in 2018. This is minuscule compared to the Intel’s $16.4bn revenues for the quarter but a sizeable chunk of change in the flash business. Its Non-Volatile Memory Solutions Group saw revenues up 25 per cent …
Chris Mellor, 30 Jan 2017
Satya Nadella

Microsoft's Q2: LinkedIn In, Mobile out, Azure up, Xbox down

Microsoft is crediting growth in its cloud services with helping it to top expectations for the quarter. For Redmond's 2017 Q2, the returns were mostly strong, though enterprise services and Xbox sales were down: Revenues of $24.1bn were up 1 per cent from Q2 2015. Net income of $5.2bn was up 5 per cent on the year-ago …
Shaun Nichols, 27 Jan 2017

WD Corp picks teeth after SanDisk dinner, seems pleased with fuller figure

+Comment Western Digital Corp, still digesting SanDisk, is selling more disk drives than arch-rival Seagate and appears to be doing a booming flash business as well, for now. Second quarter revenues totalled $4.9bn, 48 per cent up on a year ago - but then WDC did buy SanDisk and its flash business in between, and 4 per cent up …
Chris Mellor, 26 Jan 2017
Samsung 850 EVO 1TB SSD

Samsung Electronics is on fire! In a good way as profits leap

Samsung Electronics, the Chaebol's business that encompasses smartphones, monitors, memory and more, has reported a bumper fourth quarter despite its phlaming phablet fiasco. The company today reported 53.33 trillion Korean Won (US$45.5bn) in consolidated revenue and 9.22 trillion Won ($7.93bn) in operating profit for the …
Simon Sharwood, 24 Jan 2017

Jersey Telecom wheels out LoRa IoT network, says it's 'not ruling out' other techs

Interview Jersey Telecom recently rolled out a LoRa network covering the entire island. The telco’s wholesale director, Tom Noel, spoke to The Register to elaborate a little on what it hopes to achieve. The Tier One telco, based on the eponymous Channel Island, prefers to be known as JT. It has a surprisingly large global footprint, …
Gareth Corfield, 18 Jan 2017
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Citrix buys Unidesk for massive Microsoft Windows rollouts

Citrix is updating its decades-old relationship with Microsoft, targeting Windows 10 and the cloud. The company has announced its acquisition of Unidesk – founded in 2007 and inventor of what it calls layering - to streamline corporate rollouts of virtual Windows applications at scale. Layering is a container that wraps up …
Gavin Clarke, 10 Jan 2017
Are you being served?

NAND, fab-ulous NAND, price rises make DRAM a cash cow

Happy days for Micron, it seems. Its first fiscal 2017 quarter results were lifted by high demand and price rises driven by supply constraints. The market wanted more DRAM and NAND bits than the firm's fabs could ship and DRAM prices went up. Revenues of $3.97bn were 18.5 per cent higher than a year ago and 23 per cent upon …
Chris Mellor, 22 Dec 2016
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Nutanix makes thundering great loss, stock market hardly blinks

A thundering great loss: that’s the first thing to notice about Nutanix’s latest quarterly results. It’s more than three times worse than the loss of the previous quarter: $162.2m vs $49.9m and the year-ago quarter’s $38.5m loss; sales grew only 19 per cent sequentially so the rate of loss-making would seem to have accelerated …
Chris Mellor, 30 Nov 2016
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We wanna give IoT folk kilobit data rates, beam NB-IoT telcos

MBBF2016 Mobile operators are quite comfortable with NarrowBand Internet of Things and hope it will funnel more and more IoT customers into their arms – but not all of them understand the market, it seems. Speaking at last week's Huawei Mobile Broadband Forum, the GSMA's Graham Trickey, the mobile talking shop's "head of connected …
Gareth Corfield, 28 Nov 2016

Talend CEO: Profit? We're a few years off... But we're cash-flow positive

Interview Founded in France in 2005, Talend made its initial public offering on the NASDAQ in July, listing as a French company although it's now headquartered in Redwood City, south of San Francisco. It was only the fifth technology IPO of the year, raising questions as to how fruitful the listing might be. But Talend raised $94m, and …
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Brocade's sales growth outpaced by costs, ahead of Broadcom buyout

Ahead of its acquisition by Broadcom, Brocade has turned in another quarter of growing revenue but slumping net income. Revenue for the quarter was up 12 per cent year-on-year to US$675 million, and the company's full year 2016 result at $2.35 billion was 4 per cent better than 2015. Fourth quarter profit was $66 million ( …
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Has Linux got OpenStack licked? The Vanilla 'Plus' strategy

No man is an island, nor is OpenStack removed from the fates of two of its – until recently – best-known names. Hewlett-Packard Enterprise was once the largest single contributor to OpenStack. Now, HPE is getting rid of its OpenStack engineers as it turns over responsibility for its OpenStack work to MicroFocus under a deal …
Gavin Clarke, 17 Nov 2016
Trotter's Independent Trading Co.

Samsung flings $8bn at buyout of connected car biz Harman

Samsung is splashing out $8bn on buying US connected car tech firm Harman Industries, it announced this morning. The deal is for $112 in cash per share, a premium of just over a quarter on Harman’s closing share price at the end of last week. In its first quarter of fiscal year 2017 Harman sold $1.8bn worth of its “connected …
Gareth Corfield, 14 Nov 2016

Race for wireless VR headset heats up

The race is heating up for a wireless virtual reality headset with HTC announcing a $220 add-on to its Vive system that will allow you to unplug from your PC. The "Tether-less VR upgrade kit" attaches to the existing Vive headset and comprises a wireless transmitter and receiver that sits on top of the head strap and a battery …
Kieren McCarthy, 12 Nov 2016
NBN Logo

nbn™ aces the easiest construction target it will have for two years

nbn™, the organisation building and operating Australia's National Broadband Network, has emitted new canned statements to describe its progress that, as always, have a slightly soviet feel to them because as always everything's going just fine. The company says it hit all targets and therefore “demonstrated continuing …
Simon Sharwood, 08 Nov 2016
K2s

Kaminario's K2 mountain is about to be uplifted

+Comment Kaminario is building its K2 all-flash array mountain higher in scale, performance and price/performance terms and adding dynamic composability. It sees problems with software-defined, hyper-converged systems and traditional array-based products because they can't meet the needs of customers that are getting "SaaSified," in …
Chris Mellor, 07 Nov 2016

Microsoft's chaps slap Slack chat brats with yackety-yak app

Microsoft has created Teams, an Office 365 chat app that is a direct competitor to Slack in the messaging sphere. Teams sits on top of Office 365 Business and Enterprise editions and allows users to create private or public online chat groups, communicate via Skype for videoconferencing, and link in Office apps and third-party …
Iain Thomson, 02 Nov 2016
editorial only image of Whitehall. Pic Daniel Gale/Shutterstock

Home Office extends mega 18-year Fujitsu contract

The Home Office has extended its mega Fujitsu contract to 2018, meaning that when the contract ends it will have been running for the best part of two decades. That is in contrast to the Cabinet Office's long-standing goal to get government departments to break up their expensive legacy contracts with single suppliers. The …
Kat Hall, 27 Oct 2016

ARM: Hold my beer, we'll install patches for your crappy IoT gear for you

ARM TechCon Processor designer ARM will squirt security fixes directly into internet-connected gadgets to hopefully keep them defended from hackers. Manufacturers of Internet-of-Things gizmos and other embedded products have complained that updating gear in the field is too much hard work. That means devices are rarely patched when …
Chris Williams, 25 Oct 2016
Satya Nadella

Microsoft kinda did OK this quarter – but whatever, Wall Street loves Satya Nadella

Microsoft's first-quarter results for its 2017 fiscal year reveal a four per cent year-on-year fall in profit and 10 per cent dive in operating income. Just before the quarterly results were announced, Microsoft's stock was down about half a per cent to $57.25 a share. Then when the figures landed, and despite the fall in …
Iain Thomson, 21 Oct 2016
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Lenovo be Nimble, Lenovo be quick, inks deal to take on Dell EMC kit

Lenovo, which has huge ambitions in the storage market, has sealed a partnership deal with Nimble and will be selling Nimble's all-flash array and using its predictive analytics. Nimble Storage was one of the original trio of hybrid storage array vendors that emerged a few years ago - the others being Tegile and Tintri. It …
Chris Mellor, 17 Oct 2016
Credit: Richard Reininger / Next Thing Co

Pocket C.H.I.P. makers go Pro with cloud-linked ARM-flexing module for IoT gizmo builders

Pics The team behind the popular $9 C.H.I.P. single-board-computer has come up with a version for engineers, startups, and larger organizations to embed in their products. Essentially, if you're an aspiring gadget maker and you want to stick a small Linux-flavored computer into your thing and sell it, the C.H.I.P. Pro aims to be …
Chris Williams, 11 Oct 2016

Apple puts on its grey suit: Firm, 40, keen to meet corporate types

Apple and consulting firm Deloitte are teaming up to help organisations with their business transformation efforts through the use of Apple devices. The move is just the latest sign that Cupertino is feeling the need to get more serious about the business market than in the past. We wonder why... Apple’s latest foray into the …
Dan Robinson, 29 Sep 2016
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Oracle's Coach Larry needs Microsoft plays to beat Amazon

Analysis SAP. Crack! IBM. Snap! Salesforce. Bang! Workday, I can see you - come over here... In the locker room that is Oracle’s quarterly conference calls with Wall Street, somebody’s ass is always on the receiving end of a sharp thwack from the towel of head coach Larry Ellison. Ellison has zinged his verbal towel off many a noble …
Gavin Clarke, 29 Sep 2016
iPhone 7 Plus

Analyst: iPhone 7 points to price jump

Apple may have dampened down expectations when it released the last set of quarterly financial figures, and predicted revenues down again year-on-year for the current quarter, but at least one analyst disagrees. Ton Sacconaghi, Wall Street analyst at Bernstein, predicts Apple shares moving up to $125 based on his calculations …
John Oates, 28 Sep 2016
editorial only image of Whitehall. Pic Daniel Gale/Shutterstock

UK.gov is doing sod all to break £20bn of locked-in IT contracts

Analysis If IT wasn't perceived to be such a boring topic by Joe Public, the amount the government still spends on expensive clunky technology would be viewed as a national scandal. Across the entire public sector the annual figure has been pegged at around £20bn. No one knows for sure. As long as Whitehall's money is locked into …
Kat Hall, 28 Sep 2016
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Violin hunts for elusive key to regrowth

Analysis The elusive hunt for renewal and regrowth at Violin Memory has moved into a new phase – with a product launch holding up sales, sales leadership change, and the CEO focusing on finding funding for the future. Violin has cleverly managed to avoid falling off a cliff despite falling sales revenues and investor despair. It …
Chris Mellor, 26 Sep 2016

Cisco preps the P45s for 500 unlucky UK staffers

Cisco's UK staffers are beginning to feel the cold, sharp edge of the networking borg's axe, with up to 500 souls put at risk of redundancy across its entire local operation, multiple sources have confirmed to The Register. Switchzilla had said in August that a total of 5,500 global employees would be chopped this year, …
Kat Hall, 23 Sep 2016
Cloudy shopping trolley in the sky (representing cloud sales/procurement). Photo by Shutterstock

Microsoft cuts ribbon on Euro cloud bit barn for Office 365, Azure

Microsoft has started to serve up Azure services from a new cloud region in Germany – operated under the supervision of a data trustee – to pitch for European punters with concerns about security and data sovereignty. Redmond's plans for expanding its cloud footprint were confirmed last year by CEO Satya Nadella, and included …
Paul Kunert, 21 Sep 2016
Mark Hurd OpenWorld

Lack of Hurd mentality at Oracle OpenWorld: Co-CEO's cloud claims fall flat live on stage

OpenWorld Once again, Oracle's co-CEO Mark Hurd was in a prognosticative mood during his OpenWorld keynote, but the crowd of attendees wasn't buying it. As he did last year, Hurd made some predictions as to where the industry was going on cloud computing by the year 2025, including that two companies would control 80 per cent of the …
Iain Thomson, 19 Sep 2016
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Fujitsu's billion-dollar ARM supercomputer delayed by up to 2 years

Fujitsu's monster ARM-powered supercomputer, the Post-K, will miss its 2020 deadline. The $910m project has stalled because its engineers need more time to design, test and perfect the machine's processors, we can confirm. Fujitsu was hired by Japan's boffinry nerve-center RIKEN to produce a roughly 1,000 peta-FLOPS …
Chris Williams, 07 Sep 2016
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IBM swings axe through staff, humming contently about cloud and AI

More IBM staffers found out they are losing their jobs this week in another wave of layoffs at the IT giant. According to insiders, workers in IBM's Business Transformations Organization, Systems Group, Global Technology Services, Global Business Services, Technology Support Services, and Storage Presales were told on …
Chris Williams, 01 Sep 2016
Dead battery

Microsoft releases firmware fix for faulty Surface Pro 3 batteries

Frustrated Surface Pro 3 customers unable to properly charge their batteries have been offered a fix by Microsoft. Last month Microsoft 'fessed up to its battery woes, saying they were down to software problems rather than a hardware fault. Some Surface Pro 3 devices have been working as long as the power is plugged in, but …
Kat Hall, 30 Aug 2016

Microsoft Outlook.com redecoration delay rumors: THE TRUTH

Microsoft says its renovation work on the Outlook.com cloud email service is virtually complete although a few folks are still waiting to see the changes. Its rollout will not be delayed until 2017 as had been feared, however. This comes after word and reports spread of an error message claiming the updated service was not …
Shaun Nichols, 30 Aug 2016

Pure Storage notches up a 93 per cent growth rate. Not bad, not bad

Pure Storage grew revenues 93 per per cent year-on-year in its second fiscal 2017 quarter to a record $163.2m, achieving an annual run rate of $650m; the billion looks attainable. NetApp's all-flash array run rate is about $775m while EMC's is a past a billion dollars. The net loss was $59.6m, $4.2m less than a year ago and $3 …
Chris Mellor, 26 Aug 2016

Pow! Right in the Jawbone: Fitbit cleared in tech ripoff legal ordeal

An effort to ban health-tracking Fitbit gadgets in the United States has fallen apart, with a final decision against competitor Jawbone. Jawbone made two complaints to the US International Trade Commission (ITC) last year, one claiming that Fitbit has infringed its patents and a second that it stole trade secrets. If …
Kieren McCarthy, 24 Aug 2016
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Microsoft, Lenovo cross-licensing love-in: Android mobes knocked up with... Office apps

Lenovo’s signed a second patent licensing agreement with Microsoft, loading Redmond’s productivity software on its Android devices. Microsoft Office, OneDrive and Skype will come pre-installed on unspecified Lenovo devices packing Google's Android. Lenovo expects to ship “millions” of Android devices over “the next several …
Gavin Clarke, 23 Aug 2016
UK border control at Heathrow. Photo by 1000 words/Shutterstock editorial use only

Paper mountain, hidden Brexit: How'd you say immigration control would work?

At some point in the next few years we will be in a post-Brexit world, and the UK will have regained complete control of its borders. Or maybe not. At this juncture, it's worth taking a long hard look at how that might work. Spoiler: it won't. And that's because of two things, law and logistics. Those immediately affected by …
John Lettice, 22 Aug 2016

The calm before the storm: AMD's Zen bears down on Intel CPUs

AMD is continuing to drip feed information about Zen, its long-awaited designed-from-scratch x86 processor microarchitecture. Zen is a big deal, or rather needs to be a big deal, for AMD because its previous Bulldozer microarchitecture was, well, bulldozed by Intel's Core series. Thus, AMD needs Zen to succeed in order to win …
Chris Williams, 18 Aug 2016
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'Disciplined' NetApp cuts weight, turns in a prettier spreadsheet

NetApp revenues dropped 3.7 per cent year-on-year to $1.29bn for its first fiscal 2017 quarter, ended July 29, but it turned a year-ago loss of $30m into a $64m profit as it reined in expenses. CEO George Kurian referred to this in his prepared quote: "We are pleased with our first quarter results. Our focus on disciplined …
Chris Mellor, 18 Aug 2016

Cisco axes up to 5,500 workers in scramble to remain relevant

Cisco will lay off up to 5,500 staff, or seven per cent of its worldwide workforce, from this month – the start of its 2017 financial year. That's someway off earlier rumors of 9,000 to 14,000 redundancies, which would be about a fifth of the networking Borg's global headcount. For what it's worth, Cisco usually trims its …
Chris Williams, 17 Aug 2016
 French bulldog puppy wears plastic devil horns and cute expression. Photo by Shutterstock

Vodafone: Dear customers. We're sorry we killed your Demon

Vodafone is withdrawing its free legacy Demon email service and is giving customers the choice of either moving their addresses to another, paid-for service or losing them altogether. The operator has struck a deal with NamesCo that allows customers to transfer their accounts for £30 per year. Previously the legacy Demon …
Kat Hall, 16 Aug 2016
Tim Cook, photo2 by JStone via Shutterstock

Tim Cook's answer to crashing iPhone sales: More iPhones

Apple’s plan to tackle the great iPhone sales slump is for it to produce, yes, more iPhones. CEO Tim Cook, in a scripted Q&A with the Washington Post, dismissed the six-month drop-off in sales of iPhones – and slowing smartphone sales in general. Apple is now expected to release the iPhone 7 in September. Cook reckons …
Gavin Clarke, 15 Aug 2016
Sprint

Pivot3 positions itself for possible IPO

Is an IPO being planned? Hyper-converged system supplier Pivot3 says it had record growth in the first half of 2016, with a 103 per cent revenue increase and more than 400 new customers, and has hired a new CFO. Bill Stover has been appointed Pivot3's finance head. Mike Dansby was the prior CFO, serving from June 2014 to July …
Chris Mellor, 13 Aug 2016