Articles about Forecast

Array in a rack. Image via Shutterstock

Wikibon sticking to server SAN takeover idea

The August 2016 Wikibon report "Server SAN Readies for Enterprise and Cloud Domination" repeats the message of its Server SAN Research Project 2014 report, saying that "storage is moving inexorably from traditional storage arrays to Server SAN in a server rack." The report summary says the world-wide Server SAN market added $1 …
Chris Mellor, 05 Sep 2016

Cooky crumbles: Apple mulls yanking profits out of Europe and into US

Apple CEO Tim Cook may pull billions of dollars in profit out of Europe and bring them home to the US, less than a month after he vowed he wouldn't. In the aftermath of the massive €13 billion ($14.5 billion) back tax claim that the European Commission landed on the electronics giant and the Irish tax authorities, Cook has …
Kieren McCarthy, 01 Sep 2016

Tech Data swings and misses Wall Street moneymen's target

Tech Data's latest quarterly financials show a distributor wrestling with “weaker than expected” IT spending and trying to dip into “pockets of demand” across Europe and the Americas. The world’s second largest tech wholesaler filed turnover of $6.4bn for Q2 of fiscal year 2017 ended 31 July. This was down three per cent as …
Paul Kunert, 25 Aug 2016
scanners

My headset is reading my mind and talking behind my back

Something for the Weekend, Sir? It only takes a minute to capture a 3D model of my orifices. They tell me it’s the only way I can be sure of a tight fit. Perhaps I could order a hologram of my 3D orifices that I can hang on my living room wall. It would make a nice conversation piece for visitors to admire. "Isn’t it creepy how my orifices seem to follow …
Alistair Dabbs, 19 Aug 2016
Asus S1

Mobile malaise drags down Asus Q2 numbers

Asus has reported a double digit slide in net income for the fourth quarter, highlighting that even overtaking Apple in the computer sales stakes is no golden ticket to world domination. The netbooks and bikinis innovator turned in Q2 net revenues of $NT93.9bn (£2.3bn), a 5 per cent slip on the same period last year, results …
Joe Fay, 12 Aug 2016
Nuclear War

Revealed: How a weather forecast in 1967 stopped nuclear war

For the first time, retired US Air Force officers have published [PDF] an account of an incident on May 23, 1967 when a solar storm nearly fooled American high command into thinking that a Soviet nuclear attack was on the way. On that day, the US military nuclear command went into panic mode when signals from all three of the …
Iain Thomson, 10 Aug 2016
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Cray profits literally go up in smoke after electrical incident

Cray has revealed that its products' Q2 profits have literally gone up in smoke. The company this week announced second quarter revenue of US$100.2m, down from $186.2m in 2015's corresponding quarter. That dip meant the company incurred a loss of $13.1m compared to last year's $5.8m profit. Things aren't going to be much …
Simon Sharwood, 04 Aug 2016
Newsroom

Semiconductor $s to fall

Worldwide semiconductor spending is forecast to shrink by 0.7 per cent to $64.3bn, according to the data druids at Gartner. Economic instability, inventory excess, and crappy demand for PCs, tablets and mobile phones over the past three years have taken a toll on growth prospects. ® Newsroom
Paul Kunert, 21 Jul 2016
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Netflix and not chill

Netflix stock is in freefall after the streaming company fell well short of its own quarterly projections. The video service says that it added just 1.7 million new members in the second quarter of 2016 [PDF], down from 3.3 million additions in last year's quarter and far worse than its earlier projection of 2.5 million. …
Shaun Nichols, 19 Jul 2016

IaaS revenue to triple by 2020, to $43.6bn

Infrastructure as a service sold by public clouds will become a US$43.6 billion market by 2020, according to abacus-rattling firm IDC's new Worldwide Public Cloud Infrastructure as a Service Forecast, 2016-2020. In 2016 the firm expects infrastructure as a service (IaaS) hauled $12.6 billion through the door in 2015, meaning …
Simon Sharwood, 15 Jul 2016
Piggy bank, image via Shutterstock

Clouds will gather again after wispy Q1, says IDC

The cloud infrastructure market dipped in the first quarter of 2016, but analyst outfit IDC reckons the full-year result will be much brighter, with the segment slated to pass US$37 billion for the full year. IDC Cloud Infrastructure Forecast IDC's cloud infrastructure forecast for 2016 According to the Prognosticator's …

Gartner: Brexit cluster-fsck has ballsed up our spending forecast

Tech spending forecasters at Gartner are all in a tizzy – Brexit and currency fluctuations are both to blame. At the start of this year, the crystal ball stroker estimated the industry would grow 0.5 per cent in 2016, then flip flopped and reduced this prediction by a full percentage point to $3.49 trillion, blaming the …
Paul Kunert, 07 Jul 2016

EMC will hawk Dell's Nutanix-powered XC kit

Exclusive VCE president Chad Sakac has confirmed EMC will pick up Dell's Nutanix-powered XC hyper-converged system, even though EMC's own VxRail hyper-converged system sales are "on fire." VCE is EMC's Converged Platform Division, and – lest we forget – EMC is going to be gobbled up by Dell, which flogs Nutanix-powered XC gear. If that …
Chris Mellor, 07 Jul 2016
A man in panic

Got the Brexit fear? Keep calm and keep using AWS – Amazon UK boss

AWS Summit 2016 Amazon has urged customers to keep investing in cloud in the wake of British voters’ decision to leave the European Union. Gavin Jackson, AWS UK, Ireland and Europe managing director, said today that the best approach is to "keep calm and carry on". He was opening the AWS London Summit and tackled Brexit head on in front of 5, …
Gavin Clarke, 07 Jul 2016
Daisywheel with Courier font

WD expects good quarter

Western Digital Corp (WDC) expects revenues of $3.46bn in the just-closed quarter, instead of the forecast $3.35bn - $3.45bn range – $3.4bn at the mid-point. This is its fourth fiscal 2016 quarter and the first with SanDisk results included. CFO Olivier Leonetti is leaving on September 1, with chief strategy officer and EVP …
Chris Mellor, 07 Jul 2016
Brexit financial crash

Dell confirms price rise post Brexit vote as UK pound stumbles

Dell has blamed a Brexit-induced sterling meltdown for a double-digit price hike across its portfolio in the UK. As we revealed last week, the British pound has weakened to a 31-year low against the US dollar, making price rises inevitable. Today’s rate is 12.4 per cent lower than before the EU referendum. Channel partners …
Paul Kunert, 05 Jul 2016
Brexit financial crash

Post Brexit tech spending to rise like a lead balloon

Yet another analyst has delivering a damning forecast for tech spending following last week’s UK referendum decision to leave the European Union as major suppliers prepare staff for what could months of slowing sales. Channel-watcher Canalys projected local sales spending of $90bn to $100bn for the year before Brits voted to …
Paul Kunert, 28 Jun 2016
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BA 'offers' IT bods extra leave, flexible working - unpaid of course

British Airways bosses were this week told to ask staff to "volunteer" to take unpaid leave, as the sorry cost cutting saga enveloping British Airways rumbled on. This includes all BA employees, not just the fleet of techies working at the company, and is in addition to redundancies already confirmed in the last month. “As we …
Paul Kunert, 27 Jun 2016
Child in shock in front of computer. Photo by Shutterstock

Tech firms reel from Leave's Brexit win

BREXIT Tech firms are reeling at British voters’ decision to leave the single European market. Firms are rattled as Gartner has forecast that Britain’s tech buyers will now stop spending in 2016 and 2017, turning earlier growth numbers negative. Also of concern, hiring of EU workers, uncertainty over VAT levels and possible new …
Gavin Clarke, 24 Jun 2016

Gartner: Brexit to wipe $4.6bn off tech spending in Blighty

BREXIT Crystal ball strokers at Gartner have calculated Brexit will wipe $4.6bn off the value of tech spending in the UK this year, and the resulting Sterling currency volatility will force US vendors to hike prices. Gartner hit the emergency button this morning following the vote, and re-forecast earlier projections from 1.7 per …
Gavin Clarke, 24 Jun 2016

Clouds rain revenue on Adobe's business

Adobe's reported continued growth in its cloud subscriptions, but not enough to satisfy investors. Its Q2 2016 revenue rose 20.4 per cent year-on-year to US$1.4 billion on the back of Creative Cloud subscriptions: the digital media business piled on 26 per cent year-on-year to hit $943 million, with Creative Cloud chipping in …
Nigel Farage, leader of UKIP. Pic: Jennifer Jane Mills

All this Brexit talk derailed UK tech spending, right? That's a big fat NOPE

The monotonous EU referendum is having no detrimental affect on tech spending as reported by the UK’s largest distributors, official statistics seem to confirm. Despite the FUD emanating from both camps for months, and the noise getting even louder as Brits prepare to visit the voting booths, it seems all the fire-stoking has …
Paul Kunert, 21 Jun 2016
Slippery slope sign

PC market sinking even faster than first thought, thanks to Windows 10

The abacus-shufflers of analyst firm IDC have revised their 2016 PC sales forecasts downwards. The firm now says PC shipments “... are forecast to decline by 7.3% year over year”. That's “roughly two per cent below earlier projections as conditions have been weaker than expected.” The firm names “weak currencies, depressed …
Simon Sharwood, 10 Jun 2016
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Smartphone sales falling

Analyst house IDC has almost halved its forecast for worldwide sales of smartphones, and predicts that sales in Canada and Japan will actually fall this year. IDC had predicted 2016 would see smartphone sales rise by 5.7 per cent worldwide, but has now cut it to 3.1 per cent. Sales of Android devices are forecast to rise by 6. …
Iain Thomson, 03 Jun 2016

Q. What do you call a sales-growing letdown? A. Pure Storage

All-flash shipper Pure Storage delivered higher-than-expected revenue for its first fiscal 2017 quarter, but also had the first quarter-on-quarter revenue decline in its history since the IPO. Analysts thought it could have done better. Is this seasonality emerging for the first time or was there some other reason its turbo- …
Chris Mellor, 26 May 2016
HP CEO Meg Whitman

Whitman deletes another chapter in HP history as CSC and ES borg

Hewlett Packard Enterprise CEO Meg Whitman is dismantling another legacy bequeathed to her by a predecessor as she waves goodbye to Enterprise Services. The first lady of Palo Alto has already closed the chapter opened by one-time CEO Carly Fiorina who had signed off the buy of Compaq, only for HP's PC business to be ejected …
Paul Kunert, 26 May 2016
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NetApp posts $8m loss as its pivot continues. Feeling comfy, George?

In its fourth fiscal 2016 quarter NetApp revenues were $1.38bn instead of the $1.425bn predicted at the mid-point of its last forecast, and the company made an $8m loss – the second in George Kurian’s tenure as CEO. The revenues were down 10.4 per cent on a year ago and 0.4 per cent from the previous quarter. A year ago NetApp …
Chris Mellor, 26 May 2016
floppies

US nuke arsenal runs on 1970s IBM 'puter waving 8-inch floppies

A US Government Accounting Office (GAO) report has highlighted the parlous state of Uncle Sam's IT infrastructure. As an example, the computer used to coordinate America's nuclear forces is an IBM Series/1 that uses eight‑inch floppy disks capable of storing about 80KB of data each. Meanwhile, the Treasury Department is …
Iain Thomson, 25 May 2016
Tabby cat cuddles roll of one-hundred dollar bills. Photo by Shutterstock

Got $130,000 down the back of the sofa? Great. Grab an HP 3D printer

The first of HP Inc’s much-delayed (and cynics might say over-hyped 3D printer) is to hit the market “late” this year – launching into a crowded space with a challenger device the firm hopes will brighten its future. The Jet Fusion 3D 3200 will sell for $130,000 – add another $25,000 for services including post-processing …
Paul Kunert, 17 May 2016
4 arrows signs in arrow on wooden wall

Acer made less than £1m profits in Q1 as forex rates bit hard

Ailing Acer – one of the PC makers considered at risk of vendor consolidation – has made an inauspicious start to calendar year 2016 as sales and profits tumbled. The Taiwanese business today reported revenues of NT$56.32bn (£1.19bn) for the three months ended 31 March, down 17.1 per cent on the prior year’s stats. It didn’t …
Paul Kunert, 12 May 2016
Ireland and Great Britain map, image via Shutterstock

Sayonara, Brits! The Irish tech sector could benefit from Brexit

There appears to be a broad consensus that a Brexit would be bad for Ireland: that Ireland’s economy would be seriously affected if the UK decides to leave the EU on June 23. A report by Irish business lobby group Ibec has warned of “the far-reaching impact on Ireland if our nearest neighbour, key trading partner and close …
Billy MacInnes, 06 May 2016
Telstra pit by https://www.flickr.com/photos/newtown_grafitti/ cc. 20 attribution generic https://creativecommons.org/licenses/by/2.0/

Government tips last dollars into NBN

Australia's National Broadband Network (NBN) won't get anywhere near completion before direct government funding for the project dries up, the 2016 Budget reveals. It's even feasible that the government could throw its hands in the air and terminate the rollout, if the cost of doing so is less than the total cost of funding …
Happy business people celebrate. Photo by Shutterstock

There's never been a better time to be a product reseller... if you like pain

Tough times are here again for the on-premise infrastructure providers with Insight Enterprises the latest to report top line slippage. The global reseller filed sales of $1.17bn for calendar Q1, down four per cent year-on-year, as declines in European and Asia Pacific ops wiped out the slight progress made in North America. …
Paul Kunert, 29 Apr 2016
Small truck skids towards side of road as wheel comes loose. Photo by shutterstock

WD’s revenue wheels have fallen off. Profits are sinking, too

WD is experiencing global disk drive cooling as the slowing PC jetstream and flash El Nino jointly disrupt the HDD environment. But that's enough in the meteorological metaphor line. WD revenues fell 21 per cent year-on-year to $2.8bn in WD’s third fiscal 2016 quarter, which closed April 1. The quarter-on-quarter compare …
Chris Mellor, 29 Apr 2016
Symantec CEO Michael Brown

Symantec CEO Mike Brown ousted after nasty numbers

Symantec CEO Mike A. Brown will leave the company, after it today announced it will miss its projected Q4 2016 sales. Symantec has previously forecast sales of between US$885m and $915m. Advice released today suggested the actual result will be closer to $873m, a small but nasty miss. The company's tried to explain the miss ( …
Simon Sharwood, 29 Apr 2016

Smartphone growth? Not in Q1, says IDC

Prospects for handset-makers just got worse, with the smartphone market recording its worst quarterly growth ever. Remember how at the end of March, Gartner predicted a mere seven per cent smartphone growth for 2016, the first time the market hadn't managed double-digit growth? That forecast is starting to look like rose- …

Microsoft's Windows 10 nagware storms live TV weather forecast

Microsoft's relentless Windows 10 nagware has interrupted a live TV weather forecast, urging meteorologist Metinka Slater to upgrade. The operating system suddenly popped up a box on screen insisting the station's computer be upgraded to the latest version – while Slater was on air describing thunderstorms rolling through Iowa …
Chris Williams, 28 Apr 2016
TwitterIPO

Honestly though, Twitter can't do anything right

Microblogging platform Twitter has disappointed investors, missing Q1 2016 revenue and user growth forecasts. Its share price has fallen 13.5 per cent in after-hours trading today to $15.35. The San Francisco company's GAAP net loss of US$79.7m was considerably better than the first quarter 2015 loss of $162.4m (and also …
WD RE4 Enterprise disk drive

Trouble at t'spinning rust mill: Disk drive production is about to head south

+Comment A sea change is looming in the disk drive industry as drive spindle motor maker Nidec reduces its total disk drive demand number. Nidec is a Japanese company and has the largest market share of any such manufacturer. It foresees demand for about 400 million units in 2016, down 13 per cent from its previous October 2015 …
Chris Mellor, 26 Apr 2016
spy_eye_648

Sentinel launch on hold

Friday's planned launch of the Sentinel 1B earth-scanning satellite has been delayed. "Given the weather conditions currently observed above the Guiana Space Center – and the forecast for the moment of liftoff – Arianespace decided to interrupt the final countdown and not initiate launcher fueling operations," the European …
Iain Thomson, 22 Apr 2016
Scotty in the original Star Trek

Qualcomm channels Star Trek's Scotty as it faces a mobe chip wreck

Analysis Mobile chip designer Qualcomm typically channels Star Trek's Montgomery Scott, the chief engineer who under-promises to appear a miracle worker when he eventually delivers. The California-based biz follows the Scotty playbook by the letter. Just like the Enterprise's engineering guru would suck his teeth, cock his head, say it …
Chris Williams, 21 Apr 2016

Netflix's $1.81 billion Q1 disappoints markets

Netflix is pleased with its first quarter results, but has warned it will face headwinds in Q2. Its first quarter 2016 results (PDF) showed revenue at US$1.81 billion, strongly ahead of last year's $1.4 billion first quarter. That result fell short of the $1.97 billion analysts had expected, and its forecast of $1.96 billion …

US poised to unleash stadium-sized sandwich bag

NASA's long-duration super pressure balloon (SPB) mission looks to be set for launch tomorrow morning from Wanaka Airport, New Zealand, now that "forecast surface and low-level winds are aligned", as the space agency puts it. The SPB is made of "22 acres of polyethylene film – similar to a sandwich bag" and swells to a …
Lester Haines, 18 Apr 2016

Seagate revenue numbers rain on cloud after market misses

+Comment Seagate has issued an early warning that its third fy2016 quarter revenue will be off by $100m from its forecast of $2.7bn. The company expects to report revenue of approximately $2.6bn and non-GAAP gross margin of approximately 23 per cent, for the quarter which ended April 1 – no, this is not a late April Fool joke. The …
Chris Mellor, 15 Apr 2016
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Juniper bleeding data and money: slaps Band-Aids all over Junos OS and warns markets

Juniper's code reviewers have been hard at work, and have shipped a bunch of security bug-fixes. First up: the company has turned up a bunch of Junos OS privilege escalation vulnerabilities that need patching. As the advisory states, CVE-2016-1271 covers a set of CLI commands that can be exploited to get root access to the …
Bibliotecha Alexandrina

Bibliotheca Alexandrina buys a Huawei superdupercomputer

Egypt’s national library is buying a 118 teraflop supercomputer from Huawei capable of handling bioinformatics, data mining, physics simulation, weather forecast, drilling for oil and groundwater, and cloud computing – raising questions about what it will be used for. The Bibliotheca Alexandrina is a grandiose Egyptian state …
Chris Mellor, 11 Apr 2016
The_Enchanted_Garden

Wikibon goes big on Big Data

Comment Wikibon researchers have produced a trio of Big Data reports, so why have the Wikiboners got a hard-on for Big Data? They have looked at recent Big Data history and out to the 2016-2026 period, and think that Big Data use will explode, growing from $18.2bn in 2014 to $92.1bn – a 14.5 per cent CAGR (compound annual growth rate …
Chris Mellor, 08 Apr 2016
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Gartner: Why we had to dash tech cash splash

Tech spending stats look quite respectable for 2016, but only in certain product areas or geographies and only in a constant currency basis. Performing a classic flip-flop, Gartner today downgraded earlier forecasts by a whole percentage point, and told us it now expects customers to collectively find $3.49 trillion for new …
Paul Kunert, 07 Apr 2016
The lift-off of New Shepard

3D printers set for lift off? Yes, yes, yes... at some point in the future

3D printing is still perched on the edge of greatness, industry types insist, but sales are not yet matching the marketing bluster. The latest stats in the shipment stakes arrived on our desks today from the number-crunchers at Context - units sales went up 19 per cent year-on-year in Q4 to 73,012 machines. Some 96 per cent …
Paul Kunert, 05 Apr 2016

Gartner: RIP double-digit smartphone growth. 2016 has killed you

Remember the rapacious smartphone growth that turned once-troubled Apple into the world’s most valuable company? That’s over. Smartphone sales will grow seven per cent in 2016, to 1.5 billion units. It’s the first time sales of this once must-have piece of personal tech has grown by a mere single digit percentage, according …
Gavin Clarke, 31 Mar 2016