Articles about Fortunes

Samsung Galaxy Note Android tablet and phone

Samsung's flagging phone fortunes hit profits hard

Samsung has promised to shake up its smartphone line-up to try to win back some of the ground it has lost in the sector, after it revealed that its third-quarter operating profit was the lowest in more than three years. Sammy’s operating profit was 4.1 trillion won ($3.9bn), while net profit was 4.2 trillion won. In the same …
woman binoculars photo via Shutterstock

Windows 10 blamed (partly) for stalled PC sales recovery

The recovery in PC sales has been postponed until 2017 – and Microsoft and Windows 10 are partly to blame. Worldwide PC shipments will now fall by 8.7 per cent by the end of the year and growth won’t return for another two years, the IDC said. The number cruncher had expected that the arrival of Windows 10 in July would …
Gavin Clarke, 27 Aug 2015
management cio1

Avnet TS names vet Zammit as global el presidente

Patrick Zammit, the latest exec to grab global control of Avnet Technology Solutions (ATS), will be close at hand from his Brussels base to mastermind a sustained growth plan in EMEA, something that continues to elude the firm. A former senior auditor at Arthur Anderson - like many beanies now working in the channel - Zammit …
Paul Kunert, 06 Jan 2015
box_shifting_channel

How many Win 10 PCs were in distribution the week before launch?

In the week leading up to the launch of Windows 10 there were zero PCs pre-installed with the new operating system sat in a warehouse awaiting a new home. Not one. For past releases of Microsoft OSs at least 20 per cent of computers at wholesalers came loaded with the software, but times have changed. Context Research – which …
Paul Kunert, 06 Aug 2015
Great Wall of China

China tosses New York Times into shredder in family fortunes row

China’s censors have blocked the New York Times website after the paper ran a story alleging relatives of outgoing prime minister Wen Jiabao amassed a $2.7bn fortune. The article, which became unavailable in the country just hours after publication, claimed members of Wen's family benefited from regulatory and government …
Phil Muncaster, 29 Oct 2012
Android icon desktop toys

BITE that APPLE if you want to escape the Android garden, Microsoft

Analysis Microsoft has made Office on Android available on tablets at the exact moment its fortunes with Apple and Samsung are in flux. If Redmond's going to win, it needs to bet on Apple. Redmond removed the preview label from Office for Android apps on Thursday, making Word, Excel, PowerPoint and OneNote available from Google’s Play …
Gavin Clarke, 29 Jan 2015
Example of tidy cabling

Cloud market spins up a cyclone of sales

Happy days, hardware-sellers, box-peering-abacus-wielder IDC says sales of cloudy kit surged by a whopping 25 per cent in 2015's first quarter. The analyst outfit's Worldwide Quarterly Cloud IT Infrastructure Tracker found that sales of infrastructure-grade servers, storage and ethernet switches grew by 25.1% year over year to …
Simon Sharwood, 03 Jul 2015
Russia

Russia's Putin IT spend in reverse gear, fast

When the first dotcom bubble popped, the likes of EMC, Sun and Oracle didn't panic that the days of easy greenfield sales were over because the then-burgeoning economies of eastern Europe gave them new greenfields in which to romp. Russia, in particular, modernised quickly and became a decent-sized market for enterprise IT. But …
Simon Sharwood, 20 Mar 2015

HP slaps dress code on R&D geeks: Bin that T-shirt, put on this tie

Exclusive Troubled HP has hit upon what it thinks is a terrific idea to revive its fortunes: tell techies to leave their T-shirts and shorts at home and obey the corporate "smart casual" dress code instead. Some R&D teams within HP Enterprise Services were sent a confidential memo this week reminding them to follow the IT giant's rules …
Chris Williams, 24 Jul 2015

What exchange rate blues? Our storage revs have grown – HP

Comment Despite lousy dollar exchange rates, HP storage revenues are climbing – unlike those of NetApp, which fingered those same exchange rates as the cause of its woes. In its first fiscal 2015 quarter HP’s revenue was $26.84bn, down 5 per cent on an annual compare, with net income of $1.37bn, down 4 per cent from a year ago. So far, …
Chris Mellor, 25 Feb 2015

Is this what Windows XP's death throes look like?

It's the first of the month (US time), so off we go to Netmarketshare and Statcounter to see what operating systems are getting a run on the world's desktop computers. Our long series of stories on the two analysts' output has shown, time and again, that Windows XP is just-about-unkillable. Despite Microsoft ceasing support, the …
Simon Sharwood, 02 Apr 2015
Smartphones

HTC execs: Oh dear, did we say we'd sell lots of smartphones? Our bad

The bottom appears to have dropped out of HTC smartphone sales, leaving the Taiwanese firm forced to revise its second-quarter earnings guidance downward by nearly 30 per cent. Just over a month ago, HTC said it expected to see revenue of between NT$46bn and NT$51bn New Taiwanese dollars ($1.49bn to $1.66bn in US dollars) in the …
Neil McAllister, 05 Jun 2015
row-boats

Cloudian says yes please to object-happy S3 storage

Comment Cloudian, an object storage startup, says that, with its integral S3 support, as the enterprise IT world adopts S3 its fortunes will benefit from that adoption. A rising S3 tide will lift its boat. The dominant object storage access protocol will be S3 because it's openly available and not proprietary. So says Cloudian's w-w …
Chris Mellor, 17 Jul 2015

Mummy, what's the point of Evgeny Morozov's tedious columns?

Worstall on Wednesday I often find myself mystified by Evgeny Morozov and his writings. I find it terribly difficult to work out what he's actually for, or what worldview it is that he thinks he's propagating. Unless, of course, it's just to piss off the libertarians or perhaps to show us how clever a Morozov can be in uncovering the feet of clay of …
Tim Worstall, 04 Mar 2015

We told you so! Daisy Group slurps up Damovo UK

Daisy Group has confirmed what our readers already knew – it has wolfed down unified comms specialist Damovo UK in its first deal since going private again less than a fortnight ago. West Sussex-based Microsoft and Cisco Gold badge holder Damovo is the former enterprise sales and services division of Ericsson. “With strong …
Paul Kunert, 02 Feb 2015

Light the lanterns people, Acer made a profit in 2014

A recovery of sorts is taking place at Acer with calendar 2014 P&L accounts returning to the black in a meaningful way, bringing closure to three consecutive years of losses. The latest CEO Jason Chen is steadying operations, and more conservative sales forecasts are also paying off, as Acer wasn’t forced to write down stock, …
Paul Kunert, 26 Mar 2015

Cisco targets India with new investment

In a move interpreted as an endorsement of the new Indian government headed by reformer, and digital service delivery believer, Narendra Modi, Cisco wants to turn around its fortunes in India, and is reportedly putting US$1.7 billion on the table as part of its strategy. The Economic Times reports the commitment, which The Borg …
A US Army M1A1 Abrams tank heads out on a mission from Forward Operating Base MacKenzie in Iraq on October 27, 2004

US military CANCELS US$1.6 BEEELLION VMware deal

VMware's long-hoped for US$1.6bn, five-year deal with the US military has foundered, after the Defence Information Security Agency (DISA) cancelled its request for proposal "to further analyze the Government's needs." The cancellation was revealed last week in a new amendment to the RFP (PDF) The planned five-year deal between …
Simon Sharwood, 17 Mar 2015
Apple a day  by Robert Holf https://www.flickr.com/photos/robbertholf/ CC 2.0 attribution https://creativecommons.org/licenses/by/2.0/

Samsung back on top of smartmobe market

Samsung's sales may be sliding nastily, but box-counter IDC says the company is back on top of the world when it comes to smartphone shipments. The firm's Worldwide Quarterly Mobile Phone Tracker for 2015's first quarter found 336.5 million smartphones shipped, worldwide. That's “ up 16.7% from the 288.5 million units in 1Q14 …
Simon Sharwood, 01 May 2015
Genie

Will fondleslab's fickle finger of fate help Windows 10?

Just two and half years ago Microsoft dropped Windows 8 on the world, playing Redmond’s card in the touch-tablet game against Apple’s iPad and Google’s Android. Windows 8 was remarkable for three reasons: the touch-inspired Metro interface, the fact Microsoft built its own-branded tablet running Windows, and it put Windows on …
Gavin Clarke, 21 Jan 2015
Pikmin 3

Pikmin to the rescue: Can Nintendo revamp revive Wii U fortunes?

Game Theory With the heatwave apparently set to give way to stormy weather, it might be about time to batten down the hatches and get comfy with a new game. This week we’re off for a walk in the forest with Pikmin 3, tracking down a master thief in The Raven and getting overwhelmed by choice in Valve’s Dota 2. Pikmin 3 The Wii U’s version …
Mike Plant, 24 Jul 2013
Dial before you dig

Telstra CEO David Thodey retires

The CEO of Australia's dominant telco, Telstra, will step down in May. David Thodey's spent six years in the carrier's big chair, but has "announced his retirement" according to Telstra's canned statement on the matter. That statement also points out that Telstra's market cap and share price have just about doubled during …
Simon Sharwood, 19 Feb 2015
BlackBerry Passport

Vodafone to stock BlackBerry Passport – on sale tomorrow

The new, interesting and really rather good Blackberry Passport will soon be available to Brits on Vodafone. That is to say “will” rather than “is” as Vodafone isn’t taking pre-orders for the device, which will go on sale tomorrow, and there is currently no pricing information. Two attempts to order an upgrade – online and over …
Simon Rockman, 30 Sep 2014
USA, Canada - which one is which?

Vulturization: 'Privacy' is fightin' words to cloud touters – they get angry

Podcast The Register today starts a new podcast series Vulturization, hosted by yours truly. We're honoured to have as our first guests on the show Cloud A, a Canadian OpenStack cloud provider. We explore what it's like to be a cloud provider in Canada, whether the NSA's rather liberal attitude to individual privacy has been a boost to …
Trevor Pott, 23 Jun 2014
Nokia Black Lumia Windows Phone Update

Windows Phone bumping along the bottom

Microsoft has revealed a new batch of data about Windows Phone's fortunes, and it seems Redmond's mobile efforts are doing best at the low end of the market. The good news is that Windows Phone 8.1 is now accounting for 65 per cent of Windows Phone app downloads, with Windows Phone 7 at under five per cent. The most popular …
Simon Sharwood, 24 Dec 2014
'Broken Copyright' StockMonkeys.com

Open source Copyright Hub unveiled with '90+ projects' in the pipeline

The web has grown up without letting people own and control their own stuff, but a British-backed initiative might change all that, offering a glimpse of how the internet can work in the future. Their work will all be open sourced early next year. Britain's much-anticipated Copyright Hub was given ministerial blessing when it …
Andrew Orlowski, 31 Jul 2015
management social5

Deckchairs shifted aboard tech liner HP's services biz

An EMEA-wide overhaul dreamed up by HP execs to lift the fortunes of the Enterprise Services division — and cut out costs — will be implemented in time for the fiscal New Year starting next month. Under the new-look biz, ES has consolidated from nine sub-regions into four ‘super’ clusters including North (Benelux and Nordics), …
Paul Kunert, 16 Oct 2014
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

FCC to smack Sprint with $105m fine over 'cramming' – report

US mobile carrier Sprint should expect a hefty fine from the Federal Communications Commission for overbilling its customers, say sources with knowledge of the agency's plans. As first reported by the National Review, the FCC is preparing to vote on action to be taken against Sprint over its role in "cramming" – the practice of …
Neil McAllister, 17 Dec 2014
By Henrik Ishihara licensed under Creative Commons Attribution-Share Alike 3.0 Unported license.

Pinning a value on big tech's top names. Not as easy as it looks

Does the efficient markets hypothesis (EMH among friends) have any value when looking at tech companies in the enterprise and data centre world? EMH does not mean markets are the efficient way of doing things. There is no implication at all that healthcare, scientific research or the military should be delivered by market …
Tim Worstall, 11 May 2015
Fairphone logo

Not even 60,000 of you want an ethically-sourced smartphone

Fairphone, the social enterprise that makes an Android smartphone built of raw materials sourced from conflict-free mines and built in exploitation-free factories, plans to make an even fairer phone in 2015. But the outfit has also revealed it has not yet managed to sell all of the 60,000 phones it has built to date. Founder and …
Simon Sharwood, 06 Nov 2014
HP execs Mike Nefkens, Antonio Neri, and Robert Youngjohns

Life after HP cracks off into two: Execs spill the beans – tiny little beans

HP Discover The theme of the opening keynote at the HP Discover conference on Tuesday was "Winning in the New Style of Business," but what the audience in Las Vegas really wanted to know was whether HP can really win by splitting into two companies. That transition is expected to complete by the beginning of HP's fiscal 2016, which starts …
Neil McAllister, 03 Jun 2015
Amazon CEO Jeff Bezos

Amazon, flush with cash, says it will let you peek inside AWS' pants

Amazon left smiles on investors' faces on Thursday following a fourth-quarter earnings report that trounced analysts' estimates. While Wall Street was expecting to see earnings of $0.17 per diluted share, the actual figure came in at $0.45 per share – which, while not as good as the $0.51 per share that Amazon earned in the …
Neil McAllister, 30 Jan 2015

BMC Software flings patent sueball at ServiceNow

Newly private BMC Software is taking ServiceNow to court, claiming its up-and-coming enterprise help-desk rival trampled over its sacred patents. BMC has accused ServiceNow of violating seven of its patents (5,978,594, 6,816,898, 6,895,586, 7,062,683, 7,617,073, 8,646,093 and 8,674,992), spanning incident management, performance …
Gavin Clarke, 24 Sep 2014

SatNad's purple haze could see Lumia 'killed'. Way to go, chief!

Microsoft's CEO has attempted to explain the future of its mobile platform in a latest public statement addressed to staff. But, this being Satya Nadella, such is the verbal haze that it's hard to make out what on Earth's going on. Nadella's language is becoming a real problem for Microsoft, creating uncertainty where clarity …
Andrew Orlowski, 09 Jul 2015
Beautiful landscape picture of Kenya, with a man cycling past an acacia tree against a yellow sandy background

Kenyan court case could sound death knell for mobile money

Comment Kenya is pretty much the only place where mobile money works. Now, it seems, the banks want to wreck it. Vodafone-owned mobe operator Safaricom runs M-Pesa, the poster child for mobile payments. It has revolutionised the lives of people who were so poor that the banks were not interested in serving them. However, having become …
Simon Rockman, 29 Sep 2014
Angry Birds

Angry Birds CEO hops into slingshot, goes 'WEEEEE!'

The CEO of the company behind mobile gaming hit Angry Birds has announced his intention to leave the gaming firm. Rovio Entertainment said that Mikael Hed, long time business leader of the Finnish games firm that made flinging wildfowl a global craze, would be stepping down from the company on New Year's Day. His replacement …
Shaun Nichols, 29 Aug 2014
Terry Myerson, exec veep at Microsoft

ONE BEELLION Windows 10 devices?! OH REALLY

Windows chief Terry Myerson in the thick of friendlies at Microsoft’s Build conference has predicted one billion devices will be running Windows 10 in its first two to three years. He reckons the big lift will come from a wave of Windows 7 users upgrading to Windows 10 and people buying 2-in-1s – laptops that double as tablets. …
Gavin Clarke, 30 Apr 2015
Android icon desktop toys

$30 Landfill Android mobes are proof that capitalism ROCKS

Worstall on Wednesday I've mentioned around here before that the shipping container has been one of the most revolutionary technologies of our times. Similarly, I've said that the mobile phone has had a vast effect on human wealth. The TL;DR version of mobes is that 10 per cent of the population with a mobile increases GDP by 0.5 per cent each and …
Tim Worstall, 18 Mar 2015
Fujitsu-Siemens Esprimo Mobile

The Lazarus Effect: Saved by Linux and Cash Converters

Feature I was recently stuck in a quandary, when, having just moved to Portugal, my trusty MacBook Pro departed this mortal coil. No time to mourn those sweet memories with a deadline fast approaching and replacement to be sought. I’d no intention of buying a new machine with a Portuguese keyboard so I went in search of something …
Mark Diston, 25 Jul 2015
Jeroen Hoencamp is the boss of Vodafone UK

Voda UK CEO says one thing about not-spots, Minister of Fun says another

Don’t hold your breath for better mobile phone coverage. While Vodafone UK CEO Jeroen Hoencamp is hopeful that the government will do its bit as part of the not-spots agreement, Minister of Fun Ed Vaziey claims he’s already done it. We asked Hoencamp how he felt about having signed up to the not-spots deal when all the …
Simon Rockman, 27 Mar 2015

Azzurri exec set have a brand new CEO: Former BT bigster Chris Jagusz

Ailing integrator Azzurri Communications has charged former SSE Telecoms boss Chris Jagusz with revving up the stalling motor when he returns well oiled from a, er, "summer break". The start date for Jagusz was not specified by his new employer but he will take over from chairman Steve Andrews who is to become interim CEO from 8 …
Paul Kunert, 29 May 2014
Ashlee Vance, Elon Musk: How the Billionaire CEO of SpaceX and Tesla is shaping our Future

Elon Musk: How the Billionaire CEO of SpaceX and Tesla is Shaping our Future

Page File Elon Musk might be one of the most personally obnoxious tycoons to emerge from a culture that isn’t bereft of complete shits. Think Larry Ellison, or Steve Jobs. According to one former employee of his, Musk has “a complete lack of loyalty or human connection”. Yet he’s also by far the most interesting, and his achievements …
Andrew Orlowski, 05 Jun 2015
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Bloody TECH GIANTS... all they do is WASTE investors' MONEY

Worstall on Wednesday The idea that the tech giants are simply going to waste the pots of cash with which they have been entrusted is certainly counter-intuitive, but it wouldn't surprise me at all if they did. For that's pretty much the fate of all investment: to be wasted. It's an odd claim, because there do appear to be successful examples of …
Tim Worstall, 25 Feb 2015
top of the bt tower

BT: Consumers and cost cutting save the day

Cost cutting and 88,000 new broadband punters helped BT bank more profits in calendar Q3, although revenues went in the opposite direction as all divisions outside of the consumer wing reported declining fortunes. The former comms state monopoly turned over £4.38bn of sales in the quarter ended September, down two per cent year- …
Paul Kunert, 30 Oct 2014
Escalator Stairs

Acer founder Shih to step down for second time next month

Stan Shih, chairman and founder of ailing PC maker Acer, is set to retire next month as the company continues to try and claw back market share and force its way into the global top three. Shih, 69, will leave the company on June 18, the same day shareholders meet to elect a successor, according to Reuters. He is apparently …
Phil Muncaster, 05 May 2014

Sony scoffs at the Microsoft EX-BOX: A MILLION PS4s sell in ONE day

Sony shifted one million Playstation 4s in the first day they went on sale in North America. Although some users reported hardware issues, Sony's spring off the blocks bodes well for the release of their latest console in Europe and Latin America, which will take place on November 29. The Japanese firm is hoping the Playstation …
Jasper Hamill, 18 Nov 2013

Oracle cold bath shrinks Larry Ellison's pay package

Oracle's Larry Ellison, one of the world’s richest men and best-paid CEOs in the US, is getting his pay cut by more than half. The database giant's chief executive has been awarded just 3 million stock options by its compensation committee in its annual review process. That’s down from 7 million the year before and every year …
Gavin Clarke, 05 Aug 2014
Samsung UE8500 78-inch curved TV

Samsung Electronics chair Lee Kun-hee hospitalised

Lee Kun-hee, the chair of Samsung Electronics, has reportedly been hospitalised and is receiving “emergency treatment” for a heart ailment. South Korean news service Yonhap has published rolling reports suggesting Lee, 72, experienced shortness of breath on Saturday evening, was subsequently hospitalised and required …
Simon Sharwood, 11 May 2014
Handshake

Fujitsu and Panasonic about to walk down LSI aisle

Fujitsu Semiconductor and Panasonic are ready to jointly launch a new chip company this autumn as part of the duo’s plans to merge their LSI businesses, according to reports. The new venture will have ¥50 billion (£294m) in funding, with Fujitsu chipping in ¥20bn, Panasonic ¥10bn and the Development Bank of Japan stumping up the …
Phil Muncaster, 15 Apr 2014
Stock market. Pic: Alberto Carrasco Casado

London man arrested over $40 MILLION HFT flash crash allegations

Comment As I've mentioned around here I'm a bit of an aficionado of scams and scammettes: not because I partake in them but because the inventiveness of the human mind in hoovering up cash never ceases to amuse me. This morning we've a classic of the genre, as one bloke working out of his mother's basement* in Hounslow is alleged to …
Tim Worstall, 22 Apr 2015