Articles about Margins

The Register breaking news

Google Wallet left on margins by ISIS tap-pay hookup

Visa, MasterCard, Discover and American Express have all signed onto US operator consortium Isis, leaving Google Wallet with just MasterCard as a payment partner. The US operator consortium – set up by AT&T, T-Mobile USA and Verizon – has announced that the four biggest payment processors will create mobile payment applications …
Bill Ray, 20 Jul 2011
Huawei E586

Three daddy Hutch has no interest in O2

Three network owner Hutchison Whampoa has ruled out making a bid for O2 in the UK. Hutchison agreed to take O2 Ireland off Telefonica's hands last year. The €850m deal is currently pending a final session of horse-trading before approval at the EU level. In an interview with the Telegraph, Three UK's CEO Dave Dyson said "We don …
Andrew Orlowski, 01 Apr 2014

HTC warns of likely loss next quarter

Taiwanese mobile-maker HTC has warned that it may have its first ever operating loss in the third quarter, sending its shares sliding nearly seven per cent. HTC said in a statement announcing its Q2 results that its margins had been hit by "the relatively higher cost structure, lack of economy of scale and certain provisions …
Microsoft's Sharks Cove

Microsoft bakes a bigger Pi to cook Windows slabs

Microsoft is looking for a footprint in the mini-single-board-computer market dominated by the Raspberry Pi, with the launch of the Intel Atom-based 'Sharks Cove' machine it hopes will attract developers with an interest in tablets. That's an interesting move: the tablet market is hotly contested, with vendors entering and …
Shane Robison

Flashy Fusion-io pleads the fifth – the fifth loss-making quarter, that is

Despite revenues rising steadily, Fusion-io cannot stem its cash bleed: it lost $30.7m in the third quarter of fiscal 2014, a 54 per cent increase on the loss it recorded in the same period a year ago. Revenues from the just-ended quarter were $100.5m, 15 per cent up on the year and six per cent more than the second quarter; …
Chris Mellor, 24 Apr 2014

How's the great dot-thing gold rush going? Well, coffee.club just sold for $100,000

The domain name coffee.club has been sold for $100,000 (£62,600), marking a growing acceptance – and value – in the market for new top-level domains. In a novel move, the coffee.club owner will also pay the domain's registry operator through an installment plan: 10 percent each year for the next decade, with no interest. "It is …
Kieren McCarthy, 04 Nov 2014

Experts gathered round corpse of PC market: It's ALIVE! Alive, we tell you

The XP replacement bonanza reviving the PC market isn't yet over, with estimates suggesting that one in five biz machines out in the wilds is still running the thirteen year-old OS, an HP exec has told The Channel. After eight consecutive quarters of declining sales, the commercial PC market returned to life in the first quarter …
Paul Kunert, 22 Jul 2014
A boat full of Fail

Stock and awe: Top City biz takes £32m hit after software upgrade axed

A leading City firm has halted the roll-out of software that was supposed to streamline its business but became more trouble than it was worth. Specifically, £32m of trouble. Brewin Dolphin, in Smithfield St, London, alleged to investors it encountered “issues” with the "robustness" of a specialist financial application. It …
Gavin Clarke, 19 May 2014
Brazil flag

Logicalis: World Cup and IBM kit drop-off hit us hard in H1

Excitable Brazilian firms initiated a network spending freeze during the World that led to a $50m drop-off in kit sales for Logicalis, the integrator’s parent company Datatec said today. Turnover for the first half of fiscal 15 ended August came in seven per cent below the same period a year ago at $714.4m, which when coupled …
Paul Kunert, 15 Oct 2014
sea_hp_sink

HP biz split latest: 'I'm excited!' says CEO as investors exchange nervous looks

HP performed about as well as the analysts expected for the fourth quarter of its fiscal 2014, which is to say it was another difficult quarter that put the cap on what has been a trying year for the tarnished tech titan. Revenues for the quarter were down 2.5 per cent from the year-ago period, at $28.4bn. That sum missed Wall …
Neil McAllister, 26 Nov 2014
Fight sticker

Toys fly from prams as HP rivals stoke FUD fires on its split

It's handbags at dawn in the PC market as rivals round on HP in a bid to sow the seeds of fear, uncertainty and doubt regarding the corporation’s plan to split the business in two. As world + dog knows, the Palo Alto titan is to create HP Inc to house its computer and printing businesses, and Hewlett Packard Enterprise to sell …
Paul Kunert, 09 Oct 2014
grab_that_cash

Cisco Gold partner Cisilion boosts fiscal 2012 profits

Bottom-line boosting IT services worked well for Cisco Gold house Cisilion in its last fiscal year while hardware and software licensing margins tightened. Results just filed at Companies House show that in the year to 31 May 2012, sales at the Surrey-based network integrator grew 10 per cent to £26m, in line with management …
Paul Kunert, 08 Mar 2013

How's VMware doing? Like a bull in a China shop, boasts virty beast

VMware revenues have risen 17 per cent on the back of the company signing several lucrative multi-year licensing agreements. The virtualization giant reported its second quarter of 2014 financials [PDF] on Tuesday, with revenues of $1.46bn and earnings-per-share of $0.81 both beating analyst expectations of $1.44bn and $0.79 …
Jack Clark, 22 Jul 2014

Northamber grabs ladder, claims PC market burning

Northamber's colourful chairman is forecasting a "more worthwhile future" - one that is less dependent on tech hardware - but the latest financials still bear the scorch-marks of attempts to put out its burning PC biz. The UK's oldest tech wholesaler has been rather more quiet since listing on AIM, which means the company no …
Paul Kunert, 07 Mar 2014
hands waving dollar bills in the air

Facebook haters, look away now: BABY SNAP site's profit is up 138%

Facebook shares have rocketed after the social network biz reported record-setting growth, revenue and margins as it wrung cash from hundreds of millions of mobile users. The Menlo Park ads website reported second-quarter revenues of $2.910bn on Wednesday, beating the $2.81bn Wall Street analysts had been expecting, and up 61 …
Jack Clark, 23 Jul 2014
box_shifting_channel

Sales dive at UK's oldest tech wholesaler: PC crash splashes Northamber in red

UK wholesaler Northamber swung to a dramatic loss in fiscal '13 caused by a costly restructure, sliding commodity product sales and eroding margins. The Surrey-based distie – Blighty's oldest tech wholesaler – today reported an operating loss of £1.15m for the year to 30 June, compared to a profit of £97,000 in the previous 12 …
Paul Kunert, 08 Oct 2013

How Google's Android Silver could become 'Wintel for phones'

Analysis In the 1990s, Intel and Microsoft dominated the "open" PC standard – and it appears that Google now wants to do the same for its Android system, via its Silver programme. Silver has yet to be announced, but industry sources have confirmed the details to us. While the comparison between Google today and Wintel then isn’t …
Andrew Orlowski, 07 May 2014
Honshu Tsunami Wave Propagation

Keep an eye on those Object Storage critters, y'hear?

Storagebod So as another year draws to a close, it appears that everything in the storage industry is still pretty much as it was. There have been no really seismic shifts in the industry, yet. Perhaps next year? The flashy start-ups still continue to make plenty of noise and fizz about their products and growth. Lots of promises about …
StorageBod, 17 Dec 2014
management big_data4

The channel is changing – but if you're prepared, there's no need to fear

What keeps channel professionals awake at night? From resellers to distributors to vendors, they are all concerned about when “traditional IT” will finally shuffle off this mortal coil. The channel is a delicate ecosystem of various vested interests — alliances, partnerships and deals – where each individual player is trying to …
Apple iMac

Want a cheap iMac? TOO BAD. But you can have a slow one for $1,099

Apple is adding a lower price point to its iMac line with the introduction of a $1,099 (£899) model, which drops the entry level on the all-in-one line by $200. The company said that the new model would sport the same 21.5-inch display as the other iMac configurations while being equipped with cheaper internal hardware. Where …
Shaun Nichols, 18 Jun 2014
HP cloud

HP rides data center growth out of sludgy IT market

HP has reported better than expected financial results on the back of strong server sales and – unexpectedly – good performance in the struggling PC market. The IT company reported an earnings-per-share of $0.90 and a net revenue of $28.2 billion on Thursday for its first fiscal quarter results, beating analyst expectations of $ …
Jack Clark, 20 Feb 2014

Vodafone, Moneygram hook up to create mobe money MONSTER

+Comment A deal struck between Vodafone and Moneygram has added 334,000 international agents from whom you can send money to Vodafone's M-Pesa. This will allow migrant workers in around 200 countries to send funds home to the Democratic Republic of Congo, Egypt, Fiji, India, Kenya, Lesotho, Mozambique, South Africa and Tanzania. There …
Simon Rockman, 12 Feb 2014

Germany may have won the World Cup... but it dropped the ball for Computacenter

The German nation lifted the World Cup last weekend but those working for Computacenter will not have cheered the local team's performance this morning – when calendar Q2 financials were released to the City. A nasty crash in product sales across CC Germany unpicked momentum in Blighty and progress made in the French arm, …
Paul Kunert, 17 Jul 2014
JassyAWs

Amazon HALVES cloud storage prices after Google's shock slash

Amazon has cut its cloud prices – but not far enough to bring the cost of using its online services entirely below that of rival Google. Prices for Amazon Web Services' mainstay S3 storage will fall by about 51 per cent, said the company's senior vice president Andy Jassy at the Amazon Web Services summit in San Francisco on …
Jack Clark, 26 Mar 2014
chart

It's a bad day to be Serco's CEO... or an investor, come to that

Scandal-hit integrator Serco today issued its fourth profit warning of this fiscal and calendar year, confirmed a £1.5bn write-down and provision to cover to loss-making contracts and effectively exited private sector business process outsourcing. The financial markets reacted negatively, sending the company’s share price …
Paul Kunert, 10 Nov 2014
Motorola StarTAC

HELLO LENOVO. Do you really, really want to make smartphones?

Analysis Lenovo has bought third place in today's smartphone market by acquiring fallen giant Motorola. Not a bad performance since it only created its 'MIDH' mobile division three years ago. But is this really a prize worth fighting for? Lenovo took the No.1 spot in PCs last year from HP with a huge home advantage in China, where it …
Andrew Orlowski, 31 Jan 2014

Westcon Group consumes sister biz Intact Integrated Services

Datatec-owned enterprise distie Westcon Group (WG) is to swallow sister company Intact Integrated Services to beef up margins by selling project, support and managed services, primarily on Cisco kit. The move is part of a wider play to consolidate all services operations under a single roof, and highlights efforts by WG to give …
Paul Kunert, 24 Apr 2014
Apple CEO Tim Cook on the cover of Bloomberg Businessweek

You're spending WHAT on iPhone 6? Wells Fargo downgrades Apple stock

Analysts at Wells Fargo have downgraded their outlook on Apple shares for this year, taking it down from "outperform" to "market perform". A report on the fruity firm stuck to a valuation of between $536 and $581 a share, but it pointed out some concerns about the gross margin of profit on the upcoming iPhone 6 as well as …

Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales

Gigantic retailer Amazon grew sales 23 per cent, year on year, in its second quarter of 2014 – and managed to lose even more money than usual. The e-retailer and cloud giant reported an operating loss of $0.27 per share on Thursday on revenues of $19.34bn for the three-month period, compared with analyst expectations of a loss …
Jack Clark, 24 Jul 2014

Apple to maintain phone profit lead through years of 'enormous transition' – report

Some observers have said that the high-profit party is over for Apple's iPhone now that the global smartphone market is becoming saturated, but the market researchers at IDC would beg to disagree. IDC projections of smartphone average selling prices through 2018 – graph There are low-cost Android phones and expensive ones – but …
Rik Myslewski, 28 Feb 2014

Ballmer leaves Microsoft board to spend more time with his b-balls

Former Microsoft CEO Steve Ballmer is today stepping down from the Windows giant's board of directors – just six months after he was succeeded by incoming chief exec Satya Nadella. Ballmer announced his retirement in August last year, but remained at the helm until Nadella took over in February. Shy-and-retiring Ballmer also …
Chris Williams, 19 Aug 2014

Activist investors force Riverbed into climbdown over cash 'n' costs

Comment Another one bites the dust as activist investor Elliott Management forces networking biz Riverbed into a strategic review of its options. Despite announcing good second and third quarter results with increasing revenues and profits, Riverbed has had to bow to activist investors' concerns about shareholder value by initiating a …
Chris Mellor, 24 Oct 2014
Measuring up Apple

PEAK APPLE: One MILLION fewer iPads sold this quarter

It’s lonely at the top, or so saying goes, but Apple may not have to wait too much longer before it rubs shoulders with those playing catch-up in the global PC arena after Q2 sales declined off the back of a slab crash. Figures for the last three months collated by the beancounters at Canalys show Tim Cook’s lot sold nearly one …
Paul Kunert, 05 Aug 2014

Sing it, Systemax: 10 straight quarters plunging in a row, 10 straight quar....

Shape-shifting mega reseller Systemax has finally broken its run of top line wobbles after 10 consecutive quarters but the US titan still couldn't turn a churn out a profit in its calendar Q2. The New York Stock Exchange-listed dealer last night reported low single-digit sales growth of $831.1m, representing a rise of 1.4 per …
Paul Kunert, 30 Jul 2014
Ingram Micro

Eurozone still the damp patch on Ingram's corporate pants

Distie juggernaut Ingram Micro rolled out a bumper set of sales growth numbers last night largely aided by acquisition. Yet poor trade in the Eurozone let the side down, remaining the blot on the profit and loss sheets. Revenues for Q2 ended 29 June were up 17 per cent year-on-year to $10.3bn, with the Brightpoint and Aptec …
Paul Kunert, 25 Jul 2013
Oracle's Iron Man 2 ad

Oracle: Our figures say hardware has flatlined, but we assure you it hasn't

Database and wannabe hardware giant Oracle has beat Wall Street expectations after nine disappointing months, and said cloud services are one of its three main growth areas for next year. The company reported its second-quarter results for its fiscal 2014 year on Wednesday, and surprised analysts by stemming the rot in new …
Jack Clark, 19 Dec 2013
Disney's Beagle Boys

Copyright thieves' cyberlockers slurp MILLIONS from honest creators, study finds

An economic study of direct download locker sites has found most are used for copyright infringement – and calculates that they're highly profitable. The study looked at download sites like Mega, Rapidgator and Depositfiles, and streaming lockers like Movshare.net, Flashx.tv and Streamcloud.eu. The study, carried out by NetNames …
Andrew Orlowski, 18 Sep 2014
HP CEO Meg Whitman

Wasn't it all supposed to be so different by now, Meg?

Showering partners with love, making changes to the exec line-up, upping R&D and other tweaks made by CEO Meg Whitman were supposed to get HP's business firing on all cylinders, but after year three of the turnaround plan, they've yet to do so. The release of Q4 fiscal ’14 numbers for the year ended October reveal a company with …
Paul Kunert, 26 Nov 2014
Nimble Storage revenues Q2cy2014

Better be Nimble, tech giants, or mutant upstarts will make off with your sales

Hybrid array vendor Nimble Storage saw revenues grow strongly as storage giant incumbents were unable to deliver equivalent price/performance products. Revenues were $53.8m for its second quarter, ended, an 89 per cent increase year-on-year and beating its own guidance of $49m to $51m. There was a net loss of -$26.1m, 149 per …
Chris Mellor, 27 Aug 2014

OpenStack kingpin Rackspace hires bankers to help it mull 'inbound strategic proposals'

Updated Rackspace has retained Morgan Stanley to help it evaluate "inbound strategic proposals". In other words, a partnership or acquisition is something that may lie in Rackspace's future, according to Bloomberg, which broke the news on Thursday. "Our board decided to hire Morgan Stanley to evaluate the inbound strategic proposals, …
Jack Clark, 15 May 2014
Independence Day

Structural storage industry changes green light Cisco

Structural changes in IT and storage technology are green lighting opportunities for Cisco as it has no legacy storage products holding it back and server-led storage opportunities are growing and growing. William Blair analyst Jason Ader has issued a note called "Day of Reckoning for IT Infrastructure Is Near" which talks of " …
Chris Mellor, 13 Nov 2014
Screenshot of Bill Gates appearing on Fox Business

Bill Gates: Sell off Bing? Nah. Xbox? Maybe...

Microsoft cofounder and board member Bill Gates says he's leery of unloading the company's historically loss-making Bing division, but he wouldn't necessarily be opposed to spinning off Xbox. Gates made the comments in an interview with Fox Business on Monday alongside mega-investor and Berkshire Hathaway CEO Warren Buffett. …
Neil McAllister, 05 May 2014
IBM Selectric Golfball

IBM renews attempts to offload server biz: report

IBM is trying to offload its “low-end” server business, according to The Wall Street Journal. The Journal's report suggests Dell hasn't turned up its nose in disgust at the idea of buying Big Blue's server unit and that Lenovo could also be sniffing around. IBM's motivation for selling off low end servers is not clear, nor is …
Simon Sharwood, 20 Jan 2014

Phoenix IT Group CEO: Turnarounds don't happen overnight

The turnaround at Phoenix IT Group initiated by CEO Steve Vaughan was never going to happen overnight and the latest set of declining half-year numbers for the period ended September are testament to that point. The LSE-listed tech services biz this morning reported revenues of £107.4m, down 8.1 per cent on the corresponding six …
Paul Kunert, 25 Nov 2014
Samsung Diva

Seoul-blackening disappointment for Samsung backers as stock droops

Shares in Samsung Electronics fell to their lowest in four months, dropping over four per cent on Thursday, after analysts said the firm's quarterly earnings were likely to be hit by the strong won and weaker business in its display unit, according to Reuters. The Korean chaebol's stock closed down 4.6 per cent on its fifth …
Amazon Fire TV

Boxing clever? Amazon Fire TV is SO CLOSE to being excellent

Review Amazon has made its Fire TV video streaming device available in the UK; an inexpensive set-top box that runs the company’s de-Googled version of Android, as also found in the Fire Phone. Confusing matters, Amazon also offers the Fire TV Stick. This will be available on November 19, but only in the US. Amazon Fire TV Amazon Fire …
Tim Anderson, 07 Nov 2014
Euro notes

Termination charges drop smacks Vodafone and EE in the WALLET

The reduction in how much mobile networks receive for handling incoming calls has hit both Vodafone and EE so hard that they have both separated out the charges in interim financial reports. Brit multinational Vodafone announced a global drop in its revenue of 4.2 per cent for the quarter while UK mobile firm EE's financials saw …
Simon Rockman, 25 Jul 2014
The US Navy NeRD readers

Horton Hears an IPO: Hard work for Hadoop

Comment Hadoop is hot. That’s not in question. What is in question, however, is what it’s hot for, and whether it can move beyond Silicon Valley geeks to mainstream enterprises. With Hortonworks filing to IPO and Cloudera reportedly doing more than $100m in sales, it’s tempting to think that Hadoop has already gone mainstream. The …
Matt Asay, 02 Dec 2014
The Register breaking news

Rackable's margins still in witness protection program

Rackable's new CEO suffered through a tough first 90 days on the job, as gross margins continued to vanish. Rackable today reported second quarter revenue of $82m – a 14 per cent year-over-year rise. It also posted a $40m net loss during the period versus a $5.3m profit in the same period last year. The profit disappeared as …
Ashlee Vance, 26 Jul 2007

Rackspace refuses to enlist in cloud's latest price cutting war

+Analysis Cloud provider Rackspace will stand on the sidelines as Amazon, Google, and Microsoft slash prices in an attempt to destroy each other's profit margins. The web hoster's chief technology officer, John Engates, told El Reg's cloud bureau by email that "Rackspace is not a commodity cloud provider," when we asked if it would match …
Jack Clark, 08 Apr 2014