Feeds

Articles about Profit Margins

Android mobes outsell iPhones, but Apple gets MORE PROFIT THAN ALL

Apple rakes in more profits from its iPhones than all Android phones combined, despite the fact that Android phones command an 81 per cent market share to Cupertino's 12.1 per cent. Earlier this week, IDC reported that Android was used in four out of five smartphones shipped during the third quarter of this year, with Apple, …
Rik Myslewski, 16 Nov 2013

Amazon's profit-eating machine revs into overdrive

Shares in e-retailer Amazon inched down over 2 per cent in after-hours trading after the company reported a net loss in its second quarter and forecast problems in its third quarter, currently underway. Amazon's great profit-eating machine was on full display on Wednesday, when the mega e-tailer's vast revenues failed to stop it …
Jack Clark, 25 Jul 2013
imation flash wristband usb storage

Ending the profit fail: Imation FINALLY posts a positive quarter

Scalable storage outfit Imation has finally announced a profitable quarter after 15 loss-making quarter in a row. It's stemming the bleeding at last as its optical and tape media revenues spiral downwards. The newer businesses are beginning to grow fast enough to offset that. Revenues of $232.8m for the fourth quarter, ended Dec …
Chris Mellor, 11 Feb 2014
The Register breaking news

eBay's festive sales soar, but what's this? Profit DOWN 62%?

eBay not only made a wad of dosh over the festive period but it also scooped up loads more mobe-toting shoppers to boot. The online tat bazaar today boasted that 4,300,000 people signed up for new accounts using their smartphones during 2012. The website's CEO John Donahoe said these mobile shoppers are driving his firm's …
The Register breaking news

Foxconn daddy's shares slip on weak Q1 profit

Foxconn's parent company Hon Hai's shares dropped 7 per cent today after it announced weaker profits than expected in the first quarter. Hon Hai reported a net profit of NT$14.9bn ($510.8m, £314m) for the quarter, down just a little from the same period last year when the firm made NT$15.3bn ($523.2m, £322m). The group's costs …
money_yen_dollar_pound

EU probe into Apple's taxes: It's NOT to do with double-Dutch-Irish anything sandwiches

As already reported here at El Reg, Apple is being investigated by the EU over its tax “deal” in Ireland. The interesting part of the whole story is that it has pretty much nothing at all to do with all of the things that people normally complain about concerning Apple's taxes. It isn't, for example, about the way that the …
Tim Worstall, 12 Jun 2014

The Schmidt hits the brand: Apple's iPhone 6 is a year late, scoffs smug search supremo

With Apple under fire for its bendy, broken iPhone 6es, Eric Schmidt at arch-rival Google is only too happy to put his boot in Cupertino. In an interview with Bloomberg TV, the Google chairman and former CEO needled his competitor down the peninsula. When asked what he thought about the hyped up iPhone 6 and iPhone 6 Plus, …
Shaun Nichols, 25 Sep 2014
HTC Anatomy of an Android Update

iPhone 6: The final straw for Android makers eaten alive by the data parasite?

Today's long overdue update to Apple's iPhone line - which had been moribund for years - look set to squeeze some rival manufacturers to death. New iPhones at last means that Android, Google's smartphone middleware, will soon look attractive only for budget vendors selling into fast-growing emerging markets. The problem, in a …
Andrew Orlowski, 19 Sep 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 …
Scrooge McDuck

G20 gives Google, Microsoft, Apple et al tax deadline

The world's top 20 finance ministers have signalled once again that they're sick of their taxes disappearing offshore and have signalled a strong intention to get their cash back. The ministers in question are all members of the Group of Twenty (G20) and gathered in Sydney, Australia, over the weekend. The Communiqué (PDF) …
Simon Sharwood, 23 Feb 2014
Wii U

Ninten-DON'T: Wii U bomb blows Mario Kart giant off track – but new console promised

Nintendo has blamed lacklustre Wii U sales after the company finished its financial year $464m in the red. But it does have a rescue plan in mind – fresh gear for China and emerging markets. The games icon said that for the 12 months to March 2014, its flagship home console plodded along at just 2.72 million hardware units sold …
Shaun Nichols, 07 May 2014
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Shape-shifting box shifter Systemax made cash... from non-IT kit

A write-off of deferred tax assets helped to widen losses at ailing Systemax during Q4 as the tanking consumer biz in North America more than offset sales growth in the Industrial Products division. It was an eventful end to another eventful year for the shrinking reseller, with turnover in the final three months of 2013 down 7. …
Paul Kunert, 05 Mar 2014

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

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

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

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
TX4 Black Cab

Google patents ROBO-TAXIS to ferry punters into advertiser's shops, restaurants, etc for free

What's holding you back from online shopping? Not being to touch or test drive the thing you desire before splashing the cash? What if someone were to drive you to the store, dealership or wherever, to seal the deal for free? Great idea, huh? Well, Google just patented it. The web ad kingpin, which designs self-driving cars and …
Shaun Nichols, 28 Jan 2014

Keltec bemoans spending freeze as sales and profits dive

Services-based reseller Keltec has reported a double digit drop in sales and profits for 2012, amid claims from management that some of its customers remain jittery about the economic recovery and are refusing to sign off new projects. The reseller, headquartered in Bracknell, has filed full calendar year results at Companies …
Paul Kunert, 07 Jun 2013
TerminatorGoogle

Now we're cookin' on gas: Google crafts sugar-alert contact lens for diabetics

Google's skunkworks "X" lab is building a contact lens that can monitor glucose levels in the tears of diabetics, and warn them when it drops too low. The wireless-communicating device was unveiled by Google in a blogpost on Thursday, and may also one day contain tiny LEDs that'll light up if the wearer becomes hypoglycemic. " …
Jack Clark, 17 Jan 2014

Google slashes cloud storage to $0.026 per GB. Your move, Amazon

Google has dramatically lowered its cloud prices far below those of its rivals – as the search kingpin seeks to eradicate the fat profit margins of the cloud industry. The web giant announced today at its Google Cloud Platform event in San Francisco a 68 per cent price drop across the board for Google Cloud Storage – as El Reg …
Jack Clark, 25 Mar 2014

Surface more profitable than iPad

Microsoft's Windows RT-based Surface tablet - designed to compete with the full sized Apple iPad - has a larger profit margin than its rival, a teardown analysis has revealed. The Surface, with its minimum 32GB of Flash storage and optional Touch Cover, has a bill of materials (BoM) that totals $271. Chuck in an additional $13 …
Caleb Cox, 06 Nov 2012

Samsung posts RECORD profits, but execs drip cold sweat over 2013

Samsung urged a note of caution for the future, despite announcing bumper profits for the last three months of 2012. The two big drivers that powered the Korean super-manufacturer to record revenue of 56.06 trillion Korean won ($52.7bn, £33.3bn) at the end of 2012 are showing signs of decelerating. Samsung execs expect cooler …
Anna Leach, 25 Jan 2013

HP's Machine and IBM's $3bn R&D splash – aka how to survive Google

IBM and HP are trying to invent their way out of severe problems that lurk in their future. Both companies face slowing sales in some of their traditional high-margin areas, like enterprise servers and other on-premises hardware. And both are having a tough time converting existing business divisions over to selling the high- …
Jack Clark, 23 Jul 2014

Debt hangs heavy on Stone: Yes we make PCs. For the public sector

Stone Computers would appear to be caught between a, er, rock and a hard place: it specialises in building PCs for the public sector, both areas of industry that have fallen on hard times of late. The general PC market has been in continual decline since the second half of 2010 and austerity measures brought in by the coalition …
Paul Kunert, 22 Oct 2013
BlackBerry bleeding

Android in FOUR out of 5 new smartphones. How d'ya like dem Apples?

The latest numbers from analyst house IDC on global smartphone sales during the third quarter of the year make good reading for Google and Microsoft – but it appears that Blackberry is dead in the water. Of the 211.6 million smartmobes sold in the quarter, Android took 81 per cent of the market, ahead of Apple at 12.1 per cent. …
Iain Thomson, 12 Nov 2013

You hear that, Mr Cook? Samsung's profits have gone UP

Samsung Electronics is toasting a massive hike in its Q1 profits fuelled by sales of smartmobes and tabs but warned cheaper kit flooding the market may "dampen" its next quarterly numbers. Sales for the period ended 31 March climbed by 16 per cent to 52.87tn won (£30.7bn), boosting operating profits by 50 per cent to 8.78tn won …
Paul Kunert, 26 Apr 2013

EU digital tsar 'Steelie' Neelie Kroes: Telcos must adapt to losing roaming cash

Europe's digital tsar Neelie Kroes has been defending her call for greater integration of telcos across Europe, and appears to be arguing that what she described as "artificial" lowered roaming revenues should not hinder the telcos' greater investment in European infrastructure. Neelie's plan is to get rid roaming charges across …
Bill Ray, 09 Oct 2013
VMware logo

Management tools lead VMware through $5bn annual revenue barrier

VMware has cracked the $US5bn barrier for the first time on the back of 17 per cent year-on-year revenue growth it says it can repeat again during 2014. The company also reported Q4 revenue of $1.48bn, up 15 per cent from 2012's fourth quarter. Virtzilla's current hero is its management and automation software. Just about …
Simon Sharwood, 29 Jan 2014

How Facebook flipped the data centre hardware market

The rise of Facebook helped to ruin the data centre hardware market, caused IBM to sell its x86 business to Lenovo, spurred HP to embark on an ambitious "Moonshot" server, and encouraged Dell to go private. With the recent acquisition of WhatsApp, it's also adding momentum to the drive of OTT mobile messaging, which is …
Jack Clark, 20 Feb 2014
grab_that_cash

Bumbling fraudsters fail to dupe 'Westcost' customers

Fraudsters masquerading as British distie giant Westcoast failed in their attempts to convince resellers to redirect their payments for products and services to a dodgy bank account, the company has confirmed. The scam was initially spotted by some of Westcoast's customers, who then contacted the distributor. The company has …
Paul Kunert, 20 May 2013

The Shoreditch STARTUP SCENE is a load of TRIPE: And that's why it's GREAT

I was halfway through my third plate of organic artisan offal when the idea hit me, like a lightning bolt. In a flash I instantly blue-skyed the deal that will revolutionise British business. Here’s how it happened. It was a damp Movember Monday evening, and around me the scene resembled a 1920s misery memoir - as it does in …
Steve Bong, 29 Nov 2013
Bezos headshot

Amazon: We cut prices to scare ourselves into innovation

Amazon Web Services' campaign of price cuts and rapid product development is part of a customer-first strategy designed to prevent stagnation, the company's chief executive has said. In the e-retailer's annual report released on Thursday, Amazon chief Jeff Bezos told investors that Amazon's customer-centric strategy should …
Jack Clark, 12 Apr 2013
The Register breaking news

Samsung ordered to cough mobe sales figures to world+dog

Samsung has failed to keep under wraps sales totals for its Android-powered phones that are locked in a patent dispute with Apple. In a particularly snippy filing from long-suffering Judge Lucy Koh, she made it clear that she did not think the South Korean electronics behemoth had a good reason to keep the info secret. Sammy …
The Register breaking news

RIM's Heins beams: BB10 must walk the walk before we talk the talk

RIM will leave the door open for those wishing to license its QNX-powered smartphone operating system - but not just yet. CEO Thorsten Heins has told Die Welt that BlackBerry OS 10 must prove itself in the marketplace before any deals can be cut, but he didn't rule out any agreements. “First we have to fulfil our promises. If …
Andrew Orlowski, 22 Jan 2013

SGI losses widen, but revenue bumps up

Hyperscale server and supercomputer maker Silicon Graphics is still chewing through a pile of ICE X cluster low-margin deals – what company top brass call LMDs, a weapon of profit destruction that their predecessors allowed – which whacked profits in the quarter ended in September. That September quarter is the first quarter of …

No M&S vouchers for CSC staff as awards scrapped to save costs

Cash strapped CSC is scrapping the Recognising Excellence (RE) award for its top workers as it looks towards another year of austerity. The RE was based on a token system which awarded successful contenders £25, £50 or as much as £100 - those lucky staffers - which could be traded in for M&S, John Lewis and other store vouchers …
Paul Kunert, 07 Mar 2013
balaclava_thief_burglar

Australia threatens telcos with mobile roaming price laws

Australia and New Zealand are considering legislation to prevent mobile carriers gouging customers when they use their phones overseas. Australia's Minister for Broadband, Communications and the Digital Economy, Senator Stephen Conroy, and New Zealand's Minister for Communications and Information Technology Amy Adams MP (not the …
Simon Sharwood, 23 Aug 2012
The Register breaking news

Amazon slashes DynamoDB prices

Amazon has slashed the cost of DynamoDB as the cloud giant passes on operational savings to customers. The price cut was announced by Amazon on Thursday, and sees dramatic reductions in provisioned throughput costs, along with the price of indexed storage. "Rapid adoption has allowed us to benefit from the scale economies …
Jack Clark, 08 Mar 2013
fingers pointing at man

Falling margins, prices push Maxtor into the red

Maxtor fell back into the red during its third fiscal quarter, it admitted this week, after a brief foray into profitability during Q2. The hard drive maker reported revenues of $926m for the three months to 1 October 2005, only fractionally higher than Q2's $925m, and fractionally down on Q3 FY2004's $927m. Maxtor shipped …
Tony Smith, 27 Oct 2005
hands waving dollar bills in the air

Creative income falls on iPod-minced margins

Strong sales failed to boost Creative Technology's first-quarter income, the MP3 player maker announced on Friday. During the three months to 31 March, Creative recorded sales totalling $333.8m, up 65.4 per cent on the year-ago quarter's total, $201.8m. However, net income fell 72.1 per cent year on year, from $57m to $15.9m. …
Tony Smith, 25 Apr 2005
The Register breaking news

Report: US telcos cashing in on data caps and poor competition

The increasing use of data-capping and high data charges on US networks is less about easing network congestion or funding investment and more about increasing profits, according to a new analysis by the non-partisan New America Foundation think tank. "Data caps encourage a climate of scarcity in an increasingly data-driven …
Iain Thomson, 18 Dec 2012
channel

Microsoft cuts back on Windows keys after pirates grab booty

Microsoft has blamed Windows giveaways and pirates plundering subscriptions for its decision to cut back the number of Windows activation keys it issues. The company told The Reg on Wednesday that its TechNet Subscriptions, Microsoft Partner Network (MPN), Microsoft Developer Network (MSDN), Software Assurance (SA) and Open …
Gavin Clarke, 21 Mar 2012

Systemax files $2.2m losses as US shoppers stay home

Systemax was hit by Q2 losses as continued strong trading in its business-to-business operation in Europe was more than offset by US shoppers' reluctance to part with cash, the reseller giant confirmed late last night. Operating losses for the period ended 30 June were $2.2m compared to a profit of $15.6m a year earlier, " …
Paul Kunert, 01 Aug 2012

Memo to Groupon: Best cheapo deals have a premium tag

The biggest problem with Groupon isn't its accounting. It's also not Groupon's shrinking margins on new products, concerning as they are. No, Groupon's biggest problem is that it fetishes bargains in lieu of building real customer value. Groupon's business model is simply not sustainable, which is why its stock is now on sale. …
Matt Asay, 13 Nov 2012
globalisation

Bell Micro sounds a profit

Bell Microproducts brought in revenues of $805m in the first quarter of 2005 ended 31 March, an increase of 22 per cent on last year. Net earnings for the period were $4.4m or $0.15 per share compared to $1.7m or $0.06 per share. Bell made 42 per cent of revenue in the US, 12 per cent in Latin America and 46 per cent in Europe …
John Oates, 28 Apr 2005
Google Chrome OS–equipped Cr-48: apps

Google shifts more of Postini into Apps platform

The days of there being such a thing as a Postini reseller are numbered, as Google has announced yet more integration of the email and archiving group into the Chocolate Factory's Apps package. In a blog posting, Google said that Postini Google Message Security (GMS) and Google Message Discovery (GMD) customers will "gradually …
Iain Thomson, 15 Aug 2012

Now even MORE 'interns' make iPhones - Chinese labour watchdog

The number of students forced to "intern" on iPhone assembly lines has increased, says a new report from a China-based labour rights watchdog. The report 'Apple Fails in its Responsibility to Monitor Suppliers', published on 26 February by Students and Scholars Against Corporate Misbehaviour (SACOM) also says that Apple …
Anna Leach, 01 Mar 2013

Who is it that makes pots of cash from Apple and Facebook?

Growth continues unabated at Fusion-io as the server flash storage hardware and software vendor reports record quarterly revenues 59 per cent higher than a year ago plus a $3.9m profit. But growth is about to stop as the economy slams the brakes on. For its first fiscal 2013 quarter revenues were $118m, compared to $74.4m a year …
Chris Mellor, 25 Oct 2012
The Register breaking news

Foxconn trumps Apple to sit pretty on Fortune 500

Contract manufacturer Foxconn managed to steal a march on its illustrious partner Apple this week after it was ranked several places higher than the fruity toy maker in the latest Fortune Global 500 rankings, with a whopping $117.5bn (£75.7bn) in revenues. The Taiwanese giant’s parent company Hon Hai Precision Industry was …
Phil Muncaster, 12 Jul 2012
The Register breaking news

Nokia ‘giving away phones at cost’

Nokia's financial results for the second quarter of 2011 are due tomorrow, and the company has already warned investors of very bad news coming. Yesterday, it issued a peek into just how tough things have got in 2011. Nokia said its smartphone profit margins were down to 6.2 per cent in Q1 2011, with margins of 16.4 per cent on …
Andrew Orlowski, 20 Jul 2011
The Register breaking news

Google, Amazon, Starbucks are 'immoral' and 'ridiculous' over UK tax

MPs didn't shrink from telling senior execs from Amazon, Starbucks and Google that they were "ridiculous", "unbelievable" and "immoral" about their UK taxes. Under questioning from the Public Accounts Committee, Andrew Cecil, the director of public policy for Amazon, tried to claim that he had no idea what sales were made in …

Apple dishes out cheap, tasty Macs 'n slabs to staff

As if the joy of working for Apple wasn't reward enough, all Apple employees will now get a $500 discount off Macs and $250 off iPads. CEO Tim Cook played Santa Claus at Apple's "Town Hall" meeting with employees in Cupertino yesterday, 9 to 5 Mac reported, handing out the kit discounts to staff as a celebration of Apple's …
Anna Leach, 26 Jan 2012