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Articles about Revenue

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BlackBerry revenue slips below $1bn as users shun BB10

BlackBerry's revenue slipped below a billion dollars in the fourth fiscal quarter for the first time since 2007, as its smartphone sales continued to slide, but its losses were slightly less than expected. The ailing Canadian firm reported a net loss of nearly $6bn for the year up to the start of March and a loss of $423m for …
Veeam v7 data flow

Veeam chases $1bn revenue dream as VC joins board

Veeam is looking more and more like the Data Domain of virtual server backup suppliers, announcing 100 per cent annual growth in second quarter bookings, boasting more than 73,000 customers and securing a new VC partnership to take it to the $1bn annual revenue level. That would mean, El Reg's storage desk thinks, passing …
Chris Mellor, 06 Aug 2013
Google sign outside Mountain View headquarters

Google's ad-slinging juggernaut gobbles more BEEELLIONS in revenue

Google turned in another impressive earnings report on Thursday, with the giant ad-slinger's revenues reaching record highs both for the fourth quarter and for fiscal 2013. Total revenues for the three months ending on December 31 were $16.86bn, a 17 per cent hike from the year-ago period. And ignoring the impact of the Motorola …
Neil McAllister, 30 Jan 2014
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

Google: Thanks for the billions in revenue, UK. Here are your taxes, that's ... £11m

Google paid Britain £11.2m in corporation tax in 2012, the company confirmed today. That's slightly more than the £7.3m the ad giant coughed up in 2011. But the latest figure, confirmed by Google to The Register this afternoon, will no doubt enrage the search king's critics - including Labour MP and Parliament's Public Accounts …
Team Register, 30 Sep 2013

Apple ups revenue estimates in wake of nine million–phone weekend

In a filing with the US Securities and Exchange Commission, Apple has announced that it now expects its revenue to come in at the high end of the range it projected when it announced its financial results for its third fiscal quarter of 2013 this July. In the filing this Monday, Apple CFO Peter Oppenheimer cited the sale of nine …
Rik Myslewski, 23 Sep 2013

ARM posts sterling revenue growth, but moneymen spank it anyway

UK chip designer ARM Holdings PLC announced its financial results for the fourth quarter of 2013 on Tuesday, and despite solid revenue growth and a positive guidance, the company behind the chips that power the vast majority of the world's smartphones and tablets was spanked by The City's moneymen. The reason for the immediate …
Rik Myslewski, 04 Feb 2014

Brocade's fat pipes shrink: Fibre Channel revenue dip ahead

Brocade has cut its current quarter's estimated revenue by between $19m and $34m, implying there may be trouble afoot in the Fibre Channel world. Brocade makes Fibre Channel equipment for use linking networked storage arrays to servers, plus a line of Ethernet switch gear. Recently the company reduced its revenue expectations …
Chris Mellor, 03 May 2013
Quantum CEO Jon Gacek

Quantum expects to see Q3 revenue hike, sheds 60 extra bodies

Quantum expects to report a seasonal third quarter revenue hike in its third 2014 fiscal quarter ended 31 December, with lower costs helped by manufacturing outsourcing and several additional redundancies. El Reg storage desk has received several emails about the latter and they were also confirmed by the company. Revenues for …
Chris Mellor, 16 Jan 2014

Fed watchdogs sniff around IBM's cloud revenue reporting

IBM filed its quarterly 10-Q report with the US Securities and Exchange Commission Wednesday morning, and buried in that lengthy document is a note that the Securities and Exchange Commission (SEC) has raised an eyebrow over the way IBM recognizes its revenues for cloud computing. There is not a whole lot of detail about exactly …
The Register breaking news

Foxconn's revenue down on slowing iPad, iPhone sales

Earnings are down at Hon Hai Precision Industry, the Taiwanese electronics manufacturing giant better known as Foxconn, leaving analysts wondering whether the slump bodes bad news for the company's biggest partner, Apple. Foxconn's revenues for the three months ending March 2013 were 808.97bn Taiwanese dollars ($26.99bn/£17.63bn …
Neil McAllister, 10 Apr 2013
The Register breaking news

Another quarter, another $14bn in revenue for Google

Google announced an impressive start for its fiscal 2013 on Thursday, reporting first-quarter revenues of $13.97bn – an eyebrow-raising 31 per cent increase from the same quarter last year. That growth was perhaps not quite so remarkable, however, when you consider that the online ad giant also pulled in $14.42bn in Q4 of 2012 …
Neil McAllister, 18 Apr 2013

AMD lowers revenue expectations in run up to Q3 report

AMD has announced lowered expectations for its third-quarter financial results, with revenues declining 10 per cent from the previous quarter, down from the 1 per cent – give or take 3 per cent – that it had previously projected. "The lower than anticipated preliminary revenue results are primarily due to weaker than expected …
Rik Myslewski, 11 Oct 2012

Google exhales another $14bn revenue figure

Google reported hefty earnings of $14.11bn on Monday for the second quarter of its fiscal year, up 19 per cent on the same quarter a year ago. The growth was even ahead of last quarter's $13.97bn, though that had been down on Q4 2012's $14.42bn and Q3's $14.10bn. Net income was $3.23bn, down slightly on quarter one's $3.35bn, …
Jack Clark, 18 Jul 2013

Cray posts modest loss, awaits Q4 revenue wave

Supercomputer maker Cray turned in a slightly better than expected second quarter, with a modest bump in revenues and a slight loss. This is a win in the ever-choppy supercomputer racket – and particularly for Cray in a second quarter. For the past three years, Cray has been cramming a large portion of its sales in the final …

Bitcoin mining rig firm claims $3m revenue in just FOUR DAYS

It is said that during a gold rush, the people who make the real money are the ones selling the spades. The same appears to be true with Bitcoin, judging by the whacking great revenues announced by a firm which makes computers dedicated to mining the cryptocurrency. KnCMiner, a Swedish manufacturer of Bitcoin mining machines, …
Jasper Hamill, 14 Nov 2013

Apple squeaks over revenue estimates, misses earnings target

Apple reported revenues in its fourth fiscal quarter that topped the Wall Street moneymen's predictions – but only barely. Its earnings per share, however, came in lower than most predictions. Cupertino posted quarterly revenue of $36bn, which resulted in a quarterly earnings-per-share (EPS) of $8.67. According to the 47 …
Rik Myslewski, 25 Oct 2012

Amazon's cloud on track for $2bn in revenue in 2013

Bezos & Co's cloud looks likely to turn over at least $2bn in 2013 and potentially much more – a fact sure to put the frighteners on traditional IT suppliers scrabbling to come up with their own as-a-service infrastructure products. Amazon recorded revenues of $750m within its "Other" category in the first quarter of 2013, up $ …
Jack Clark, 26 Apr 2013

Apple beats revenue estimates but margins are falling

Apple has beaten some of the gloomier analyst expectations in its second quarter's results filing, with revenues of $43.6bn for the quarter generating $9.5bn in profits. But margins are falling and the company warned that next quarter it may clear only $33.5bn to $35.5bn in revenues – its biggest fall in a decade. The company …
Iain Thomson, 23 Apr 2013

Western Digital cuts revenue forecast, cites 'muted demand'

Storage megacorp Western Digital dropped a bomb on its investors – and the entire computer industry – by announcing that it was lowering its revenue projections for its first fiscal quarter, which will end on September 28. That quarter, the company said in a press release on Thursday, will now see revenues of between $3.9 …
Rik Myslewski, 14 Sep 2012

Cray misses revenue targets for Q4

Veteran supercomputer-maker Cray has warned Wall Street moneymen to expect lower-than-forecast results for its 2012 financial report. Cray has been absolutely clear that the multi-petaflopping "Blue Waters" and "Titan" supercomputers being installed respectively at the University of Illinois and Oak Ridge National Laboratory …
The Register breaking news

Half of all app store revenue goes to just 25 developers

Apple's App Store and the Google Play store each claim to offer over 700,000 apps to choose from, but only a tiny fraction of them bring in significant revenue for their developers, according to research from analyst firm Canalys. In fact, the company says, of the $120m in total revenue generated from paid app downloads and in- …
Neil McAllister, 04 Dec 2012

Symantec scratches head over balance sheet, calls in JPMorgan

Reports say Symantec, struggling to reverse a revenue slowdown, has called in JPMorgan Chase & Co. to look at its options and help fend off activist shareholders. Symantec is a $6.7bn/year revenue company that is struggling to lift its earnings. The last quarterly report made that abundantly clear. It fired its CEO Steve …
Chris Mellor, 07 Apr 2014

Western Digital profits down despite revenue rise

Revenues for disk drive industry leader Western Digital's third fiscal 2013 quarter rose 24 per cent to $3.8 billion – compared to $3 billion a year ago – but profits fell 19 per cent. It's a hard life in the disk drive business. The previous quarter's revenues were $3.8 billion too; no change there, then. Third-quarter profits …
Chris Mellor, 24 Apr 2013
The Register breaking news

Vocus doubles revenue and data centre space

Dark fibre and data centre provider Vocus Communications has doubled its revenue in the first half of 2012 reflecting the company’s shift from a niche provider of wholesale Internet into a core provider of infrastructure based telecommunications services. Revenue for the first half of 2012 was $AU21.9 million, up 57 percent from …
Growth of internet advertising revenue to 2013

US biz spaffed more dosh on internet ads than TV spots in 2013

Advertisers in the United States have splashed more of their ad budgets all over the web than on the telly for the first time ever, the Interactive Advertising Bureau reported. Growth of internet advertising revenue to 2013 Read 'em and weep TELEVISION - growth of internet advertising revenue to 2013. Credit: IAB/PwC Online …
Gartner ECB storage trends

Gartner networked storage suppliers: Behold the Reg spaghetti-graphic

Gartner’s worldwide external controller-based disk storage numbers have come in - and we’ve graphed them for all the quarters since the start of 2011. Some caveats: These are disk storage numbers; no solid state storage is included, We calculated percentage shares and any errors are ours, Hitachi/HDS revenue excludes OEM …
Chris Mellor, 20 Mar 2014
money notes lifted up

Dell ups revenue threshold for top table resellers

Dell is trying to make its Premier club for resellers more exclusive by upping the enterprise revenue requirement to maintain the accreditation. But the move has caused some concern among the firm's channel fraternity, who are worried that the top tier will become the preserve of the largest resellers. The Texan tech titan …
Paul Kunert, 06 Jun 2012
Huawei campus Shenzhen

Huawei rakes in £2 BEEELLION in profits

Chinese tech success story and NSA spy target Huawei has seen profits jump by a third over the past year to 21 billion yuan (£2bn) on the back of strong growth from its enterprise and consumer businesses. The Shenzhen-headquartered firm cemented its place as one of the Middle Kingdom’s most internationally successful technology …
Phil Muncaster, 01 Apr 2014
Scrooge McDuck

Amazon mints a BILLION BUCKS from its cannibal cloud

Amazon's cloud division has brushed off competition from Google and Microsoft to report record revenue of $1.234bn, and grew its business abroad to historic highs as well. Amazon took in $1.234bn in cash in its "other" revenue segment in the fourth quarter of 2013, the company announced on Thursday, up from $1.011bn in the …
Jack Clark, 30 Jan 2014
Front view of the C8000 server chassis

IDC: A year of server revenue declines

Server unit shipments may have increased for eleven out of the past twelve quarters, but what matters more are revenues and profits – and according to IDC, the world's server makers have endured their fourth successive quarter of revenue declines in the period ending in September. The IDC box counters reckon that 2.1 million …

Foxconn boss: We're CROSSING Mexican border ... to bring TV-making jobs into US

The head of Foxconn has reportedly said that he is confident that the group, which includes the Hon Hai unit busily making iPhones, will see its revenue grow by 15 per cent this year. Terry Gou also said that the group was expecting to invest 10 times as much in the US in 2014, Reuters reported local media including the …

Official: British music punter still loves plastic

The UK recorded music industry grew 1.9 per cent last year according to the BPI, despite falls in revenue from sales of CDs and music videos. Amazingly, CD revenue fell only 6.4 per cent in 2013 year on year - and still forms the backbone of the industry. A full £365.4m out of the total of £716.8m comes from CDs and videos. …
Andrew Orlowski, 19 Feb 2014

Gartner gurus: Storage array market GREW at the end of 2013

Number-crunchers Gartner's external storage market gurus reckoned it returned to year-on-year growth in the last quarter of fiscal 2013. According to Gartner: “Worldwide external controller-based (ECB) disk storage vendor revenue totalled $6.3bn in the fourth quarter of 2013, a five per cent increase from $6.0bn a year ago.” …
Chris Mellor, 21 Mar 2014
The Register breaking news

Neo-Nazis scoop YouTube ad revenue from UK telcos

Neo-Nazis operating in the UK have reportedly used YouTube's advertising revenue-sharing system to gobble up payments from companies that include BT, O2 and Virgin Media. None of the telcos were aware that the right-wing extremists who had posted the videos on Google's website were exploiting the search giant's Adsense network, …
Kelly Fiveash, 22 Jun 2012
The Register breaking news

Facebook posts loss despite strong revenue growth

On Thursday Facebook gave its first-ever earnings report since becoming a public company, and although it posted a loss, it generally met analysts' expectations and showed strong revenue growth, aside from some nagging weaknesses in the mobile market. Wall Street was largely unimpressed, however, and Facebook shares began …
Neil McAllister, 26 Jul 2012
gavel_judgment_channel

Archive biz Crossroads lobs sueball at Cisco, NetApp and Quantum

Crossroads Systems Inc, a data archive solutions biz, is suing Cisco, NetApp and Quantum for allegedly using its patented technology in their storage products. The Crossroads lawsuit alleges infringement of U.S. Patents 6,425,035 and 7,934,04, part of Crossroads' '972 Patent Family. Crossroads wants monetary damages and an …
Chris Mellor, 19 Feb 2014

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 …

Google's tax returns are trop petite says Hollande

France has had enough of the tax shenanigans of American Internet giants, and President Francois Hollande is going to … talk to Barack Obama about the issue. Well, it's a start of sorts: specifically, Hollande says he's going to ask the US to get moving on tax law harmonisation, to deal with the notorious practise of making sure …

Bechtolsheim's baby Arista Networks heads toward IPO

Networking startup Arista Networks is filing for an IPO as the scrappy biz tries to wrestle share away from incumbents like Cisco and Juniper. The profitable upstart filed its S-1 form with the US Securities and Exchange Commission on Monday. Arista Networks' chairman is Andy Bechtolsheim, the co-founder of Sun Microsystems. …
Jack Clark, 31 Mar 2014
WD Caviar Green 2TB

Growing revenues, profits on the up: WD sails on serenely

WD’s latest quarter shows untroubled growth as the disk drive business sails serenely on, untroubled by any flash storm. For its second fiscal 2014 quarter, ended Dec 27, 2013, revenues were a clean $4bn, nicely up from the first quarter’s $3.8bn and the year-ago quarter’s $3.8bn. Net income was $430m, lower than the previous …
Chris Mellor, 23 Jan 2014
Scrooge McDuck

Lenovo cracks its first ever $10bn quarter

Lenovo sold a record-breaking 32.6 million pieces of kit in the last quarter, passing the $US10 billion (£6bn) revenue milestone for the first time. The PC giant’s third fiscal quarter ending 31 December saw revenue up 15 per cent year-on-year to $10.8bn (£6.5) and profits up even more, growing 30 per cent to $321m (£193m). The …
Phil Muncaster, 13 Feb 2014
graph up

Disk fab floods rinse $1bn off Intel's Q4 revenue

Chip maker Intel has slashed its final quarter outlook, admitting it will fall short of the company's previous forecast due to a hard drive supply shortage - sparked by flooding in Thai disk factories. The vendor said it now expects to bank Q4 revenue of about $13.7bn (£8.7bn), compared to an earlier prediction of $14.7bn for …
Kelly Fiveash, 12 Dec 2011
Vodafone on Piccadilly

Vodafone's Euro revenues slump by nearly TEN PER CENT

Vodafone's latest results make grim reading for the company's investors, with revenues in established markets falling and subscribers drifting away despite the firm's 4G investments. The British mobe operator's service revenues fell in Europe by 9.6 per cent and was only partially offset by gains in India and Turkey. The group …
Andrew Orlowski, 06 Feb 2014

Facebook-for-suits biz LinkedIn shares drop on weakened 2014 outlook

Shares in business networking site LinkedIn have dropped 7.8 per cent in after-hours trading, struggling back from an earlier low of 15 per cent, after it predicted weaker-than-expected results for the first quarter. The professional network said that it now anticipates revenue in the quarter of between $455m and $460m, falling …
Wheat harvest

BT fattens up its sales thanks to hearty fibre+footy diet

BT's wholesale wing continued on its downward spiral during the one-time national telco's third quarter, with sales tumbling nine per cent to £589m from £645m a year earlier. The company's total revenue of £4.6bn for the three-month period ended 31 December 2013 saw modest growth of two per cent as some of BT's other business …
Kelly Fiveash, 31 Jan 2014
CommVault profits

CommVault: Data-sifting cloudy archive shifter ... and now revenues lifter

CommVault's revenues are growing nicely, and so are its profits, but the rate of growth has slowed somewhat. The company supplies the popular Simpana backup, archive and data management software product. For its third quarter, which finished on 31 December, revenues amounted to $153.3m, a rise of 23 per cent from a year ago and …
Chris Mellor, 07 Feb 2014
The Register breaking news

Mobile voice revenue slowdown predicted from 2013

Ovum reckons revenue from voice will start dipping within two years, and the increasing data revenues won't be enough to replace it either. That's not to say that people are making fewer calls, but in developed markets we've long seen voice traffic rising as revenue remains static. Ovum's latest predictions are based on that …
Bill Ray, 20 Sep 2011
The Register breaking news

Microsoft reports record revenue, lackluster Windows sales

Microsoft has released its numbers for its most recent quarter, which show revenue growth of seven per cent over the same period last year. Its strongest growth on the back of sales of its Office suite. Overall revenues rose to $17.37 billion for the year, with Redmond's business division showing overall growth of eight per cent …
Iain Thomson, 20 Oct 2011
SanDisk 2.5in 32GB internal Flash drive

SanDisk flashes better-than-expected results. Right, let's upend our biz model

Flash card and SSD shipper SanDisk has ended a lovely-looking fiscal 2013 with four quarters of rising revenues and rising profits, contrasting well with the relative disaster that was fiscal 2012. But the company will have to move fast to address falling memory prices. SanDisk revenues and net income to fy2013 Chief …
Chris Mellor, 24 Jan 2014