Articles about Revenue Drop


IBM up and optimistic in Q3

IBM's showed a modest revenue increase for the third quarter, but results were good enough for the vendor to say that the IT market has stabilized and even to say it will add 10,000 workers next year. IBM posted revenue of $21.5 billion for the period, which marks a 9 per cent increase over the $19.8 billion posted in the same …
Ashlee Vance, 15 Oct 2003
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CMGI plunges deeper into the Red Ink Sea

CMGI, the dotcom investor/conglomerate, saw losses top $2.5bn for its second quarter - and it forecasts a sales slowdown for the next few months. The Massachusetts-based company recorded a net loss of $2.56bn, or $7.86 per share, for the period ended January 31 2001, compared to a loss of $186 million, or 74 cents per share, …
Linda Harrison, 13 Mar 2001
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Samsung dons TFT-LCD crown

Korea's Samsung Electronics sold the most large TFT-LCD panels in Q4 last year, against a backdrop of disappointing industry sales worldwide. Large area (10.4 inch and above)TFT-LCD panel shipments were 1.035 million less than expected - falling one per cent on the previous quarter to 8.4 million, according to a survey by Texan …
Linda Harrison, 15 Mar 2001

Siebel teams with IBM in software climbdown

Siebel has formed a partnership with IBM to sell its CRM software over the internet as a low cost monthly subscription service. This represents a climbdown by CEO Tom Siebel, who vocally dismissed the subscription model two years ago after a failed initial experiment with a spun-out business called This was merged …
News IS, 03 Oct 2003
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MS turns in whopping 41 per cent net profit

Despite Microsoft's first quarter ending 30 September showing 7 per cent lower revenue than the previous quarter, as well as net income down 0.5 per cent, this is not the story being reported today. Microsoft prefers to make comparisons with the year-earlier quarter, which shows its results in a better light. Revenue was $5.38 …
Graham Lea, 20 Oct 1999
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HP overshoots on Q1

ComputerWire: IT Industry Intelligence Does the fact that Hewlett Packard Co did a little better than expected in its first fiscal quarter mean that the $25bn merger with rival Compaq Computer Corp is a good idea, as chairman and CEO Carly Fiorina clearly believes, Tim Prickett Morgan writes Or does it mean that, as founder's …
ComputerWire, 14 Feb 2002