Articles about Revenues

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IBM storage revenues sink: 'We are disappointed,' says CEO

IBM's storage revenues are continuing to slump, with the latest overall IBM results causing the abandonment of a long-term earnings/share goal. IBM's overall revenues for its third 2014 quarter were $22.4bn, down six per cent year-on-year and down 8.2 per cent sequentially. Net income was $3.5bn; it was $4.1bn in the previous …
Chris Mellor, 20 Oct 2014
seagate 1in 12gb hdd

Disk drive BIGNESS is back: Seagate revenues and shipments surge

Growth has returned to the disk drive business if Seagate's latest quarterly results are anything to go by. The raw numbers paint the picture perfectly. First quarter fiscal 2015 revenues were $3.8bn, nine per cent up on an annual compare and 15 per cent higher than the previous quarter. Seagate shipped 59.5 million drives, up …
Chris Mellor, 27 Oct 2014

C'mon, Brocade: QLogic's left the Fibre Channel game. Flat revenues again?

Analysis Brocade is a member of the flat revenue Earth society, with its mix of annual and quarterly Fibre Channel and Ethernet revenues hardly changing between last year and this year. Brocade’s fourth fiscal 2014 quarter revenues of $564m were up by one per cent year-on-year, up from $559m a year ago, and also up three per cent …
Chris Mellor, 25 Nov 2014
Dot Hill Assured_SAN_Ultra48

Storage array supplier Dot Hill: Revenues are down, but so are losses

Storage array supplier to OEMs has less to be dismal about with declining revenues but much less of a loss in its second quarter. The business isn't growing, but at least it is not shrinking. Revenues for the second calendar 2014 quarter were $48.2m, the same as the previous quarter but 8.4 per cent down on the year-ago quarter …
Chris Mellor, 12 Aug 2014

Flash daddy SanDisk: Revenues up, but Wall St unimpressed

SanDisk's third 2013 quarter showed a healthy annual and quarterly increase but subdued profits, while Fusion-io integration costs and mis-met Wall Street expectations sent the shares down a tad. Revenues were $1.75bn – a record. They were $1.63bn a year ago, meaning a seven per cent increase, and the same in the second 2014 …
Chris Mellor, 17 Oct 2014
No Sale

NetApp: Revenues are down – but own brand kit wasn't to blame

Revenues down, profits up and no growth for three years: that's the picture from NetApp's first fiscal 2015 quarter results. The quarter finished on 25 July, and revenues were $1.49bn. They were $1.52bn a year ago, a 2 per cent fall, and $1.65bn in the previous quarter, 10 per cent less and a seasonal pattern. Net income for …
Chris Mellor, 14 Aug 2014

Google's revenues swell yet again, yet big earnings elude it

Google continued to mint money in the second quarter of its fiscal 2014, with revenues booming compared to the year-ago period, yet its earnings still managed to disappoint eager Wall Street analysts who were expecting even greater returns. This quarter, the online ad-slinger posted revenues of $16.0bn, which soundly beat the …
Neil McAllister, 18 Jul 2014

EMC revenues are up. But, hey Joe, I heard you shot your profits down...

EMC sold a record $5.9bn of products and services in its second 2014 quarter, representing a stately five per cent year-on-year increase in sales - and a $400m boost over the first quarter of this year. EMC’s second quarter revenues are generally higher than its first quarter. Net income was $589m, 16 per cent down on profits a …
Chris Mellor, 23 Jul 2014

ARM brushes off dip in mobile revenues with sunny forecast for coming year

Chip design firm ARM has seen a dip in mobile sales that led to falling financial returns in the last financial quarter, a shift the company hopes will be temporary. The British-based company on Wednesday reported first-quarter results which saw revenues up by 16 per cent in dollar terms (10 per cent in UK pounds after adjusting …
Shaun Nichols, 23 Apr 2014
Somali pirates storm the box

BitTorrent not to blame for movie revenues, says economist

An economist known for sticking pins in big content's dire warnings about file sharing has produced a new study suggesting that BitTorrent's impact on movie revenues is small and sometimes even positive. Koleman Strumpf, who has taken the adding machine to RIAA and MPAA claims of monetary loss since the heyday of Kazaa, has …

Fat upstart Nimble embiggens revenues by 77% in ONE quarter

Nimble Storage is providing an object lesson in how to grow a startup after IPO, posting a 77 per cent jump in quarterly revenues – with revenue growth outstripping the loss increase rate. The firm saw revenues of $59.1m in its third fiscal 2015 quarter, compared to $33.4m a year ago and $53.8m three months ago. The net loss was …
Chris Mellor, 26 Nov 2014

Dell spits up storage revenues after gobbling promising upstarts

Dell's storage revenues are continuing to decline as the company fails to reap the benefits of its acquisitions. EqualLogic and Compellent were great startups but the stellar growth of those two units has not translated into stellar growth for Dell's storage revenues. In its latest quarter, which finished at the end of June, the …
Chris Mellor, 21 Aug 2013

Out of Luczo, Seagate? Revenues and profits are shrinking again

Seagate chairman and CEO Steve Luczo is watching his company's revenues and profits shrink for the second year in a row – Seagate’s immense disk business business is spinning more slowly these days. For its fourth fiscal quarter, ended 27 June, revenues were $3.3bn, 3.7 per cent down on last year’s Q4 and 3 per cent down on the …
Chris Mellor, 18 Jul 2014
Microsoft campus

Microsoft beats cloud drum as revenues remain solid but flat

Microsoft reported flat revenues and shrinking profits for the third quarter of its fiscal 2014, but that was still better news than the analysts were expecting to hear. On average, the Wall Street wizards polled by Yahoo! Finance were betting Redmond would take in revenues of $20.39bn for the three months ending March 31, with …
Neil McAllister, 24 Apr 2014
Isilon 3-node S200

Federal squeeze hits EMC as revenues and profits nose downwards

The US federal spending shutdown has hit EMC's results, causing declines in both revenues and profits compared to the previous quarter. In comparison, rivals VMware saw accelerated double-digit year-over-year revenue growth; no federal shutdown effect visible there. Third quarter revenues of $5.5bn were $100m less than the …
Chris Mellor, 22 Oct 2013
HTC

HTC looks to cheaper phones as revenues wane

HTC said that it will pull away from the premium smartphone market and focus its efforts on lower-cost handsets. The company said in its latest quarterly report, published on Monday, that the move would help the company improve its margins as HTC struggles to cope with plummeting revenues. The firm reported 42.9bn NT$ (New …
Shaun Nichols, 10 Feb 2014
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
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
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
Beached whale

Beached whale Symantec watches revenues recede 7%

Symantec’s latest results show that you can wring more profit out of declining revenues by slashing costs but its not enough to bring you back to growth. Revenues in its fourth fiscal quarter of 2014 ended 28 March were $1.63bn, seven per cent down year-on-year, but net profit jumped 14 per cent to $217m. The full year numbers …
Chris Mellor, 09 May 2014
Vendor storage rev percentages by Q

Grim outlook for Big Storage as revenues dip across board

Mainstream storage vendors seem to be in trouble as Dell, HP and IBM's storage revenues have tanked over the past two years. Stifel Nicolaus analyst Aaron Rakers created a spreadsheet comparing his records of how these vendors' storage revenues changed quarter by quarter. El Reg's storage desk charted the numbers: Vendor …
Chris Mellor, 24 May 2013

Slow'n'steady: NetApp's revenues flatline while profits increase

Coping crisply with slowing growth, NetApp's latest quarterly revenues declined year-on-year but its profits rose as a slowing storage market left it living in interesting times. It recorded revenues of $1.61bn in the quarter, compared to $1.63bn a year ago, a 1 per cent drop. Back in 2013 profits were $158m; for the quarter …
Chris Mellor, 13 Feb 2014
IBM Quarterly Storage HW Revenues

Reg man crunches IBM's storage hardware revenues

Analysis IBM's under-performing storage hardware business can be understood better if we look at the quarterly revenue numbers. For that to be made possible someone has to dive into IBM's results over the past few quarters and work out the storage hardware revenue numbers, seeing as IBM doesn't present them on a plate. That's what El Reg …
Chris Mellor, 24 Apr 2013
Oracle Termites

Oracle revenues miss expectations – AGAIN

Oracle posted lower than expected revenue for the first quarter of its 2014 financial year, making it the third consecutive quarter that the database giant has missed analyst expectations. Oracle announced revenues of $8.38bn and earnings per share of 59 cents on Wednesday, compared to the $8.48bn and EPS of 56 cents that the …
Jack Clark, 18 Sep 2013

MYRA HINDLEY found working in Capita's benefits & revenues unit

An eerie silence engulfed Capita this month when top brass informed the workforce that Myra Hindley was among them. No, the child murderer has not risen from the grave. Actress Hazel Mrozek, a part-time staffer at Capita's revenues and benefits business, has taken on a role playing Hindley in an upcoming TV programme. In a note …
Paul Kunert, 26 Jul 2013
WD WD TV Live

Growth, what's that? Storage firms tighten belts as revenues flatline

It’s results round-up day at the Register, with LSI, Mellanox, QLogic, Symantec and WD all filing their quarterly results. Here we go on a numbers blitz: Western Digital reported first fiscal 2014 quarterly revenues of $3.8bn and profits (net income) of $495m from making 62.6 million disk drives with an average selling price of …
Chris Mellor, 28 Oct 2013

EMC announces record revenues: But hey, Joe, where're the profits?

Hardware, virtualisation and services giant EMC has announced its first-quarter results for 2013 and while its finances are broadly positive, the devil's in the detail. EMC's revenues for the first quarter of 2013 were a record $5.39 billion - lower than Wall Street's estimates - and its profits were down by a smidge. The mid- …
Chris Mellor, 24 Apr 2013

Xyratex CEO: Don't judge us by our droopy revenues

Xyratex's second quarter revenues were a third less than a year ago, as were its first quarter revenues. With sales to NetApp continuing to decline and income from the new ClusterStor array still not covering its costs, Xyratex is set to shrink further this year. Revenues for the second calendar quarter were $216.2m, compared to …
Chris Mellor, 03 Jul 2013

More brutal PC numbers from Dell as revenues stay flat, profits sink

Dell announced its second-quarter earnings for fiscal 2014 on Thursday – five days early – and delivered a report that met analysts' expectations but once again showed a company struggling to remain profitable in the face of woeful trends in the PC industry. This was the second quarter in a row that Dell announced its results …
Neil McAllister, 15 Aug 2013
wall_street

Red Hat revenues rise but not enough for Wall Street

Red Hat is growing like a weed, and thinks that in a few years open source cloud computing could be worth more to it than the entire Linux market. The open source firm reported revenues of $348m on Wednesday for its fiscal Q4 2013, up 17 per cent year over year. Though the earnings saw big increases year-over-year, they were …
Jack Clark, 27 Mar 2013

Amazon's cloud revenues rocket up as company posts loss

Amazon's cloud division has contributed to over $1.6 billion in revenue in the e-retailer's nebulous "Other" category this year, as Bezos & Co.'s cloud continues its vertiginous rise. The "Other" category added $892m to Amazon's revenues in the second quarter of 2013, according to figures from the company's Q2 2013 earnings, …
Jack Clark, 25 Jul 2013

HP's plunging storage revenues could yet be saved

The good ship HP is being held back by many things and storage ain't helping, yet. The one brightspot there - 3PAR - can't overcome plunging revenues elsewhere. The company reported its second quarter of its financial 2013 revenues yesterday. Within the overall Enterprise Group, the storage segment declined 13 per cent year-on- …
Chris Mellor, 28 May 2013

IDC Storage Tracker in Hitachi Data Systems number-fumble

IDC's latest Storage Tracker used the wrong HDS numbers and mis-represented the company's progress. We at the great El Reg wrote about the third-quarter tracker here and reported that Hitachi external storage revenues fell 9.4 per cent in the quarter, compared with a year ago. However, we now learn from HDS that: In the IDC …
Chris Mellor, 11 Dec 2014
The Register breaking news

Google Play revenues leap 311% in 2012

Revenue from apps sold in the Google Play store have exploded this year, but they still have quite a way to go before catching up with the cash cow that is the iOS App Store. According to a new report by the app sales and download analysts at App Annie, Google Play sales revenue grew a hefty 311 per cent from January through …
Rik Myslewski, 30 Nov 2012
The Register breaking news

Xyratex shrinks ClusterStor to prop up sinking revenues

Xyratex has downsized its ClusterStor high-performance computing storage array with the scale-out storage 1500, hoping to add much-needed revenue growth by flogging departmental HPC storage. Like the existing 6000 and 3000 models it is a Lustre system with scale-out capability through modular building blocks. Xyratex's idea is …
Chris Mellor, 13 May 2013
Broken CD with wrench

Dell quarterly revenues down 8% on poor desktop performance

Wall Street analysts were expecting a drop off in Dell's business and they won’t be disappointed, with the company reporting revenues down 8 per cent for the second quarter of the year. Dell blamed the drop on poor performance in its PC and mobile divisions, saying that its consumer PC lines were down 22 per cent on the year and …
Iain Thomson, 21 Aug 2012
The Register breaking news

Facebook reports revenues up 40% but Wall Street says 'meh'

Mark Zuckerberg must be tearing at his hoodie after Facebook's shares dipped following the release of what are, on the face of it, very respectable quarterly results for his company. Revenues for Facebook's fourth quarter of fiscal 2012 stand at $1.585bn, up 40 per cent on this time last year, with advertising up 41 per cent and …
Iain Thomson, 31 Jan 2013
The Register breaking news

Microsoft revenues up as PC market recovers

Microsoft has reported strong financial for its latest quarter, with all divisions showing growth apart from its gaming division. Revenues for the quarter were $17.41bn, up six per cent on this time last year, and income grew 12 per cent over the same period to reach $6.37bn. Redmond reported it has also paid out $461m to settle …
Iain Thomson, 19 Apr 2012

Oracle posts flat revenues on slow software sales

Oracle execs were quick to talk up the company's cloud efforts during its Q4 2013 earnings call on Thursday, but slow software sales disappointed investors and sent Oracle's shares tumbling in after-hours trading. Total revenues for the fourth quarter of Oracle's fiscal 2013 were flat at $10.9bn when compared to the same period …
Neil McAllister, 20 Jun 2013
Mark Hurd and Safra Catz

Hurd'n'Catz leading Oracle to the cloud, but core biz still lags

Oracle beat analysts' estimates for once for the second quarter of its fiscal 2015, with an earnings report that otherwise showed only modest results. The database giant's total revenues of $9.6bn for the three months that ended on November 30 were better than expected, but still only amounted to 3.5 per cent year-on-year growth …
Neil McAllister, 18 Dec 2014

Storage firm Box: We're BIG enough... to FLOAT

Market concerns over the delayed public offering of personal cloud content manager Box could be easing, after it filed updated IPO documents showing reduced losses during a nine-month period in its fiscal 2015 year. The offering, with the S1 document filed in March, was delayed initially as players saw the growing losses as …
Chris Mellor, 11 Dec 2014
The Register breaking news

EE's revenues dip, but smartphones lure in 200k new contracts

UK telecoms giant EE's first annual results are in, showing cost savings and revenue growth wiped out by regulatory changes, but customer numbers are up - even if it's not 4G that's attracting them. The UK's biggest network operator posted full-year earnings of £1.41bn for 2012 before the numbers for tax and depreciation (EBITDA …
Bill Ray, 19 Feb 2013
chart

Return of the disk drive bigness? Not for poor old, busted WD

Western Digital has reported mixed numbers for its latest quarter, with a small revenue rise and a larger profits drop compared with the numbers it reported a year ago. Seagate reported sparkling numbers yesterday in comparison. For its first fiscal 2015 quarter, ended 3 October, revenues of $3.9bn were up modestly year-on-year …
Chris Mellor, 29 Oct 2014
EMC_REvs_To_Q3fy2014

EMC profits flatline as VCE joins the storage-tastic federation

For its third quarter EMC reported good numbers but the news is overshadowed by the expected VCE announcement and the activist investor pressure on the Hopkinton firm. EMC recorded a satisfyingly chunky nine per cent uptick in consolidated quarterly revenues for its third 2014 quarter – a round $6bn compared to $5.5bn a year ago …
Chris Mellor, 22 Oct 2014

Overland Storage becomes part of Sphere3D

Overland Storage is merging with Sphere 3D; two loss-making companies hoping to come good by coming together. Overland has become a wholly-owned subsidiary of Canadian Sphere 3D, and Sphere 3D Corporation will trade on Nasdaq. Both boards approved the deal as did Overland's shareholders; 99 per cent of the shares were voted in …
Chris Mellor, 05 Dec 2014
School of Rock

Hello, Mr Chips(et): Capita grabs bigger slice of UK IT education market

Capita gobbled up a larger piece of the UK's £800m education IT spending market in 2013, with sales up 9 per cent to £234m. According to analyst firm TechMarketView, the top 10 suppliers dominated the education IT market with combined revenues of £741m. Capita’s sales were bolstered by the acquisition of Northgate Managed …
Kat Hall, 19 Nov 2014

IBM, NetApp suffer as storage buyers shun mainstream suppliers

The disruptive influence of the largest service providers ignoring mainstream suppliers when buying disk storage has been highlighted for the first time in stats from IDC - big brands should sit up and take note. The IDC tracker* reports on worldwide total disk storage and external storage array sales, and in Q3 included …
Chris Mellor, 09 Dec 2014
VMware's monster VM

VMware profits flat-line even as services revenues grow

Say what you will about VMware, but it has been brilliant about extracting the most amount of profit possible out of what used to be a virtual monopoly on x86 server virtualization in the data center. But competition from Microsoft and various open source alternatives, particularly the OpenStack-KVM combo, is putting the squeeze …
Yahoo! CEO Marissa Mayer

Marissa! Mayer! ends! 21! month! dry! spell! as! Yahoo! sales! grow!

Yahoo! is living in hope of a financial resurgence as the company logged a rare uptick in revenues. The Purple Palace said its third-quarter GAAP revenues rose one per cent over the same period last year to $1.148bn, up from $1.139bn in 2013. This marks the first time in seven quarters the firm was able to increase GAAP revenues …
Shaun Nichols, 21 Oct 2014
A United Launch Alliance Atlas V rocket prepared fro launch in 2002. Pic: United Launch Alliance

Chip titan Micron shows off Elpida-fattened bottom line

US semiconductor chipper Micron has boosted its memory and flash business revenues with its purchase of Rexchip and Elpida, announcing record fourth quarter and fiscal 2014 year revenues. Fourth quarter revenues were $4.23bn, six per cent more than the previous quarter and, the Elpida boost kicking in, 49 per cent higher than …
Chris Mellor, 29 Sep 2014