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Articles about Revenues

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
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
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
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

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
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
IBM Quarterly Storage HW Revenues

Reg man crunches IBM's storage hardware revenues

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

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

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

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

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
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

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
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
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
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

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
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
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
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 …
The Register breaking news

Vodafone revenues hit as customers in Europe hang onto their cash

The end of Vodafone's financial year saw the company writing down £7.7bn in assets, leaving it with a profit of only £673m based on annual revenue which declined 4.4 per cent to £44.4bn. The revenue drop was the largest ever for the telecommunications giant, it said. The bright spot in the Vodafone numbers was again Verizon, …
Bill Ray, 21 May 2013
Quantum LTO-6 Ultrium tapes

Quantum: OK, we're not flogging as much as hoped, but at least we only lost $2.4m this time

Quantum's revenues declined in its third quarter but its losses shrank much faster. The third fiscal 2014 quarter, which finished on 31 December, saw revenues of $146m, down 8 per cent on the year-ago number, but with the expected seasonal hike up from the prior quarter’s $131.4m. There was a net loss, which we hadn’t expected …
Chris Mellor, 31 Jan 2014

Server revenues decline in the third quarter

The server racket continues to be impacted by issues throughout the global economy and intense competition between incumbent players, upstarts, and those making their own hyperscale boxes. Shipment growth is anemic, revenues were down, and it is very likely that profits were down even further, according to the latest data. In …
Nvidia Tegra 4 mobile chip

Nvidia revenues fight the PC tide, but annual profits pinched

Graphics chip and processor wannabe Nvidia turned in its numbers for its final quarter of fiscal 2013 after markets closed on Wednesday, and the top and bottom lines were more or less in line with expectations, given the cutthroat nature of the PC, smartphone, and tablet markets these days. In the quarter ended on January 27, …
Dell Latitude 10

Notebook price war slams Dell's revenues, slashes profits

A price war at the low-end of the notebook PC market where Dell has chosen not to participate plus a slump in PC sales where it is fighting to win buyers is wreaking havoc on Dell's financials. In the company's third quarter of fiscal 2013 ended on November 2, consumer mobile PC revenues were down a staggering 30 per cent. The …
The Register breaking news

Yahoo! revenues! continue! to! decline!

Yahoo! has released disappointing results for its fourth quarter, with earnings down 5 per cent and revenues falling a further 13 points. Revenues excluding traffic acquisition costs (TAC) fell three per cent to $1.17bn, compared to $1.21bn this time last year, although income from operations did increase by 10 per cent to $242m …
Iain Thomson, 24 Jan 2012

AMD posts $1.4bn in sales, beats Wall Street moneymen's predictions

AMD has announced its financial results for its first fiscal quarter, and the chip designer handily beat analysts' expectations in both revenues and the all-important – to the Wall Street moneymen, at least – earning per share (EPS). On both a GAAP and non-GAAP basis – which excludes one-time items* – AMD reported revenues of $1 …
Rik Myslewski, 17 Apr 2014
ho, ho, ho

A server bonanza is for Christmas, not for life: Xmas boost hides slump

One sequential bounce in EMEA server shipments and revenues doesn't a recovery make, but last year's Chrimbo quarter may have cheered hard-pressed suppliers, judging by the figures. The latest IDC data shows some 606,000 systems were sold across the region in the final three months of 2013, up 13.2 per cent on the previous …
Paul Kunert, 19 Mar 2014
wall_street

Oracle takes an arrow to the EPS: It's that darned strong dollar... again

Oracle is claiming a $9.3bn haul of revenues, up 4 per cent year-on-year, in its third quarter of fiscal 2014 – but that fell short of Wall Street analyst earnings expectations. The company said that on the quarter it saw GAAP earnings per share of $.56, up 8 per cent and just short of the projected 10 per cent increase. Overall …
Shaun Nichols, 19 Mar 2014
Google sign outside Mountain View headquarters

Google's latest mega-earnings fail to impress shareholders

It's hard to be disappointed about quarterly revenues of $15.42bn – unless you're Google, that is, and the analysts expected you to bring in even more. The online ad-slinger underperformed in both revenue and earnings per share during the first quarter of its fiscal 2014, based on the average estimate gathered by Yahoo! Finance …
Neil McAllister, 16 Apr 2014

Intel sees 'signs of improvement in the PC business' but earnings remain 'Meh...'

Intel has posted its financial results for its first quarter of fiscal 2014 that were either marginally lower or higher than analysts' estimates, depending upon which analysts you trust. Chipzilla reported revenues of $12.8bn for the quarter, with net income of $1.9bn and the all-important earnings per share (EPS) coming in at $ …
Rik Myslewski, 15 Apr 2014
fingers pointing at man

EMC revenues explode in Q2

EMC second quarter 2011 results are extremely good with record-breaking, double-digit growth all over the place, and only the Information Intelligence stuff down in the dumps. Second quarter (Q2) revenues were $4.85bn, 20 per cent higher than Q2 2010's $4.02bn. Net income rose to $546.5m, up a stonking 28 per cent on the $426m …
Chris Mellor, 20 Jul 2011
LSI WarpDrive SSD

Wall Street gives LSI 16% fist-bump for quadrupling flash revenues

Integrated circuits and storage systems biz LSI scored $622m in revenues in its second 2012 quarter, 26 per cent higher than a year ago and 6 per cent higher than the first quarter after "better-than-expected growth". Profits were $59m, 11 per cent up on the year-ago profit number but $16m less than the first quarter. But the …
Chris Mellor, 27 Jul 2012
Seagate Ultra Mobile HDD

Seagate plods along steadily despite promise of Xyratex buyout

Up and down: Seagate's second fiscal 2014 quarter grew looking back one quarter, but shrank looking back a year. Revenues for the quarter ending 27 December were $3.53bn. Last quarter saw revenues of $3.5bn so we saw a little bit of growth – but a year ago revenues were $3.67bn, so we saw shrinkage. Net income was $428m; last …
Chris Mellor, 28 Jan 2014
Virgin Media Central Headend

Tough times in the server market, even though more iron moved in '13

The market dynamics were all wrong for folk building and supplying server boxes in 2013 - in the year that shipments reached a record nine million milestone, factory revenues tumbled. IDC is the second beancountery in as many days to publish less than flattering stats, with unit sales rising 3.2 per cent on calendar '12 but the …
Paul Kunert, 27 Feb 2014
The Register breaking news

Micron's revenues circle drain for third straight quarter

The numbers are straightforward. In its second financial 2012 quarter, ending 1 March, DRAM and NAND maker Micron sold $2.1bn of chips and SSDs and made a loss of $224m. This reflects the deepening of a trend that has been underway for seven quarters, with declining revenues and falling profits turning into losses. If you have a …
Chris Mellor, 23 Mar 2012

Apple's iTunes 'n' App Store rakes in half the mazuma of Google's ENTIRE core business

Here's your fun stat for today: Apple's iTunes, Software, and Services group has gross revenues of about half that of Google's entire core business – excluding Motorola and "Other" – and those revenues are rising faster than Google's. Apple's iTunes Group's gross revenues compared with those of Google's core business In …
Rik Myslewski, 11 Feb 2014

El Reg drills into IBM: The storage biz's got that sinking feeling

With the tremendous noise of chickens coming home to roost, IBM's first quarter storage revenues carried on crashing down with depressed revenues. We covered IBM's overall results here and pointed out that IBM's poor hardware product-based revenues were dragging the overall results down. Within that segment, storage results were …
Chris Mellor, 17 Apr 2014

Floating mutant, hidden profit: Nimble reveals first post-IPO results

Mutant flash-disk arrays are apparently continuing to disrupt the storage market, judging by hybrid array-slinger Nimble Storage's business in the period to the end of January this year. It recently revealed both the quarter which included its IPO and its full year results. Hybrid arrays juice cheap disk capacity with a dash of …
Chris Mellor, 04 Mar 2014

High-end SAN peddler Dot Hill delivers profit – market says 'meh'

Three consecutive quarters of profit and a full year profit after seven years of losses: Dot Hill is looking good and CEO Dana Kammersgard can breathe more easily. Fourth quarter 2013 revenues were $58.8m, up sequentially from the prior quarter's $52.6m and even more than the year-ago quarter's $44.1m; it's up 29 per cent, in …
Chris Mellor, 07 Mar 2014

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
IDC WW disk systems revenues to Q3 2013

UNSTOPPABLE data GROWTH in storage has ... er, stopped

The global disk storage market shrank 5.6 per cent from the third quarter last year to the third quarter this year, the third quarter of decline in a row. IDC’s Worldwide Quarterly Disk Storage Systems Tracker says the third 2014 quarter saw total disk storage systems revenue of $7.44bn, compared to $7.88bn a year ago, and down …
Chris Mellor, 11 Dec 2013

CEO: NetApp revenues falling, but 'we aren't in a clampdown'

The brakes went on NetApp sales in its latest quarter with no growth and profits more than halved, but it is not seeing a downturn which could lead to potential restructuring. The company recorded revenues of $1.445bn for its first fiscal 2013 quarter, 1 per cent down annually but a 15 per cent drop from the previous quarter. …
Chris Mellor, 16 Aug 2012
Starship Enterprise

HP storage bods: We're not up there with EMC, but we're CRUSHING IBM

HP’s annual storage sales are growing much faster than IBM’s, but are eclipsed by the revenue growth of storage front-runners EMC and NetApp. Stifel Nicolaus MD Aaron Rakers has computed the annual percentage change in storage revenues for the companies and we charted his numbers: Major Storage vendors annual revenue changes …
Chris Mellor, 27 Nov 2013