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Articles about Second Half

The Register breaking news

Sprint offers $2.2bn to acquire second half of Clearwire

Sprint, which already owns 51.7 per cent of wireless broadband service provider Clearwire, has announced a deal to acquire the remaining (nearly) half in a deal that would pay $2.97 per share to that company's minority shareholders – a deal that is in no way a slam dunk. "Today we are announcing that the boards of directors of …
Rik Myslewski, 17 Dec 2012

SanDisk revived by Apple juice after first half bloodbath

SanDisk is continuing its climb back to health after the first half horror show, with revenues and profits both recovering well. The numbers: revenues for the final 2012 quarter were $1.54bn, just 2.3 per cent down on the last 2011 quarter but a satisfying 21 per cent up on the third 2012 quarter - cue big sighs of relief. …
Chris Mellor, 28 Jan 2013
Micron RealSSD

Chipper chipmaker Micron shows off boosted bottom line – gee, thanks, Elpida

Memory chipmaker Micron Technology – still riding high on the announcement that its on-package memory will bolster Intel's "Knights Landing" processor – has announced what appear to be cheery results today. Its fiscal 2014 quarter revenues were $3.98bn, 3 per cent lower than the second quarter of fiscal 2014 but a whopping 72 …
Chris Mellor, 24 Jun 2014
Quanta QCT server racks

A second opinion on sucky second quarter server sales

Global server sales remained in the doldrums during the year's second quarter, says new data from Gartner whose bean counters have found revenues off 2.9 per cent to $12.86bn against a slight 1.4 per cent shipment rise to 2.37 million boxes shipped out to customers between April and June. The x86 server continues to dominate in …
Troll in cross hairs

Trolls and victims watch Supremes for definition of meaningless patents

A patent dispute over a fitness technology running in the US Supreme Court will decide just how vague a patent has to be before it becomes meaningless. The long-running lawsuit (it was first filed in 2004) is between iron-pumping-powerhouse Nautilus and bio-monitoring specialist Biosig. Biosig's original complaint was that …

Kaboom: Delayed patent bomb hits SAP in the Q2 profit

Sales of new software for SAP saw a minor improvement this spring while cloud grew so fast the giant has upped its estimated figures for the year. But for all the positives, a patent bomb took a hefty chunk out of SAP’s profits in the second quarter. SAP reported a three per cent increase in total revenue for the period to 30 …
Gavin Clarke, 17 Jul 2014
hands waving dollar bills in the air

RM investors spared a second heart attack in latest numbers

Beleaguered education IT supplier RM had no surprises in its fiscal Q1 trading update, bearing in mind that its sales tend to stroll in during the second half of the year. The firm has carved up non-core parts of the operation and flogged or closed them, launched a redundancy programme and got rid of two chief execs since a …
Paul Kunert, 26 Mar 2012
NBN Co logo

NBN Co reveals 1 Gbps business plans in new product roadmap

NBN Co, the entity charged with building and operating Australia's national broadband network (NBN), has released a detailed product roadmap stretching out until 2016. The document (PDF) offers a few interesting insights into the network's progress. One item of special interest is a promised “Enterprise Ethernet Service” that …
Simon Sharwood, 01 Jul 2014

Serco issues shares to plug finance gap after profit warning

Serco is looking to plug the gap in its finances from weaker-than-expected results via a share placement estimated to haul in £100m worth of filthy lucre. This follows yesterday's latest profit warning and confirmation that long-standing CFO Andrew Jenner is to quit after 17 years of counting beans, once a successor is found …
Paul Kunert, 01 May 2014
Flash_Writing_on_the_wall

Wham, bam, thank you NAND: SanDisk SSD sales soar

SanDisk sales are booming, based on its NAND foundry integration and well-executed move into enterprise storage. Record second quarter revenue of $1.63bn was 11 per cent up year-on-year. Net income was £274m, 4.6 per cent more than a year ago – with revenues growing faster than profits. SanDisk supplies consumer and business …
Chris Mellor, 17 Jul 2014
Azure icon

Microsoft: Take a seat over there, SAP, on the AZURE CLOUD

SAP’s business applications have landed on Microsoft’s Windows Azure cloud infrastructure service. The German software giant and the Redmond IT juggernaut said on Monday that a number of SAP’s business applications will be certified on Microsoft’s cloud by the end of June. Among this software will be SAP's Business Suite, All- …
Gavin Clarke, 19 May 2014
SanDisk 4GB Micro SDHC

SanDisk surfs cash tsunami on biz SSDs: Prelim nice, but DIMM?

SanDisk is on a revenue roll, with the first quarter of 2014 showing a 62 per cent profit rise on an annual compare, driven by rising enterprise SSD sales. For the first three months of the year [prelim report PDF], to March 30, SanDisk revenues were $1.51bn; they were $1.34bn a year ago, meaning a 13 per cent uptick, although …
Chris Mellor, 22 Apr 2014

Can nothing trip up the runaway cash monster that is Intel? Well...

Intel posted solid earnings for the second quarter of its fiscal 2014 on Tuesday, yet for all its encouraging growth, Chipzilla remains hard hit by the soft PC market and it still shows worrying weakness in the otherwise-booming mobile sector. Total revenues for the three months ending June 28 were $13.8bn, a 7.8 per cent year- …
Neil McAllister, 15 Jul 2014
NAKIVO

Nakivo: Yet another VMware server backup biz going bananas

Thirty-month-old startup Nakivo has erupted into view as an alternative to Veeam for VMware server backup, claiming more than 3,000 customers and a triple-digit growth rate. Nakivo Backup & Replication provides VMware server backup and replication to the SMB market with disaster recovery and business continuity features. It has …
Chris Mellor, 18 Jul 2014
padlock

Palo Alto Networks splashes $US200 million on Cyvera

Palo Alto Networks has announced that it's buying Tel Aviv-based Cyvera for $US200 million, including $US88 million in cash. The attraction is the Israeli company's TRAPS (Targeted Remote Attack Prevention System), an endpoint protection system for Windows machines, which PAN will add to its existing firewall and cloud security …
cloud

Sage butters up SMEs in fiscal first half

British software outfit Sage saw a mild upswing in pretax profit and revenue in the first half of its fiscal year as SMEs tentatively splashed some cash. The company's boss Guy Berruyer attributed the gentle rise to an "increase in business confidence for SMEs in the period". Sage reported pre-tax profit was up 5 per cent to £ …
Kelly Fiveash, 04 May 2011

Drooping smartphone sales mean hard times ahead for Brit chipmaker

British chip firm Imagination Technologies has said that a slowdown in the top end of the smartphone market, where Apple and Samsung dominate, will hit the number of chips it ships in the second half of the year. The company warned that it now expected its partners, including the fruity firm, to need between 580 million and 630 …

APAC PC sales plummet 11 per cent after political upheaval

Global PC growth engine APAC suffered a record eighth consecutive quarterly decline in the first three months of 2014 thanks to political upheaval in the region and the continued popularity of smartphones and tablets, according to IDC. The analyst’s preliminary APAC (ex Japan) PC shipment stats for the period revealed an 11 per …
Phil Muncaster, 24 Apr 2014

Sync'n'share firm Box secretly files for IPO

Enterprise-focused file sync'n'share outfit Box has secretly filed an IPO intention with the SEC and not shared it with anybody in advance, according to media outlet Quartz and others. Box is fighting it out with Dropbox for the lead in the enterprise file-sharing market, which is largely based on putting files in a cloud …
Chris Mellor, 03 Feb 2014
Santa Claus on his laptop

Santa brings Dixons £31m profits as ghost of Comet is laid to rest

Christmas has come early for the bosses of Dixons Retail Group, which has announced an encouraging boost in profits and sales. Dixons, which also owns Currys and PC World, said its sales were up thanks to steady cutting of less profitable subsidiaries. In the UK and Ireland, operating profits surged up to £31.4m, five times the …
Team Register, 17 Dec 2013

Telstra flogs phone books to Platinum Equity

Mere days after Telstra was rumoured to be selling its Sensis directory division for “as much as $AU3 billion” the carrier has closed the deal for the fire-sale price of $AU450 million. The sale puts 70 per cent of Sensis in the hands of US private equity firm Platinum Equity – putting a total valuation on the division at around …
Photo of the Starship Enterprise's sick bay

PCIe flash card world reshuffled: Violin Memory flogs Velocity

Violin Memory is recovering in sickbay after the flash array company amputated its PCIe card business through a sale announced today and flagged up its drooping revenues in the second half of its fiscal year. Revenues for its first financial 2015 quarter, which finished on 30 April, were $18.1m, 27 per cent down on the same …
Chris Mellor, 30 May 2014
A boat full of Fail

Stock and awe: Top City biz takes £32m hit after software upgrade axed

A leading City firm has halted the roll-out of software that was supposed to streamline its business but became more trouble than it was worth. Specifically, £32m of trouble. Brewin Dolphin, in Smithfield St, London, alleged to investors it encountered “issues” with the "robustness" of a specialist financial application. It …
Gavin Clarke, 19 May 2014
SanDisk_SSD_detail

Shocking new low for SanDisk – 15nm flash chips rolling out its fabs

SanDisk has powered up the smallest NAND process in the industry, 15nm, meaning it should be able to get more working flash chips from each silicon wafer – and thus lower its costs. It's calling this technology "1Z", as 1X is below 20nm, and 1Y is between that and 15nm. These alphabetic suffix boundaries are not standard, and …
Chris Mellor, 24 Apr 2014
Actifio's single protection silo and virtual copies

Storage weight-loss wonder Actifio slurps $100 million cash pot

File copy reduction startup Actifio has just been give $100m in a funding round to grow its business. Its Copy Data Storage platform product makes a master snapshot copy of production data and presents virtualised copies of it for test and dev, protection, business continuity, disaster recovery, archiving and analytics use. …
Chris Mellor, 24 Mar 2014
Foxconn_7950GX2

Foxconn devours $390m stake in Taiwanese 4G mobe network

Apple supplier Foxconn is planning to buy a stake in Taiwanese mobile operator Asia Pacific Telecom for $390m to gobble up more of the country’s early 4G market. Foxconn, which is listed on the Taiwan stock exchange as Hon Hai Precision Industry, said in a filing with the market that its subsidiary Ambit Microsystems would pay $ …
The before and after effects promised by Dove's fake Photoshop action

Adobe all smiles as beret bods spaff cash on non-cloud Creative Suite

A late rally from Adobe customers wanting to buy software on a perpetual license before that option closed this month, coupled with a swelling base of cloudy converts, helped boost the developer's coffers in its fiscal second quarter. Adobe turned over $1.07bn in revenues in the three-month period ended 30 May, up from $1.01bn a …
Paul Kunert, 18 Jun 2014

Notebook sales to surge, says notebook seller

Global notebook sales may be in the crapper, but according to the chairman of the company manufacturing notebooks for Acer, Dell, Toshiba, HP, and others, the bluebird of sales-revenue happiness will sing again in the second half of this year. On Thursday, Compal Electronics chairman Ray Chen told an investors conference that …
Rik Myslewski, 11 May 2013
Shane Robison

Flashy Fusion-io pleads the fifth – the fifth loss-making quarter, that is

Despite revenues rising steadily, Fusion-io cannot stem its cash bleed: it lost $30.7m in the third quarter of fiscal 2014, a 54 per cent increase on the loss it recorded in the same period a year ago. Revenues from the just-ended quarter were $100.5m, 15 per cent up on the year and six per cent more than the second quarter; …
Chris Mellor, 24 Apr 2014

Apple to protect your gently roasting rear with 'iTanning' system

Apple's new iWatch will come fitted with an ultraviolet light detector to stop fanbois and fangurlz from scorching themselves in the hot summer sunshine, an analyst has predicted. Blayne Curtis, a chip analyst with Barclays, was quoted by a Barrons' blogger as saying the UV sensor would be installed to help health-conscious …
Jasper Hamill, 08 Apr 2014
channel

Morse expects second half revenue dip

Morse expects to report a slight dip in revenues from continuing operations in its second half compared to its first half of the year, the company announced in a trading update this morning. The services group said its margins on that revenue would reflect the benefit of its cost cutting program through the year and the …
Joe Fay, 09 Jul 2009

Snappy snaps: Veeam cuddles up to NetApp for storage selfie

Virtual server backup startup Veeam is integrating its Backup and Replication product with NetApp’s Snapshot, SnapMirror and SnapVault. Veeam backups up VMware and Hyper-V servers and virtual machines, but not storage arrays. It states: “Storage snapshots allow backups to take place during business hours without affecting …
Chris Mellor, 08 Apr 2014
Singapore Condos

Silicon bungalow? Nah, I'll have SK Hynix's 4-storey flash condo

DRAM and flash fabber SK Hynix is set to mass produce 3D NAND by the end of this year, while Micron Technology sees its own 3D mass production kicking in during the second half of 2015. By building NAND chips with layers of current planar cells (known as 2D NAND) the amount of capacity in a chip's footprint can be raised without …
Chris Mellor, 28 Apr 2014

UNREAL, dude: Nvidia uncloaks Tegra K1 graphics monster for your mobile ... and CAR

Nvidia has unveiled two versions of a new Tegra mobile processor aimed at both radically improving graphics performance of mobile gaming and putting "a supercomputer in your car," in the words of company co-founder and CEO Jen-Hsun Huang. The new chip, dubbed the Tegra K1, has "the heart of GeForce and the soul of Tesla," Huang …
Rik Myslewski, 06 Jan 2014

Google opens up data on secret data collection orders

Google has followed Apple's lead and published data on the secret orders it receives to hand over customer's information under the provisions of the US Foreign Intelligence Surveillance Act (FISA). According to the data, Google got between zero and 999 FISA requests every six months since 2009 for both content and non-content …
Iain Thomson, 03 Feb 2014

Battery-production problems delay anorexic 5.5-inch 'iPhone Air'

The challenge of developing a battery slim enough for a 5.5-inch iPhone, nicknamed (暱稱) the "iPhone Air" by the parts-supply industry, may push that handset's introduction back until next year. So reports the Chinese-language news service Commercial Times (Google Translate). The same article also reports that a 4.7-inch iPhone …
Rik Myslewski, 22 Apr 2014
Handshake

Japan, Europe to shake hands on China-deterring tech deals

Japan looks set to sign a number of agreements with Western allies in the coming weeks, in what appears to be a series of moves designed to keep China in check militarily and in cyber space. A Tokyo official said on Tuesday that PM Shinzo Abe is planning to finalise a deal with French president Francois Hollande next week which …
Phil Muncaster, 30 Apr 2014

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

Top dog EMC’s dilemma: Seasonal dip or long-term problem?

One swallow doesn’t make a summer nor one frost a winter. Does the dramatic drop in EMC’s VMAX revenues represent a long-term change or just a product transition blip? While other parts of EMC Information Infrastructure – the non-VMware and non-Pivotal storage core of EMC’s federation – grew strongly in its first 2014 quarter, …
Chris Mellor, 24 Apr 2014
Samsung flexible curved TV

Rumour: Next Apple iThing to feature 65-inch screen. Four-limb multitouch, anyone?

Apple is rumoured to have ordered some 65-inch LED panels, which some say might be used to build a huge new iTelly. According to voluble Korean analysts, an unnamed firm is working with Cupertino to produce the epically large screens. “The company is making 65-inch organic light-emitting diode sample panels for Apple’s iTV in …
Jasper Hamill, 07 Apr 2014
For Sale sign detail

RM must try harder in second half

RM has pinned its hopes on the second half of the year after turning in sluggish revenue growth and a slide in profits for the first six months. The education supplier pulled in revenues of £117.6m for the first half, up just 1.8 per cent on the year. Pre-tax profits were £184,000, compared to last year’s £5.6m. This year’s …
Joe Fay, 12 May 2008
OCP WInterfell

HP: You know what's hot right now? Cloud* storage

Cloud storage is hot, according to Meg Whitman, HP’s CEO, who spoke of her "excitement" in the Q2 results earnings call. Whitman said: I'm very excited about some of the innovations that we'll be rolling out in the second half of the year from our server, [cloud]* storage, technology services and converged systems team. We're …
Chris Mellor, 25 May 2014

LinkedIn joins Yahoo!, Google in squeezing gov for NSA request info

LinkedIn has joined Yahoo! and Google in lobbying the US government to let it tell the public how many super-secret requests from spies it gets for user data. The career network said on Tuesday that it has filed a legal challenge with the US government to let it be more open about the number of spy requests – "National Security …
Jack Clark, 18 Sep 2013
FalconStor CEO Gary Quinn

'Member when we were running out of cash? Whew... thank goodness that's over – FalconStor

FalconStor is moving on from its near-death experience last year, when, according to CEO Gary Quinn, it had just six months of cash left. The new chief now plans to build on its recovery by returning the firm to its roots with a unified software product. He also spoke of the firm taking on EMC's VPlex and IBM's SVC with its …
Chris Mellor, 04 Jun 2014
wall_street

Citrix share price tumbles on profit warning

Citrix issued a profit warning last night when rolling out preliminary financial data for calendar Q2, sending its share price crashing by 12 per cent. The mobility, desktop and virtualisation vendor said earnings per share (EPS) were estimated to be in the $0.39 to $0.40 cent range, compared to its previous guidance of $0.41 to …
Paul Kunert, 10 Oct 2013
big droplets falling from rain cloud

'Wait a minute!' puffs VMware as it trots after Amazon, Microsoft in US gov cloud grasp bid

It feels like every company is pushing cloud computing on the hoi polloi, but they all recognize the need to give the US government something special – and VMware is no different. The virtualization specialist announced today it is pursuing a crucial federal certification known as FedRAMP with help from managed hosting biz …
Jack Clark, 04 Mar 2014

Cheap, backwards-compatible PCIe 4.0 on track for 2015 2016

Development of the fourth generation of PCI Express – unsurprisingly dubbed PCIe 4.0 – is moving along nicely, but don't expect the final specification to be completed until at least late 2015 or more likely early-to-mid 2016. That's the bad news. The good news is that moving up to the new 16 gigatransfers-per-second standard – …
Rik Myslewski, 10 Jun 2014

Boffins flip optics to make booster-free superfast fibre

A group of researchers led by a Monash Univeristy PhD student has demonstrated an all-optical technique for dealing with nonlinearity – something that considerably boosts the throughput of an optical system. The demonstration is important for two reasons. One is that fibre optic cables used to transport signals over long …
Amusement park slide

WD results confirm it: Disk buyers ARE spending less

Is there a disk drive sales slump? Seagate's latest quarterly results suggested it and now WD's results confirm it. Enterprise disk drive buyers are spending less money. Despite all the marketing/analyst guffery about data bloat driving storage sales, both Seagate and Western Digital have seen lower sales in the last three …
Chris Mellor, 01 May 2014
Mustang drag racer

Dell tanks up with hot Fluid Cache, drives databases twice as fast

Dell has extended its Compellent array's automated data tiering to place hot data in connected server's PCIe flash caches, nearly doubling database access speed, increasing user counts 6 X and lowering per user costs by 70 per cent. The news of the Fluid Cache for SAN product came at Dell's Enterprise Forum in Frankfurt. Marius …
Chris Mellor, 15 Apr 2014