Articles about Three Months

The Register breaking news

Amazon braces for the Grinch at Christmas - or not

Amazon.com had a decent third quarter but has scared investors by giving an almost absurdly broad estimate of fourth quarter revenues and profits. Amazon made sales of $4.26bn - up 31 per cent - in the three months ended 30 September 2008, just missing Wall Street targets. Operating income was up 26 per cent to $154m, while …
John Oates, 23 Oct 2008
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VMware freezes hiring, gives chilly outlook

Virtualisation company VMware increased turnover by 32 per cent in the last three months, but warned that earnings for the year are likely to be on the low side of previous estimates and that it has started a hiring freeze. Revenues were $472m in the third quarter of 2008 and the firm made GAAP operating income of $101m - up …
John Oates, 22 Oct 2008
The Register breaking news

Nokia hands Qualcomm €1.7bn to close patent dispute

Nokia has finally revealed the price it paid to settle its acrimonious patent dispute with Qualcomm three months ago. The firms finally buried their long-running trademark dispute in July, but at the time refused to disclose the price of the deal. Yesterday Nokia finally confirmed that they had struck a 15-year agreement …
Joe Fay, 17 Oct 2008
The Register breaking news

Nokia tries to smile as profits slump

Nokia's third quarter results show the company feeling the credit crunch and losing ground to competitors with cheaper handsets, but still chipper about the future. Overall revenues in the quarter were €12.2bn, down 5 per cent on the year, or 1 per cent in constant currency. Operating profits came in at €1.5bn 21 per cent less …
Bill Ray, 16 Oct 2008
The Register breaking news

Credit crunch hitting IT mergers

Spending on technology mergers and acquisitions fell by one third compared to the same three months of last year from $58bn to $37bn. Big deals suffered even more than smaller ones - there were only six deals worth more than $1bn between July and September, compared to 11 in the same period last year and 22 such deals in the …
John Oates, 3 Oct 2008
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Dixons Group still suffering

Dixons Store Group International shares fell another five per cent this morning after the company reported poor results for the three months ended 23 August 2008. DSGI shares were trading at 50.5p, down from a year high of 160p. The interim report revealed like-for-like sales were down seven per cent and gross margins down 0. …
John Oates, 3 Sep 2008
Novell

Novell recovery continues

Novell increased its estimates for full year revenue yesterday to between $940 and $980m, and said margins for the year were also improving. Reporting third quarter results, Novell said it brought in revenues of $245m, compared to $237m for the third quarter of 2007. Income from operations was $1m compared to a loss of $10m …
John Oates, 29 Aug 2008
The Register breaking news

Virgin customer numbers dip

Virgin is reporting a slight dip in customer numbers over the last three months, but reckons those customers are of a higher quality and that the operating loss of £333 million is just a temporary state of affairs. The group has added subscribers during the last quarter - a couple of hundred thousand more are getting their TV …
Bill Ray, 7 Aug 2008

Orange sees broadband subscriber exodus

Customers are continuing to desert Orange's ADSL offerings, the firm's results revealed today. In the six months to 30 June 44,000 net broadband subscribers quit the firm, leaving it with 1.06 million. Orange said its UK broadband customer base was "levelling off", but figures released in February showed that just 4,000 net …
The Register breaking news

BO buy takes bloom off SAP Q2

SAP weathered the intensifying economic storm to post solid second quarter results this morning that showed the German business software giant beating market expectations. The tricky acquisition and integration of Business Objects depressed net profits 9 per cent compared to a year earlier, at €408m. That's a softer blow than …
Happy

Ingram's second quarter cheers

Super distie Ingram Micro increased sales to $8.82bn for the quarter ended 28 June 2008 compared to $8.19bn for the same period last year. Sales were helped by a six per cent improvement in currency exchange rates. Net income in the second quarter was $58.9m, compared to $52.4m last year. Ingram spend $5.5m on reducing costs …
John Oates, 25 Jul 2008
The Register breaking news

Vodafone shares tumble on interims

Vodafone, the world's largest cellco, grew revenues to £9.1bn, up by nearly 20 per cent, or 1.7 per cent organic growth, in the three months ended 30 June 2008. The company now has 269m mobile customers, an increase of 8.5m on last quarter. Data revenues grew 29.4 per cent to £664m. But Vodafone expects revenue for the year …
John Oates, 22 Jul 2008
The Register breaking news

Sony Ericsson sees profits tumble, turns on workers

There'll be long faces at Sony Ericsson this evening, with the gloomy news that the mobemeisters is cutting 2,000 jobs after pulling in just €6m in profits in the last three months. This is a massive slide on the €220m the company made during the same period in 2007, despite shipping almost as many phones. In their second …
Bill Ray, 18 Jul 2008
The Register breaking news

BT chief speaks fluent PowerPoint

CISAC BT's Dutch chief executive Ben Verwaayen may be the first keynote speaker to talk entirely in PowerPoint™: He's reduced his speeches to a series of motivational slide headings. Verwaayen was delivering a keynote to the Copyright Summit, CISAC's global event for authors, writers and composers. The problem is his slide headings …
Andrew Orlowski, 30 May 2007
The Register breaking news

Blighty internet shopping goes ballistic

UK shoppers are abandoning the high street and going online in droves, according to the latest figures from the Interactive Media in Retail Group (IMRG), the industry body. April net sales were up a thumping 55 per cent on last year at £3.47bn, taking the total web-receipts count since 1995 into 12 figures. The IMRG numbers …
Lewis Page, 18 May 2007
The Register breaking news

Virgin Media piles Cable and Wireless sandbags

Virgin Media attempted to win back some shareholder and media confidence late yesterday, by announcing a deal with Cable and Wireless to offer LLU ADSL for areas outside its cable network. Virgin already has some ADSL customers off its own network, but an LLU(Local Loop Unbundling) deal is key to delivering a bundle at a price …
The Register breaking news

BT swallows a third of new broadband punters

BT's resurgence was confirmed today when it announced broadband and other "new wave" products had boosted fourth quarter sales and profits. In the three months to 31 March, BT added 800,000 new broadband customers, bringing its total across retail and other parts of the business to 10.7 million. Revenue for the quarter was up …
The Register breaking news

Virgin: stop whinging and deal with the debt

Analysis Virgin Media used its quarterly conference call last week to throw another tantrum at Sky. What's ridiculous is that most of Virgin Media's current problems are self inflicted. The dispute with Sky involves a few tens of millions in fees: that's dwarfed by the amount of debt the group now carries. Without new capital, the cable …
Keith McMahon, 14 May 2007

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