Articles about Wall Street Analysts

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

Giant advertising, sorry, 'Search' firm Google makes BILLIONS - but not enough for Wall St

Google did manage to shrink its dependency on advertising in the third quarter of fiscal 2014 – albeit slightly – but lest you doubt what the online giant's actual business is, ads run mainly beside other people's content still accounted for 89 per cent of its sales. And as has been the case for many consecutive quarters, sales …
Neil McAllister, 16 Oct 2014
The Register breaking news

Mysterious Facebook product plumps up shares on Wall Street

Facebook's stock went north on Wall Street - reaching $32 a share yesterday for the first time since July 2011 - basking in the glow of the free content ad network's imminent product announcement. The company sent out invites to the press last week to "come and see what we're building". Surprisingly, the details of what will be …
Kelly Fiveash, 15 Jan 2013
michael_dell

Dell, the man, prevails in quest to wrest Dell, the company, from Wall Street

Analysis So that's done, then. Shareholders of IT giant Dell have approved a $24.9bn private takeover bid put together by company founder Michael Dell, Silver Lake Partners, and borrowed dough from Microsoft and a slew of banks. Now Wall Street will be off Dell's back as it tries to reorganize itself for the future of computing, …
For Sale sign detail

Apple annihilates Wall Street performance estimates

With another fiscal quarter now in the bank, Apple has again embarrassed Wall Street analysts. The Cupertinian juggernaut posted its financial results for its third fiscal quarter of 2011 on Tuesday, and the numbers were – to understate a wee bit – quite satisfactory. "We're thrilled to deliver our best quarter ever, with …
Rik Myslewski, 19 Jul 2011
Eve in the Garden of Eden talking to a rather angry God on Snapchat

So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL

Opinion It’s that time of year again, when Apple’s annual iPhone launch is looming and the mobile chattersphere becomes entirely dominated again by one handset maker. In 2007 and 2008, that was completely justified. Since then, there have been progressively fewer reasons to define the whole smartphone sector by Apple. New models have …
Wireless Watch, 25 Aug 2014
Qualcomm

Little trouble in big China: Are some of Qualcomm's chip slingers fibbing?

Mobile chipmaker Qualcomm reported solid results for the third quarter of its fiscal 2014 on Wednesday, with revenues, earnings, and chip shipments all reaching record highs. The California company saw its revenues reach $6.81bn for the three months ending on June 29, 2014, a 9 per cent year-on-year increase that handily beat …
Neil McAllister, 23 Jul 2014
The Register breaking news

Yahoo! wows Wall Street with revenue drop

Yahoo!'s revenues took another fall during the fourth quarter - that's the fifth tumble in a row - but they didn't fall quite as much as expected. The beleaguered web portal reported revenues of $1.73bn during Q4, a 4 per cent drop from a year ago. But that's up 10 per cent from Q3, and it beat the expectations of both the Wall …
Cade Metz, 27 Jan 2010

NetScout sues Gartner over magic quadrant placement

NetScout has taken offence at its low placement in the all-powerful marketing tool, the Gartner magic quadrant, to such an extent that it's suing the analyst firm. In paperwork filed on August 5, the network software vendor has come out swinging at Gartner, accusing it of running a “pay-to-play” operation. “Gartner is not …
The Register breaking news

Google back to wowing Wall Street

Google still has a knack for wowing Wall Street. Today, the world's largest search engine announced profits of $1.07bn for the financial quarter ending September 30, a 46 per cent year-over-year increase that exceeded the expectations of Wall Street analysts. Meanwhile, Q3 revenue hit $4.34bn, a 57 per cent jump from the same …
Cade Metz, 19 Oct 2007

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
hands waving dollar bills in the air

Facebook haters, look away now: BABY SNAP site's profit is up 138%

Facebook shares have rocketed after the social network biz reported record-setting growth, revenue and margins as it wrung cash from hundreds of millions of mobile users. The Menlo Park ads website reported second-quarter revenues of $2.910bn on Wednesday, beating the $2.81bn Wall Street analysts had been expecting, and up 61 …
Jack Clark, 23 Jul 2014
Oracle's Iron Man 2 ad

Oracle: Our figures say hardware has flatlined, but we assure you it hasn't

Database and wannabe hardware giant Oracle has beat Wall Street expectations after nine disappointing months, and said cloud services are one of its three main growth areas for next year. The company reported its second-quarter results for its fiscal 2014 year on Wednesday, and surprised analysts by stemming the rot in new …
Jack Clark, 19 Dec 2013
Boeing 787 Dreamliner on the tarmac in United livery

Boeing CEO says no more 'moonshots' after 787 Dreamliner ordeal

After weathering a decade of delays, cost overruns, and technical difficulties with its latest high-tech aircraft, Boeing CEO James McNerney says the company isn't planning any more ambitious gambles like the 787 Dreamliner, but will instead focus on cutting costs and increasing production. According to a report by the Seattle …
Neil McAllister, 22 May 2014

Dragged-out Lenovo server deal whacks IBM's earnings for 2013?

IBM has never admitted that it has been trying to sell its System x and BladeCenter server business to Chinese PC and system maker Lenovo, which also took its venerable and usually unprofitable PC business over at the end of 2004. But in a conference call with Wall Street analysts going over Big Blue's second quarter financial …
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Seagate beats Street, but outlook's bleak

Seagate's 4th quarter results beat expectations, but profits are substantially down and cost pressures rising. It beat the Street but the outlook is bleak. For its fourth fiscal 2011 quarter, Seagate's revenues amounted to $2.86bn – 7.5 per cent higher than the $2.656bn recorded a year ago. Net income went aggressively in the …
Chris Mellor, 21 Jul 2011

Cray posts modest loss, awaits Q4 revenue wave

Supercomputer maker Cray turned in a slightly better than expected second quarter, with a modest bump in revenues and a slight loss. This is a win in the ever-choppy supercomputer racket – and particularly for Cray in a second quarter. For the past three years, Cray has been cramming a large portion of its sales in the final …

China, an untapped land of opportunity for the West - EXCEPT IBM

IBM's third-quarter earnings for 2013 missed estimates by a billion dollars, thanks to an ugly environment in China and continuing weakness in the company's hardware division. The technology giant reported a net income of $4bn from revenues of $23.7bn on Wednesday, representing a rise in profits by 5.7 percent on the same …
Jack Clark, 16 Oct 2013

Nvidia sales and profits rise despite PC slump

Graphics and ARM chip maker Nvidia is sailing smartly through the shrinking PC market, boosting both sales and profits – and doing so despite its transitions to Tegra4 and Tegra4i processors for smartphones, tablets, and other devices. In the first quarter of fiscal 2014 ended on April 28, Nvidia's overall sales rose by 3.2 per …
The Register breaking news

S3 passes water on Wall Street analysts

Graphics accelerator specialist S3 felivered on its promise to beat analyst expectations when it posted its second quarter results yesterday. The company posted a profit of $1.1 million on revenues of $57.3 million. That compares with a loss of $11.6 million and sales of $53.3 million for the same period last year. Translating …
Tony Smith, 16 Jul 1999
The Register breaking news

Apple tops estimates with earnings leap of 118 per cent

Apple blew past even the most optimistic Wall Street earnings estimates for the first quarter of its fiscal 2012, posting revenues of $46.33bn, resulting in a quarterly net profit of $13.06bn, or $13.87 per share. "We're thrilled with our outstanding results and record-breaking sales of iPhones, iPads and Macs," said CEO Tim …
Rik Myslewski, 24 Jan 2012
thumbs up teaser 75

IBM prelims beat the Street

IBM increased profits and turnover in the fourth quarter of 2007. Big Blue made revenues of $28.9bn in the three months ended 31 December 2007 - up ten per cent. Six per cent of this increase was down to improved currency exchange rates. Earnings per share jumped 24 per cent to $2.80 a share, compared to the $2.40 Wall Street …
John Oates, 14 Jan 2008
Hadoop in the enterprise

Teradata rides big data wave in Q4, does better than expected

Systems vendor Teradata is riding the twin waves of traditional data warehousing and new-fangled big data munching, and is doing a pretty good job positioning itself to stay relevant in an increasingly Hadoopy world.  The company just turned in better numbers for the fourth quarter than Wall Street expected, but then Wall Street …
Brocade FME

Cloud storage rains on '800lb Fibre Channel gorilla' Brocade

Brocade results show its business flatlining with steady-ish revenues and profits, and growth dependent on a recovering market but no technology rabbits to pull out of its hat and drive growth higher. Fourth quarter fiscal 2013 revenues were a chunky $559m, 3 per cent down on the same quarter last year, with profits of $64m, 19 …
Chris Mellor, 20 Nov 2013
The history of HP server innovation according to Enterprise Group GM Dave Donatelli

HP taps software hot-shot to run enterprise hardware

Hewlett-Packard has had IBM envy for years now, and CEO Meg Whitman is following in the footsteps of Big Blue once again by putting a seasoned software executive in charge of hardware. Concurrent with the announcement of its financial results for the third quarter of its fiscal 2013, HP announced that Dave Donatelli, who came to …

IBM selling x86 server business to Lenovo?

There are rumors swirling around, again, that IBM is looking to sell off all or a portion of its x86 server business to Chinese PC maker and server partner Lenovo Group. US channel mag CRN caught wind of something going down between IBM and Lenovo on Thursday and referenced an anonymous source with knowledge of the talks now …
VMware CEO Pat Gelsigner at the vCloud Hybrid Cloud Service launch

VMware and partners to build uber-vCloud to take on Amazon

Rumors have been going around since late last year that server virtualization juggernaut and cloud wannabe VMware was working on building its own infrastructure public cloud, said to be called Project Zephyr, and it turns out to be true. Mostly. Maybe. In a financial analyst meeting held in New York by EMC, VMware's majority …
Stradivarius violin reproduction

Shares PLUNGE as Violin posts $34 MEELLION loss

Violin Memory’s losses are deepening faster than its sales are growing and that is surely unsustainable. El Reg’s storage finance desk thinks a shortfall in orders from the federal government exacerbated the stalling of enterprise sales growth – and looming competition and software inadequacies didn't help much either. As a …
Chris Mellor, 25 Nov 2013
Mellanox SwitchX-2 ASIC and its switches, not to scale

Mellanox profits explode even as sales slip in Q4

Networking chip, switch, and adapter supplier Mellanox Technologies gave Wall Street a bit of a start earlier this month when faulty InfiniBand FDR cables caused it to miss its revenue estimates for the fourth quarter. But the company still turned in a record year and has squeezed a lot more profit out of its InfiniBand and …
Topgun fighters

Profits ONTAP? Not exactly, but storage giant NetApp can exhale now

Whew, that was close: NetApp grew its second quarter revenues by a whisker but bumped up profits nicely as customers continued to buy its gear. Revenues for the second fiscal 2014 quarter, ended 25 October, grew just 1 per cent over the year to $1.55bn. That was a small increase from the first quarter total of $1.52bn, 2.2 per …
Chris Mellor, 14 Nov 2013
Informatica logo

Informatica caught flat-footed by revenue shortfall

June was not a particularly fun month for data-integration software specialist Informatica, which has just put out preliminary financial figures for its second quarter ended last week. Those numbers show that companies in the EMEA slammed on the spending brakes, and that American companies with a presence in Europe or which were …
management management3

SAP shuffles execs to chase cloud success

It is time for musical chairs at SAP, and the desire to ramp-up products that run on the cloud and sell more of them is calling the tune to which the executives are dancing. The German software giant said in a statement that Lars Dalgaard, head of its entire cloud operations and the founder and CEO of SuccessFactors, was leaving …
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 …

EMC flat-lining as economy continues to circle drain

EMC has scraped year-on-year revenue and profit hikes for its third 2012 quarter but reported ever-so-slightly lower numbers than the second quarter, a pattern not seen in the past two years. Quarterly revenues were $5.28bn with net profits of $626m. This revenue was up 6 per cent year-on-year and down 0.56 per cent sequentially …
Chris Mellor, 24 Oct 2012

Cisco boosts sales and profits despite softness in switching and routing

Cisco Systems took a big bet more than four years ago when it jumped into the server market with its Unified Computing System blade and rack servers and started peddling converged Nexus switches at the same time. Those bets have paid off, and rising sales of these products are filling in the revenue gaps in the quarter ended in …

Fed watchdogs sniff around IBM's cloud revenue reporting

IBM filed its quarterly 10-Q report with the US Securities and Exchange Commission Wednesday morning, and buried in that lengthy document is a note that the Securities and Exchange Commission (SEC) has raised an eyebrow over the way IBM recognizes its revenues for cloud computing. There is not a whole lot of detail about exactly …
Image of 'smiley face' crater photographed by NASA's Messenger Mercury orbiter

Dell's PC biz craters as servers and networking chug along

If you want a proxy for what people think about the proposed $24.4bn buyout deal of Dell by company founder Michael Dell and private equity firm Silver Lake Partners, don't look at the company's stock price, look at its financial results for its fourth quarter. Wall Street is worried about what Dell is going to do with the PC …
HP CEO Meg Whitman at Discover 2012

HP: Hey, it could easily have been so much worse

If you were expecting HP to bring good news to the IT industry when it reported its financial results for the fiscal second quarter, you are no doubt sorely disappointed. Well, unless you consider that in terms of profit declines it could have been a lot worse. In the quarter ended April 30, HP was down on all fronts, and CEO …

Citrix morphs from Windows app virtualizer to all app mobilizer

In its last quarter Citrix has blasted past analyst expectations and produced a very healthy set of results and predicting that revenues will hit the $3bn mark for the year. A decade ago, Citrix Systems was a Windows app virtualizer that existed largely at the mercy of Microsoft even though it has plenty of clever technology. …
HP CEO Meg Whitman at Discover 2012

HP hammered in servers, storage, and PCs in fiscal Q3

Remember a long time ago, how Compaq put the squeeze on its supply chain, dropped the boom on PC prices, and essentially made it impossible for IBM, the former market leader, to stay in the PC business? Well, Dell and other competitors in the PC, server, and storage rackets are trying to do the same thing to HP now, and its …

Intel's server chip biz holds steady ahead of Ivy Bridge Xeons

Analysis You might think that Intel would have been talking a bit more excitedly about the Xeon server chip lineup when it walked through its numbers for the second quarter yesterday. Particularly with the PC business on the skids. The workhorse "Ivy Bridge-EP" Xeon E5 v2 processors are slated for launch in the third quarter and the …
Mellanox SwitchX-2 ASIC and its switches, not to scale

Mellanox boffins concoct chips for 100Gb/sec InfiniBand

Mellanox Technologies reported its first quarter financial results today, and Eyal Waldman, chairman and CEO at the networking chip and switch maker, said in a conference call that the company had taped out its first experimental chip that would run at 100Gb/sec and support the future Enhanced Data Rate (or EDR) version of …
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
VMware's monster VM

VMware's growth stalls – layoffs coming, but so are new hires

VMware will lay off a little less than 7 per cent of its workforce and perform a bit of a restructuring in light of the fact that it expects some headwinds in the first half of 2013. Pat Gelsinger, the new sheriff in VMware town, wants to slim the company down and get it focused on its core server virtualization and cloud …

Red Hat hits the top and bottom numbers in fiscal Q1

Everybody seems to be a bit jumpy about the global economy these days, and Red Hat will be giving Wall Street a case of the jitters when the market opens on Thursday even though it exceeded its revenue and profit targets in its first quarter of fiscal 2013. In the period ending May 31, Red Hat's support contract subscriptions …
Hadoop in the enterprise

Teradata customers plead: 'Stop, we can't buy any more stuff!'

Data warehousing pioneer Teradata has grown in leaps and bounds during the past two and a half years. However the database biz took a little pause for breath in the third quarter of 2012, causing it to come up at the low end of its guidance range for revenues and profits - and coming in shy of Wall Street's expectations. In the …
The three new Juniper EX9200 modular switches

Juniper pushes up sales and profits in Q1

The top brass at Juniper Networks are breathing a little bit easier as the company turned in numbers that show it is growing despite taking a big hit in sales of gear, software, and services to the US government in the first quarter. In the quarter ended in March, Juniper nudged up revenues by 2.6 per cent to $1.03bn, and net …
A blade server from the UV2 super

SGI tax bennies push bigger profit in Q1

Jorge Titinger, the CEO who was brought into Silicon Graphics last year to clean up the mess made by $87m in low-margin deals that wrecked the company's bottom line for a few quarters, is probably breathing a little easier now that the most recent quarter has ended. Not just because revenues were up, but because the remaining $ …
Racks inside Rackspace's Sydney Data Centre

Rackspace spends big bucks to peddle its cloud vision

Rackspace Hosting may be growing its cloud business much faster than its overall business, but the company's rate of sales growth is declining and its profits are also getting pinched. It is tough not to root for Rackspace, one of the founders of the OpenStack cloud controller project and a big hoster that is transforming itself …
VMware's monster VM

Can VMware boost profits by expanding from data centers to clouds?

Analysis Big cloudy startups build their infrastructure on custom – or, at the very least, cheap – iron, and they use open source software because they like to – and often need to – tweak the systems software to make their workloads hum. And that's a problem for VMware. And it's a big problem, one that makes the company irrelevant except …