Articles about Wall Street Analysts

Apple iPod touch

Brace for Apple crash

Apple will report a rare drop in revenues for its first quarter of 2016, it is feared. Wall Street analysts suggest the Cupertino maker of iStuff will tell investors tomorrow that both sales and profits will be lower than figures from the year-ago period. If such a drop does come to pass, it will be the first time since 2003 …
Shaun Nichols, 25 Apr 2016
trolley_shopping_648

Like those independent DevOps vendors? They might not be for long...

Enjoy those scrappy IOT and DevOps startups while you can, as many will not be able to resist the siren call of cash rich traditional vendors or the stock market this year, 451 Research has predicted. The analyst firm’s Tech M&A Outlook report has predicted “billions in investment” in a number of hotspot technology areas. This …
Joe Fay, 25 Feb 2016
Chairman Mao image via Shutterstock

Microsoft's patent tumble: A kinder, gentler IP politics? No

The fact that IBM filed more patents in 2015 than anybody is about as usual as Alexander Lukashenko sweeping to a fresh presidential term in Belarus. For a 23rd year, our glorious leader IBM has been ranked number one in the top 50 US patent assignees, with 7,355 grants. Samsung Electronics came second with 5,072 with Canon KK …
Gavin Clarke, 14 Jan 2016
Satya Nadella

Sales down, profit up, 1,000 bods chopped: Your one-minute guide to Planet Microsoft

Microsoft has published its figures for the first quarter of the 2016 financial year (its accounting department shuns calendars) and reports that profits are up, even though revenues fell. "We are making strong progress across each of our three ambitions by delivering innovation people love," said CEO Satya Nadella in a canned …
Iain Thomson, 23 Oct 2015

Citrix – Sorry, we didn't realise job cuts would knacker results

Citrix dropped the ball in Q1 by underestimating the short-term effects of chopping hundreds of staffers as part of a company-wide restructure, and the challenge posed by the swollen dollar. The firm previously warned shareholders and Wall Street analysts a fortnight ago that sales and earnings per share would come in lower than …
Paul Kunert, 23 Apr 2015
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HP's $3 BEELLLION Aruba buy ‘significantly undervalues’ wireless operator

Hewlett-Packard’s proposed $3 billion purchase of wireless mobile specialist Aruba Networks is facing a legal hurdle. A case has been filed in a US court against HP, Aruba, its management and board members claiming HP’s price drastically undervalues the firm. The case (5:15-cv-01502) claims the proposed deal is unfair, because …
Gavin Clarke, 20 Apr 2015

Remember SeaMicro? Red-ink-soaked AMD dumps it overboard

Tattered AMD says it's done with its SeaMicro server division, following a grim quarter that saw the ailing chipmaker weather losses beyond the expectations of even the gloomiest of Wall Street analysts. In guidance issued alongside AMD's earnings report for the first quarter of its fiscal 2015, CFO Devinder Kumar said the …
Neil McAllister, 16 Apr 2015
Confused computer keyboard

Did we just wake up in an alternate universe? BlackBerry turns a profit

BlackBerry actually made money in the fourth quarter of its fiscal 2015, but the bigger picture for the ailing smartphone maker is far from rosy. The Canadian firm reported net income of $28m for the three months ending on February 28, compared to a loss of $423m for the same period a year ago. As a result, it was able to post …
Neil McAllister, 27 Mar 2015
Intel headquarters, Santa Clara

Medic! Intel can't stanch bleeding from mobile chip biz

Intel closed the book on a smashing first full year under CEO Brian Krzanich on Wednesday, reporting record revenues and earnings that beat analysts' estimates. But not every aspect of its business looked equally healthy, with mobile as the obvious trouble spot. Chipzilla pulled in $55.9bn in revenues during its fiscal 2014, a …
Neil McAllister, 15 Jan 2015
BlackBerry

BlackBerry CEO Chen says to expect profits ... in 2016

In a conference call with financial analysts on Friday, BlackBerry CEO John Chen said the firm kept costs under control and even eked out a meager profit in the third quarter of its fiscal 2015, but he couldn't hide that the ailing mobe-maker's revenues continued their steady decline. BlackBerry brought in revenues of $793m …
Neil McAllister, 19 Dec 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

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, …
Neil McAllister, 16 Oct 2014
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

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 …
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
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

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
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
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
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
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
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

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
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, …
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 …
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 …
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 …
Super Micro's 8-node FatTwin server

Super Micro closes out record year, eager to cross Ivy Bridge

Motherboard and whitebox server maker Super Micro Computer has just closed out a bumper fiscal 2013, despite issues from hard-drive shortages, an uncertain European economy, and having to ramp up its factories in the Netherlands and Taiwan. Having outgrown the server market by a factor of three in the prior twelve months, …

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 …

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 …

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 …
IBM's System zEC12 mainframe

Sales at IBM decline 3.3 per cent in Q2, profits hit by layoffs

IBM chairman and CEO Ginni Rometty needs the company to turn in much better quarters for the remainder of 2103 than Big Blue did in the first quarter, when it missed its numbers by more than $400m. In the second quarter, IBM did a little better in its systems and services segments and the core business faired alright if you …

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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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 …
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 …
Dell logo in crosshairs

Dell's server, net bizzes do well, but PCs slammed as expected

If Michael Dell and his partners had hoped to turn in a bad quarter to help justify the relatively low price the Dell & Friends consortium wants to pay to take the IT giant private, Dell's sales force in the enterprise server, networking, and services units did not do their part to help. The PC business did – but not as much as …

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 …

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 …
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 $ …

Cray peddles more iron than expected in Q1

It is tough to find a choppier business than the supercomputer market, and Cray CEO Peter Ungaro had to remind Wall Street once again to not judge the company on a single quarter, and particularly on the first quarter that it has just turned in. While the company's top line was a little better than expected, issues with the …

Fat boxes keep Super Micro from slumping

Super Micro – king of the whitebox server makers – turned in a pretty good quarter ended in March, the third quarter of its fiscal 2013, not by pushing more iron, but by peddling a smaller amount of much heftier iron. In the quarter, sales were down a bit sequentially – which was no surprise at all, given the traditional bump in …
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 …
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 …
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 …

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 …

Big Blue misses Q1 targets big-time thanks to systems shortfall

Big Blue did not turn in the numbers that it expected in the first quarter thanks to more than $400m in mainframe systems, related software, and intellectual property licensing deals that rolled over into the second quarter. In the quarter ended in March, revenues were off 5.1 per cent, to $23.41bn, and net income fell by 1.1 …
Rackgo systems include servers, storage, switching, and batteries

Data centers can't save Intel's first quarter

The "Sandy Bridge" Xeon E5 replacement ramp for servers is nearly a year old now and clearly hit its stride in the first quarter for Intel, which turned in some pretty sad figures for its PC chip and chipset business. It is a pity that the Data Center and Connected Systems business was not already twice as large, as Intel hopes …
Bloody Serial Killer Shower Curtain

Dell kills 3-year-old object storage appliance line

Exclusive Dell is closing down its DX6000 object storage appliance product line just three years after starting it up. Its OEM'd Caringo software will be available through Dell’s Digital Download Store. But there are concerns that this move will tarnish Dell's reputation as an enterprise raised-floor data centre supplier. Object storage …
Chris Mellor, 17 Apr 2013
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 …
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 …