Articles about q1

Euro notes

Efficient German sales engine Bechtle says Q1 was GUT

Insuppressible German headquartered reselling machine Bechtle piled more pounds onto the sales ledger during calendar Q1 seemingly surprising senior management. The business, with ops in 60 locations across Europe, revealed a 6.1 per cent boost in sales to €622.5m, EBITDA climbed 6.3 per cent to €22.5m and profit after tax up 6. …
Paul Kunert, 14 May 2015

Didn't buy a tablet in Q1? You're not alone

It may just be the start of the post-tablet era, with shipments into retailers and tech distributors tumbling by double digits in the first three months of the year. According to stats for the UK from IDC, 1.7 million slabs were bundled into the channel during Q1, down 23.5 per cent on the same period in 2014. Marta Fiorentini …
Paul Kunert, 15 May 2015

Tech disties: What the HELL happened to our sales growth in Q1?

Tech disties’ sales growth across Europe almost halved in Q1 as the XP migration factor ran out of steam, PC business dwindled and weaker demand for Apple slabs and IBM big iron came to bear. The quarterly figures – based on sales-out data from the suppliers – collated by Context’s SalesWatch tracker, indicate turnover from the …
Paul Kunert, 11 May 2015
firing range - target in cross hairs

Citrix warns it will miss Q1 earnings guidance

Citrix has announced that it will not deliver the financial results it promised the markets. “Revenue for the quarter is expected to be in the range of $755 million to $760 million, below the company's guidance of $780 million to $790 million,” says in its mea culpa preliminary Q1 results released today. “Net income for the …
Simon Sharwood, 10 Apr 2015
Cisco CEO John Chambers speaking at Cisco Live! 2014

Cisco ends Q1 an inch ahead of guidance

Cisco has farewelled its chief financial officer after announcing results that showed a still-beating heart somewhere in the giant switch market. Net income for the Borg's first quarter was reported at US$1.8 billion, on revenue of $12.2 billion, about US$40 million ahead of Wall Street's expectations. The company also announced …
Stained glass angels

Gods of tech distribution smile on Blighty in Q1

Distributors in almost half of the countries across Western Europe failed to register sales growth during Q1 but those with ops in Blighty were not among them. Sales out data from Context reveals UK market revenues climbed 12.4 per cent in the three months to €2.5bn, making it the largest sector in the region for the past four …
Paul Kunert, 06 May 2014
Sky Anytime+

Sky's tech bets pay off: Pay TV firm unveils blazing growth for Q1

Sky posted record numbers as its tech bets continue to pay off. BskyB’s ARPU (average revenue per customer) reached £576, up £32 from two years ago, with triple-pay punters accounting for 37 per cent of its 15.5 million customer base. Just over 11.5 million of those are retail customers, and just over 4 million wholesale. The …
Andrew Orlowski, 16 Oct 2014

Martinwolf: The state of the tech industry in Q1 2015

Beginning this month, The Channel and martinwolf M&A Advisors are forming an editorial partnership to feature martinwolf’s commentary and analysis concerning the challenges and opportunities facing the IT industry. The organisation, exclusively focused on the IT industry, has completed more than 130 transactions and sold seven …
Martin Wolf, 15 Apr 2015

Avnet CEO: enterprise tech spending on the turn in fiscal Q1

A dark cloud hanging above Avnet’s Asian and EMEA computing components biz cast a shadow over the relatively decent start to fiscal ’15 for the Technology Solutions division. The enterprise tech bellwether reported sales of $2.46bn for the quarter ended September, up 2.4 per cent on an organic basis versus the same period a year …
Paul Kunert, 27 Oct 2014
box_shifting_channel

Weakened Apple slab grab sees Q1 growth slump to RECORD LOW

Apple's iPad shipments into distribution have fallen faster than at any point since the slab was brought to market and yet the wheels aren't close to coming off of the fruit-emblazoned sales juggernaut. A 16.1 per cent world-wide sales crash in Q1 to 16.35 million units saw iPad market share plummet to 32.2 per cent from 46.4 …
Paul Kunert, 09 May 2014
Samsung Galaxy S6

Samsung Electronics' sales go OVER A CLIFF

Samsung Electronics, the phones-and-chips-and-tellies arm of the Chaebol, has reported a nasty set of numbers for 2015's first quarter. Let's go straight to a slide from the earnings call to show you just how nasty it is. Samsung Q1 2015 sales and profits Samsung Electronics Q1 2015 results. Click here to embiggen Those …
Simon Sharwood, 29 Apr 2015

Insight warns Q1 sales and operating profits to fall

Insight Enterprises hasn't managed to dust off the economic cobwebs just yet if prelim calendar Q1 financials are anything to go by. The reselling powerhouse said today it expects revenues to decline five per cent on the same quarter a year ago to $1.2bn, and warned operating profit will drop to $17m from $25.6m - excluding …
Paul Kunert, 19 Apr 2013
MICA aurora borealis probe small1

What's that coming over the Dot Hill, is it is a monster? Is it a sales monster?

SAN maker Dot Hill is lifting its revenue forecast for the quarter. Why’s that interesting? Because it confirms Dot Hill is climbing out of a deep ditch where it has spent the past four years hiding, and that the previous quarter’s sales increase wasn’t a one-off stunt. Summer really has arrived for Dot Hill. For the first …
Chris Mellor, 16 Apr 2015
wall_street

Whoops! Nvidia lets slip Q1 earnings early – and they're solid

An internal communications cockup forced Nvidia to release its first-quarter 2015 results two days early, surprising Wall Street with revenues and earnings that beat analysts' estimates. Nvidia had earlier announced that it would release this quarter's earnings report on Thursday, but when a preliminary draft of its results was …
Neil McAllister, 07 May 2014

DDoSsers use reflection amplification to crank up the volume to 100Gbps+

DDoS attacks have grown in volume yet again with 25 attacks larger than 100Gbps globally in Q1 2015, according to the latest stats from DDoS mitigation firm Arbor Networks. The majority of recent super-sized attacks leverage a reflection amplification technique using Network Time Protocol (NTP), Simple Service Discovery Protocol …
John Leyden, 28 Apr 2015
The Register breaking news

Nokia: OK, Q1 has been weak, but there's 'underlying' profit

Nokia warned of a weaker first quarter last year and duly delivered. Sales were €5.85bn in Q1 2013 with an operating loss of €150m. Net phone sales were down 32 per cent year on year, with 6.1 million smartphones shifted in the first three months of the year, of which 5.6 million were Lumia Windows phones. In Q4 Nokia shifted …
Andrew Orlowski, 18 Apr 2013

Samsung and HTC: Gaze upon our EMBIGGENED numbers, pesky analysts

Cost-cutting and better-than-expected mobile shipments helped Samsung Electronics and HTC trash analysts' profit forecasts, according to both firms' unaudited Q1 data. Results from the Korean chaebol took a turn for the worse in 2014 as demand for its smartphones and tabs crashed, causing an inventory pile-up that proved costly …
Simon Rockman, 07 Apr 2015
Apple a day  by Robert Holf https://www.flickr.com/photos/robbertholf/ CC 2.0 attribution https://creativecommons.org/licenses/by/2.0/

Samsung back on top of smartmobe market

Samsung's sales may be sliding nastily, but box-counter IDC says the company is back on top of the world when it comes to smartphone shipments. The firm's Worldwide Quarterly Mobile Phone Tracker for 2015's first quarter found 336.5 million smartphones shipped, worldwide. That's “ up 16.7% from the 288.5 million units in 1Q14 …
Simon Sharwood, 01 May 2015

Acer fairly sure it made a profit in Q1. Assuming it got the office tea-bag account right

Ailing Acer has told us "transformation plans" are on track despite generating a profit after tax of just NT$1m - or £19,600 - in the first calendar quarter of 2014. This titchy cash haul would cover a small bunch of non-golden parachutes for execs that want to bale: or equates to a £2.80 handout for each employee in the company …
Paul Kunert, 08 May 2014

Brocade's IP strategy stutters in flat first quarter

A recovery in storage area networking product revenues has offset sliding IP networking sales to give Brocade a first quarter 2015 revenue result of US$576m, up two per cent quarter-on-quarter and the same amount year-on-year. Although flat year-on-year at at US$353m, the SAN segment swelled nine per cent in Q1 2015, reversing a …
VR

Oculus Rift VR bucket will be seen on noggins near you in 2016

Oculus has announced that its Rift VR headset will ship to customers in the first quarter of 2016. A consumer version of the headset, which has slowly crawled towards the market since developer kit was flogged using Kickstarter, has been settled on. Oculus promises it will soon be strapped to noggins everywhere. Today's official …
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 …
Tyrannosaurus rex

Texas T Rex Dell: Terabytes shipped. Count 'em and weep...

Dell sold more storage capacity than any other supplier in the first half of 2014, says analyst IDC. In IDC's worldwide Quarterly Disk Storage Systems Tracker reports Dell is singled out as having sold 4,311,728 terabytes of disk storage, 4.3 exabytes, by the mid-point of 2014 – pretty damned impressive. We're told that Dell …
Chris Mellor, 24 Sep 2014

Hot summer of football to stir Samsung's profits after slow Q1

Samsung Electronics, the mobes, slabs, screens, domestic appliances and chips arm of the industrial giant, has posted results showing a decline in operating product. The company hauled 53.68 trillion Korean won (about $US50 billion) through the doors between January 1 and March 30 2014, 8.49 trillion won (about $US7 billion) of …
Simon Sharwood, 29 Apr 2014
HTC One M9 Android smartphone

Record smartphones sales, but feature phones far from dead

The first quarter of 2015 saw global smartphone sales set a new record of $96 billion, with the most desirable elements being big screens and 4G. The stats come from market analysis firm GfK, which compiles figures for the top handset manufacturers — so while it's happy to trumpet the good numbers, any questions about who sold …
Simon Rockman, 15 May 2015
DVD it in many colours

Intel beats Q1 expectations, jacks up revenue forecast

Intel crept in over expectations with its Q1 results today, though its silicon business dipped 2 per cent on the previous year's slightly longer quarter. The chip giant characterized its Q1 performance as a "solid start" to the year, and was bullish enough to jack up its expectations for the second quarter. Revenues were $12. …
Joe Fay, 17 Apr 2012

Arrow profits quiver as Q1 sales misfire

Arrow Electronics' Q1 profits have been derailed by restructuring charges and weaker than expected sales of components in Europe and Asia. The enterprise distie giant reported a bottom line of just $113.6m (£70.1m), down 16.6 per cent compared to the same quarter a year ago, on the back of sales of $4.9bn (£3.02bn), a drop of 6. …
Paul Kunert, 01 May 2012

Reseller giant Systemax bleeds red ink in Q1 of 'turnaround year'

Misfiring reseller big gun Systemax has seen poor results in the first quarter of calendar 2013 - which is supposed to be its turnaround year. In its efforts to recover, the business has slashed European jobs, shuttered US PC factories and axed retail brands. The ailing firm, branded as Misco in Europe, saw sales decline 3.6 per …
Paul Kunert, 01 May 2013

UK tech channel in RUDE health as bankruptcies dip in Q1

It's time to crack open the bubbly: corporate fatalities in the UK channel have fallen for the fourth consecutive quarter, official stats from credit rating firm Graydon UK reveal. Some 61 companies bit the dust in the first three months of the year versus 64 for the same period of 2013, indicating that the UK IT industry has …
Paul Kunert, 04 Apr 2014
management cio1

IBM: We've got the shiny new kit. Now we need to polish the sales teams

IBM has finally gone public with some details of the company-wide restructure it initiated months ago to help stop the rot. As exclusively revealed in January, Big Blue struck off the old world silos of hardware, software and services, instead opting to go to market with units including Systems, GTS, Commerce, Security and …
Paul Kunert, 21 Apr 2015

US titans roll out the numbers... wow, reselling is a tough game

Calendar Q1 numbers are out for shape-shifting resellers Insight Enterprises and Systemax, with the former reporting flat sales and profits but the latter faring much, much worse. Both are trying to rapidly develop services operations based on consulting, managed services and the cloud to replace commoditised or 'empty calorie' …
Paul Kunert, 12 May 2015
Apple iPad 3 aka new iPad

Apple tops tablet, mobile computer markets in Q1

The usual caveat applies: these numbers only work if you factor in tablet sales. Do, says market watcher DisplaySearch, and Apple is once more the world's top-selling maker of mobile computers. The Cupertino company took 22.5 per cent of the market in Q1, almost double the market share of its nearest rival, HP, which notched up …
Tony Smith, 23 May 2012
wall_street

Price cuts, OpenStack transition make Rackspace miss in Q1

Rackspace Hosting did not turn in the kind of first quarter it wanted for the period ending in March, so expect knee-jerk reactions and hyperventilating from investors who think it can't stay in the cloud game against the likes of Amazon, Google, and Microsoft. Its results did not meet Wall Street's expectations, with only 20.2 …

EMEA server sales downed by financial meltdown in Q1

European server sales slumped in opening three months of the year due to the economic meltdown, but HP managed to knock IBM off the top spot as its rate of decline was slower. This is according to abacus-stroker IDC, armed with stats that indicate factory revenues in Q1 were $3.1bn, down nearly 12 per cent year-on-year as unit …
Paul Kunert, 08 Jun 2012
fingers pointing at man

Acer Q1 profit falls

Acer's recovery at the end of last year was short lived as Q1 sales and profits moved south. Revenues and operating income declined 11.4 per cent to NT$113bn and NT$138m respectively in the three months, which the firm described as being "in line with expectations". Profit after tax fared worse, crashing 72.1 per cent to NT$ …
Paul Kunert, 25 Apr 2012
graph up

Channel bites Apple's hand off for any old iPads in Q1

Apple sales via independent distributors across Western Europe soared 42 per cent in Q1, figures from channel analyst Context reveal. The sales-out numbers detailed by the beancounter's Vendor Performance Monitor (VPM) shows that the majority of growth was generated by the previous generation of iPads, up 180 per cent. This is …
Paul Kunert, 20 Apr 2012

Channel defies gloom, ships £400m kit in Q1

The UK channel raised a metaphorical middle finger to economists talking up the recession by shipping £400m worth of computing kit in Q1. This represents almost a 10 per cent jump in revenues on last year, with fondleslabs up 174.5 per cent, notebooks up 8.6 per cent and desktops up 11.5 per cent, channel number-cruncher Context …
Paul Kunert, 04 May 2012

SanDisk shares tumble as chip-maker lowers Q1 forecast

Flash memory maker SanDisk haS suffered a 9.47 per cent dip in its share price in trading today, after they announced a summary of results for the first quarter of 2012. Blaming weaker than expected demand and pricing, SanDisk said that its revenues for the three months ending 1 April were 8 to 11 per cent lower than expected. …
Anna Leach, 04 Apr 2012

Microsoft reports low Q1 earnings on sluggish PC sales

Microsoft had an unremarkable quarter during the three months ending September 30, with a soft PC market contributing to low earnings in advance of a raft of highly anticipated Redmond product launches that will begin later this year and continue through 2013. On Thursday, the software giant posted a profit of $4.47bn on …
Neil McAllister, 19 Oct 2012
£10 notes. Pic: Howard Lake

Computacenter UK giggles as cash rains on revived data centre ops

Computacenter’s UK sales team must be in self-licking mode after a barnstorming start to calendar ’15 – but revenue zapping currency conversions and an unsettled French operation hit the group’s top line. In a trading update, the London-listed services-based reseller said Q1 revenues reduced by two per cent as reported to £715. …
Paul Kunert, 23 Apr 2015
Unisys sets LinuxWorld alight

Unisys grows in Q1, swings to profit

Mainframe and services seller Unisys saw some growth in the first quarter, with sales up 1.9 per cent to $928.4m thanks to a bump in services bookings and despite a slight downtick in hardware sales. The company swung from a $39.4m loss in the year-ago quarter to a $13.4m profit this time around. In the quarter, technology …

French outsourcer Atos fattens revenues on UK public sector

French outsourcer Atos posted bumper profits int its first quarter, mainly buoyed by the UK public sector deals. Revenue rose 17.6 per cent to €2.4bn (£1.7bn), compared with the same quarter last year. The UK was the biggest market for the outsourcer, growing 15 per cent to €511m (£367m) compared with the same quarter last year …
Kat Hall, 22 Apr 2015
RFID_snail_trio

NBN Co to launch commercial FTTN in Q3 2015

The Federal Government's favoured “multi-technology model”, under which fibre-to-the-node would become the default build for NBN Co where the fibre build hasn't commenced, has finally got a landing date: 2015. NBN Co's latest product roadmap (PDF here) says commercial fibre-to-the-node services will launch in the third quarter …
Rackgo systems include servers, storage, switching, and batteries

Server racket 'challenging' in Q1, says IDC

It is not a fun time to be peddling servers, but it is probably a great time to be buying them, according to the box-counting wizards at IDC. Both server revenues and shipments were down in the first quarter, marking the fifth of the past six quarters where revenues took a dip. There are so many different kinds of transitions …

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
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

HP Enterprise Services staff jog on, waving fat redundo cheque

HP has waved goodbye to a bunch of Enterprise Services staffers across Europe as it edges closer to the end of a multi-year job culling exercise and the big corporate split. Some 55,000 employees will have left the grand old lady of tech by the end of October when the programme – launched in 2012 – crosses the finishing line. …
Paul Kunert, 12 May 2015
Artist's conception of a watery asteroid being torn apart white dwarf GD 61

SCARESTEROID of the week to miss Earth on Friday

The UK press has noticed that NASA's Small Object Database Browser seems to show an asteroid passing close to Earth – and therefore we're all going to die on Friday. We won't: while object 2014-YB35 will pass within 2.8 million miles (4.48 million km) of Earth, which qualifies as a “near miss” in astronomical terms, it's not …
The Black Knight, defeated

Merged Sphere 3D merrily continues Overland's loss trend

Sphere 3D, now replete with the fruits of its Overland Storage merger, has carried on Overland's history of declining revenues and constant losses. We thought we might have had to undergo a mental reset for a moment. Canadian application virtualisation software hawker Sphere 3D took over/merged with Overland recently and this …
Chris Mellor, 14 May 2015
Samsung Wave 3

Samsung... no, Apple... no, Samsung tops Q1 smartphone sales chart

Here's a classic case of why you shouldn't rely entirely on market watchers: two of them yesterday claimed different phone makers top the world smartphone charts. In the blue corner, we have Strategy Analytics, lifting Samsung's arm up high and emailing us to say the South Korean giant's 44.5m estimated smartphone shipments …
Tony Smith, 27 Apr 2012
The Register breaking news

Nokia loses $1.7bn in Q1, sales chief falls overboard

Nokia's sales chief Colin Giles will depart in a shake-up of the company's commercial operation, the mobe maker announced in its earnings call today. After he clears his desk in June, 20-year veteran Giles won't be replaced, with the four regional senior VPs now reporting directly to head of markets Niklaus Savander. As the …
Andrew Orlowski, 19 Apr 2012