Articles about q2

Clouds rain revenue on Adobe's business

Adobe's reported continued growth in its cloud subscriptions, but not enough to satisfy investors. Its Q2 2016 revenue rose 20.4 per cent year-on-year to US$1.4 billion on the back of Creative Cloud subscriptions: the digital media business piled on 26 per cent year-on-year to hit $943 million, with Creative Cloud chipping in …
Nigel Farage, leader of UKIP. Pic: Jennifer Jane Mills

All this Brexit talk derailed UK tech spending, right? That's a big fat NOPE

The monotonous EU referendum is having no detrimental affect on tech spending as reported by the UK’s largest distributors, official statistics seem to confirm. Despite the FUD emanating from both camps for months, and the noise getting even louder as Brits prepare to visit the voting booths, it seems all the fire-stoking has …
Paul Kunert, 21 Jun 2016
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Explicit Intel 'Beach' pics 'leaked': All eyeballs on Optane SSD roadmap

Intel looks to be producing four Optane product families, with Mansion Beach, Brighton Beach, Stony Beach and Carson Beach code names seen on what looks like a leaked Intel slide. The Intel Optane SSD roadmap slide from BenchLife Info of Taiwan shows us various Intel SSD product families during 2016 and the first 2017 quarter …
Chris Mellor, 14 Jun 2016
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Hardware sizzles for HPE – and brings home the bacon

Software and IT services might make the world go round – at least in the heads of Wall Street moneymen – but it was hardware that once again brought home the bacon for Hewlett Packard Enterprise. For the three months ended 30 April (second quarter fiscal year 2016 – summary, tables [PDFs]), HPE's turnover edged up one per cent …
Paul Kunert, 25 May 2016
Abstract newspaper letters

Arista's 'solid' quarter

Arista has posted revenue of $242.2 million for Q1 2016. That's up 33 per cent on the same quarter last year and means $32m of net income. Management have declared this a "solid" result and anticipate another $20m or so of revenue in Q2. ® Abstract newspaper letters
Simon Sharwood, 06 May 2016
Laptop leaning against a stack of news papers in front of a world map illustration

Brocade feeling down

Storage and Ethernet network switch supplier expects weaker Q2 revenues. Brocade has reset Q2 revenue expectations lower, citing a weak SAN market and continued IP networking headwinds. Instead of revenues between $542m to $562m, it now expects them to be between $518m to $528m. This is $523m at the mid-point, 4.4 per cent …
Chris Mellor, 03 May 2016
Amazon CEO Jeff Bezos

Amazon's AWS cash machine embiggens, breezes past $2bn-a-quarter mark

Amazon has reported bumper first quarter results, with profits of $513m and sales increasing 28 per cent. In its previous quarterly results Amazon's stock took a beating after the company reported a lower than expected sales. After Thursday's results, the company was back in favor and saw its stock price rise over 10 per cent …
Iain Thomson, 28 Apr 2016

Apple man found dead at Cupertino HQ, gun discovered nearby

An Apple employee was found dead in a conference room at the iPhone giant's HQ in Cupertino, California, this morning. A gun was discovered nearby. Cops were called to the One Infinite Loop campus at about 8.35am. Sgt Andrea Urena of Santa Clara County Sheriff's Office described the death as "isolated incident," adding "nobody …
Shaun Nichols, 27 Apr 2016
Walking on water, image via Shutterstock

Ding-dong, reality calling: iPhone slump is not Apple's doom

The sky is not falling. This is not as bad for Apple as 2003 or 1996. But neither does Apple walk on water. For the first time in 13 years, Apple’s reported falling revenue – down 13 per in the last three months to $50.6bn. Cruelly, it was the growth engine that was winding down: iPhone sales fell for the first time in the …
Gavin Clarke, 27 Apr 2016
TwitterIPO

Honestly though, Twitter can't do anything right

Microblogging platform Twitter has disappointed investors, missing Q1 2016 revenue and user growth forecasts. Its share price has fallen 13.5 per cent in after-hours trading today to $15.35. The San Francisco company's GAAP net loss of US$79.7m was considerably better than the first quarter 2015 loss of $162.4m (and also …
Tim Cook

Shares down?! But, but, but ... Apple just made $50bn – that's the way the Cookie grumbles

Apple has confirmed analysts' fears of a drab quarter, reporting its first year-over-year sales decline in more than a decade. Its share price is down 8.2 per cent to $95.76 in after-hours trading – dipping below the magic hundred-buck mark. The Mac maker said that in the three months to March 31 – the second quarter of its …
Shaun Nichols, 26 Apr 2016
Great Hall of the People, seat of Communist party government in Beijing, China. Photo by Shutterstock

China leaves Apple books, movies on the cutting room floor

Apple has reportedly been banned from offering movies and books through its iTunes and iBooks portals in China. The New York Times cited anonymous sources in reporting that Beijing has decided that the Cupertino giant will no longer be able to offer the movie and book download services on the mainland. The reason for the …
Shaun Nichols, 22 Apr 2016
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What the world needs now is... not disk drives

Analysis Flash goes the PC and notebook disk drive. Dramatic and persistent disk drive sales declines heralds changes at WD and Seagate as their disk drive job engine slows down. With PC sales falling and notebook/tablet flash use climbing the outlook for disk drive manufacturers on the desktop, sofa and kitchen table is looking bleak …
Chris Mellor, 22 Apr 2016

Check Point chugs on: Profits and revenues up despite volatile market

Check Point’s share price has dipped a touch after the firm reported lacklustre Q1 financial results. During the first quarter ending 31 March 2016, Check Point’s total revenues came in at $404m, compared to $373m in the first quarter of 2015, a nine per cent increase year-on-year. Its GAAP net income rose, albeit modestly. …
John Leyden, 21 Apr 2016
Scotty in the original Star Trek

Qualcomm channels Star Trek's Scotty as it faces a mobe chip wreck

Analysis Mobile chip designer Qualcomm typically channels Star Trek's Montgomery Scott, the chief engineer who under-promises to appear a miracle worker when he eventually delivers. The California-based biz follows the Scotty playbook by the letter. Just like the Enterprise's engineering guru would suck his teeth, cock his head, say it …
Chris Williams, 21 Apr 2016
Man shouting the news from a rolled up newspaper

Apple delays Q2 earnings

We'll have to wait an extra day to find out how rich Apple is. Cook & Co have pushed back their scheduled earnings call a day, telling investors that Apple's Q2 2016 report will take place on April 26 at 2pm PDT, rather than the originally scheduled April 25. The delay is reportedly being made to observe a scheduled memorial …
Shaun Nichols, 20 Apr 2016

VMware says users run away screaming after trying OpenStack

VMware has reported a cracking first quarter for 2016, with year-on-year revenue growth of five per cent making for a US$1.59bn revenue haul for the three months to March 31st. Not everything is rosy down VMware way: compute virtualisation sales were off ten percent and revenue down one point, as expected. Licence sales ticked …
Simon Sharwood, 20 Apr 2016

Netflix's $1.81 billion Q1 disappoints markets

Netflix is pleased with its first quarter results, but has warned it will face headwinds in Q2. Its first quarter 2016 results (PDF) showed revenue at US$1.81 billion, strongly ahead of last year's $1.4 billion first quarter. That result fell short of the $1.97 billion analysts had expected, and its forecast of $1.96 billion …
An eraser

Filer upstart Qumulo rubs out mirroring, slots in erasure coding

Scale-out filer startup Qumulo has replaced mirroring with erasure coding in v2.0 of its Core OS to deliver a 33 per cent gain in usable capacity. It's also added real-time analytics, adopted HGST helium-filled disk drive technology and has three new appliances using HGST drives. Qumulo delivers its technology as software- …
Chris Mellor, 13 Apr 2016

HP Enterprise Services readies deeper cuts in UK: Now 1,000 techies face axe

Exclusive HPE is planning to axe roughly 1,000 Enterprise Services techies in the UK, The Register has learned today. The bulk of the cuts will hit the Infrastructure Technology Outsourcing (ITO) wing: as many as 780 people in that division are now at risk of losing their jobs. Staff in the UK were sent an "internal use only" memo on …
Chris Williams, 04 Mar 2016
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Cloudbees draws up qualification plan for worker bees

Continuous delivery outfit Cloudbees is to join the certification game before the summer, debuting an accreditation scheme for its Jenkins-based platform. The vendor has a busy few months ahead, with the launch of its private cloud service, and preparation for version 2.0 of Jenkins sometime in Q2. When asked by the Reg …
Joe Fay, 03 Mar 2016
HP ZBook 17 mobile workstation

Who hit you, HP Inc? 'Windows 10! It's all Windows 10's fault'

HP Ink – the PC and printers half of the Hewlett-Packard split – has blamed Windows 10 for a ho-hum quarter of declining sales. "Windows 10 is a tremendous operating system platform," HP Ink CEO Dion Weisler told analysts and investors on a conference call on Wednesday afternoon. "But we have not yet seen the anticipated Win10 …
Chris Williams, 25 Feb 2016

Let's talk over Wi-Fi, says Oracle to folks who don't know Skype exists

MWC16 Oracle's parked its yacht near Barcelona and fired off the usual broadsides of product announcements that accompanies a major conference like Mobile World Congress. Mobile operators in need of a Wi-Fi gateway can throw their hats into the air with the launch of the Oracle Communications Mobile Security Gateway. The gateway's …
NVidia aims to gives games power to handhelds

PC sales aren't doing so great – but good God, you're buying mountains of Nvidia graphics cards

If you thought the slump in PC sales was going to hit Nvidia like it whacked Intel and AMD, then, well, you were wrong. Nv just reported a record quarter to round off a record year in terms of sales. In the three months to January 31, revenues from the graphics chip giant's PC cards rose 25.4 per cent on the year-ago period to …
Chris Williams, 18 Feb 2016
Cisco RFGW-1-D Edge QAM

Enterprise network spend hits the brakes – and Cisco's OK with that

The financial market turmoil that's characterized 2016 has led Cisco to set modest expectations for the coming three months. Having said that, the networking giant is pleased with its performance in Q2 of its fiscal 2016, aka the quarter to January 23. Its US$11.8bn second quarter revenue (normalized to exclude the cable …
Surfer

VMware kicks off new vSphere beta test

VMware is looking for people to indulge in some beta testing for a new version of vSphere. An expression of interest page has appeared and VMware's community of anointed “vExperts” has also been asked to sign up. Just what's in the beta isn't being revealed, but VMware's asking testers to move fast. Those engaged for the test …
Simon Sharwood, 08 Feb 2016
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Z-z-ZAP! Salesforce.com reveals Lightning release and price hikes

Salesforce.com has revealed new and more expensive versions of its products. The crown jewel is a new release called “Lightning” that adds integrated VoIP, the better to help sales folk make calls fast and have them logged for managerial approval. There's also more analytics, tied to email if required, to help send more and …
Simon Sharwood, 04 Feb 2016
Dandelion, image via Shutterstock

Oracle hires cloud 'success' pushers, denies EMEA customers are floating away

Oracle is expanding its platform-as-a-service cloud team in Europe, but denied it is a move to revive renewals. The database giant confirmed it is hiring 150 people across EMEA to join the firm’s Customer "Success" programme under Carmen Romero. Oracle told The Register the move is in response to growing customer demand and …
Gavin Clarke, 01 Feb 2016

Juniper slurps packet-optical outfit BTI Systems

Juniper Networks has announced it's going to acquire BTI Systems. Once a packet-optical specialist, BTI Systems spent much of 2015 positioning itself into the software-defined networking (SDN) and network function virtualisation (NFV) markets. That work included giving its 8700 Series the ability to work with OpenDaylight SDN …
Boardroom_and_directors

Basho bashed by bolshy backer, ex-boss claims in court brouhaha

Basho Technologies is being sued by its cofounding ex-CEO, who alleges a major investor caused a disastrous fall in the company's finances. Antony Falco and Earl Galleher founded Basho in 2008. The biz, based in Bellevue, Washington, develops the Riak distributed NoSQL database that can store massive amounts of unstructured …
Chris Mellor, 08 Jan 2016
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DevOps is no excuse for cowboy devs. Right. Let's talk Composable Infrastructure

HPE, or Hewlett Packard Enterprise to you and me, has announced Synergy, rich with new buzzwords for existing concepts and the promise of brand new hardware to woo and wow. With general availability in Q2 2016, Synergy is taking the lead in HPE's "composable infrastructure" push ... but what lies underneath all the marketing …
Trevor Pott, 07 Jan 2016

Who will buy our darn DRAM? Micron smacked in wallet again

It was not a happy Christmas for Micron, as the numbers confirm it is suffering in the solid state memory and storage business with a fourth consecutive decline in revenues and fifth in profits. It made $3.35bn in revenues for its first fiscal 2016 quarter, compared to $4.57bn a year ago and $3.6bn in the preceding quarter, …
Chris Mellor, 30 Dec 2015

NetApp needs more than SolidFire: Slip Simplivity into your Xmas stocking

Comment NetApp’s SolidFire acquisition is necessary – but not enough on its own. There is still a hole, a hyper-converged infrastructure appliance shaped hole, in NetApp’s storage market coverage. Sunnyvale-based NetApp is saying SolidFire won’t do much for its revenues. William Blair analyst Jason Ader told his subscribers: “From a …
Chris Mellor, 22 Dec 2015
Oracle OpenWorld cloud

Oracle beefs up container credentials with Five Guys buyout

Oracle bounced back from a disappointing Q2 with a cunning plan to ease its way into the containers/DevOps space - by quietly taking over a five person Austin-based startup called StackEngine. The database giant slipped in a filing to the SEC over the weekend announcing it had taken over StackEngine, and the share option …
Joe Fay, 22 Dec 2015
Mark Hurd and Safra Catz

Oracle, looks like your revenues were down. 'Cloud! Cloud! Look at the cloud!'

Oracle is pointing to continued growth for its cloud business as the bright side in a quarter that saw the enterprise giant drop revenues slightly, but still top Wall Street expectations. Big Red's fiscal 2016 Q2 numbers ending November 30 were as follows: Total revenues were $8.9bn, down 6 per cent from the $9.5bn haul over …
Shaun Nichols, 17 Dec 2015

Rack servers drive $120bn data centre infrastructure market

How many rack servers are there in the world? Umm … we can tell you this: about $10bn-worth were sold in Q3 this year or 34 per cent of a global data center infrastructure market worth $29bn in the quarter. So says Synergy Research Group, which compiled the numbers: its definition of data center infrastructure includes servers …
Drew Cullen, 14 Dec 2015
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Seagate wears dunce's cap in hi-cap disk ship slip

Seagate has misjudged the high-capacity disk drive market, lacking helium-filled drives and mucking up its 8TB drive manufacturing tactics. Despite recognising that high-capacity drives are the key part of its enterprise portfolio, with SSDs killing off the high-performance 2.5-inch spindle market, Seagate has let WDC (HGST) …
Chris Mellor, 14 Dec 2015
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NetApp wades into UK engineering pool, crowns first local techie officer

The chief-techie-shaped hole at the top of NetApp’s UK ops is no more: the hard-pressed storage giant has plucked veteran engineer Grant Caley and pinned the Principal Technology Officer’s badge to his lapel. We are told that Caley will spend his time “enhancing the business and technical relationships with customers, with a …
Paul Kunert, 10 Dec 2015
Speed

Ethernet switch sales flatten but 40 Gbps starts to take off

The Ethernet market remains pretty dull: flat on a year-on-year basis, prone to quarter-on-quarter swings in individual segments, and dominated by Cisco. One vendor that can wave IDC's latest numbers in front of its investors is Juniper Networks, which piled on 39.4 per cent year-on-year, but at US$230 million for the quarter …
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World bought 143 exabytes of storage in Q3, mostly spinning rust

The world bought 143 exabytes of storage in 2015's third quarter, according to analyst outfit Trendfocus, and looks to be on track for a 500 exabyte year. The firm doesn't usually name a “bytes shipped” number in the briefs it releases at no charge, but made an exception for the its Q3 data. That release reports 143 exabytes …
Simon Sharwood, 04 Dec 2015
Horse_racing

Gartner: EMEA server market is two-horse race between Dell and HPE

The EMEA server market looks to be a two-horse race between Hewlett Packard Enterprise and Dell, according to Gartner. There was a relative spike in demand during calendar Q3 as shipments went up 1.4 per cent to 533,106 units and the value of those sales increased 3.7 per cent to an estimated $3bn - this followed a shrinking …
Paul Kunert, 02 Dec 2015

HP storage financials: Meh. Meg Whitman needs to make this right

+Comment HP, no HPE, storage's revenues are down again, continuing a longish slump and, with HP Inc (PCs and printers) now undocked from HPE (the rest), many are asking the question: "What next?" Within HP's* revenues for the fourth fiscal 2015 quarter, converged storage product revenues (3PAR, StoreOnce, and StoreAll) grew nine per …
Chris Mellor, 26 Nov 2015
4 arrows signs in arrow on wooden wall

NetApp revenues and profits decline again despite positive spin

Despite its CEO saying NetApp was moving forward with clarity and speed in the data-powered digital era, NetApp recorded lower revenues and profits on the annual compare for its second fiscal 2016 quarter, ended October 20. Same old, same old. Revenues for the quarter were $1.45bn, six per cent down on the year-ago quarter’s $ …
Chris Mellor, 19 Nov 2015
Fujitsu Arrows NX F-04G

We are not getting out of PCs, says Fujitsu exec

Fujitsu is the latest bit part PC player to state its commitment to the product line, as it prepares to spin off the computer and mobile businesses into two separate subsidiaries. The units were part of the Ubiquitous Solutions division but at some point in the next 12 months will be distinct entities sitting under the Product …
Paul Kunert, 17 Nov 2015
Cat from Cisco TV ad

Cisco sees APAC turnaround, but enterprise and router sales slide

Cisco has turned in Q1 revenue and income well ahead of the same-time last year numbers, but has given traders a chill with less-bullish guidance for the future. The first quarter 2016 revenue, at US$12.7 billion, was only 3.6 per cent better than Q1 2015, but slimming down its costs meant the Borg reported net income of $2.4 …
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Lenovo loses $784m in Q2. But actually things are OK

Restructuring costs downed Lenovo’s profits for a second consecutive quarter caused by the ingestion of acquired businesses and previously confirmed job cuts. Operating expenses swelled in the company’s Q2 of fiscal year 2016 to $2.36bn from $1.09bn a year ago, paving the way to an operating loss of $784m, compared to an …
Paul Kunert, 12 Nov 2015
management governance3

White box servers? We can do that, says HP Enterprise chief

Interview The Far Eastern white box makers are sucking up some server volumes in Europe at the expense of the big brands – but that’s just fine, according to Hewlett Packard Enterprise’s EMEA chief. Stats from IDC revealed that in Q2 the ODMs (original design manufacturers) grew unit sales and revenues by 40 and 42 per cent respectively …
Paul Kunert, 10 Nov 2015
Toilet roll printed with fake US $100 bills

Symantec numbers are out. Execs might wish they weren't

A soon to be storage-free Symantec has reported its last numbers before the split with Veritas and they aren’t good - not if you are a company exec or investor. The firm has operationally split from Veritas - which was offloaded to private equity biz The Carlyle Group - but the legal separation is set for 1 January. …
Paul Kunert, 06 Nov 2015
The road running through the PRATCHETT landing area

CommVault cries out in revenue pain as profits slam into reverse

CommVault's second quarter saw a deepening loss and continued revenue decline, putting the pressure to perform on its new software. Days after the CommVault Data Platform, the rebranded Simpana, was launched, CommVault's quarterly results showed the need for it and its hoped-for revenue pick-me-up properties. Revenues of $140 …
Chris Mellor, 27 Oct 2015
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Cisco swallows security firm Lancope for $452m

Cisco has announced its intention to acquire netsec firm Lancope for more than $452m in cash. The company aims to supplement its security offerings with those of Lancope's StealthWatch suite, which protects networks with live monitoring and behaviour analytics of network data flows. Cisco is doubling down on its netsec …