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Articles about q2

Restructuring costs drag down Avnet's Q2 profits

The better start to fiscal '14 at Avnet Inc is continuing though EMEA remains the damp patch for the enterprise tech side of the house and component sales in the Americas were weaker than expected. If revenue gains are the measure of success - which they frequently are in wholesaler land - then Avnet did well, with group …
Paul Kunert, 23 Jan 2014
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PC rivals weep while Lenovo dazzles with Q2 box-shifting numbers

If the HP folks in Palo Alto were hoping to see a chink in Lenovo's armour on its latest quarterly financials they will be sorely disappointed - a double-digit growth fest was banked by the Chinese dragon AGAIN today. The company has its portfolio limitations but it made the most of the sectors in which it operates to push up …
Paul Kunert, 07 Nov 2013

Samsung claims it still plans to ship Tizen phones in Q2

Hope springs eternal for wannabe Android competitor Tizen, with Samsung saying it plans to ship the first smartphones based on the open source OS in the second quarter of 2014 – carriers' cold feet be damned. In an interview with Reuters, Samsung senior VP of product strategy Yoon Han-kil said the Korean firm plans to release " …
Neil McAllister, 17 Apr 2014

Gartner: UK PC market stayed on its knees in Q2

The UK PC market was lifeless in Q2 and apocalyptic beancounter Gartner is not sure the whether it can be fully revived ever again. Or maybe its just that PC disties are placing fewer, less sizeable orders in anticipation of slow summer sales – and with one eye on keeping inventory at more manageable levels after getting burnt …
Paul Kunert, 09 Aug 2012

BrightPoint bosses steer biz to Q2 losses

BrightPoint recorded significant losses for calendar Q2 just as Ingram Micro was preparing to table an offer of $850m for the wireless device and services distie. In results filed last night, the firm turned over $1.27bn (£814m), up three per cent year-on-year for the period ended 30 June. This included $1.14bn from product …
Paul Kunert, 10 Aug 2012

Intel grazes Q2 numbers, but 'growth will be slower' in Q3

Intel has reported its second-quarter 2012 financial results, and you can almost hear the Wall Street moneymen breathe a muted sigh of relief – although the sound of popping champagne corks is not likely to be heard. Although total Q2 earnings were just under expectations at $13.5bn, the all-important earnings-per-share (EPS) …
Rik Myslewski, 17 Jul 2012
AMD logo

AMD smacked by channel slump in Q2

The bean counters at AMD have done a first pass on the company's second quarter, and it is not looking so good. The company said in a statement after Wall Street called it a day on Monday that revenues in the second quarter ended in June would fall by approximately 11 per cent sequentially from the first quarter. AMD had …
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 …
Mellanox SwitchX-2 ASIC and its switches, not to scale

Sales deflate and Mellanox swings to a small loss in Q2

InfiniBand and Ethernet chip, adapter, and switch maker Mellanox Technologies sure could have used a massive server bump in its second quarter like it got last year thanks to the rollout of Intel's "Sandy Bridge" Xeon E5 processors. But instead Mellanox swung to a loss on a pretty significant revenue hit in the quarter ended in …
Apple HDTV

Apple to kick start 'iTV' production in Q2

Apple will start punching out 2-5m so-called 'iTVs' during the latter part of Q2, one financial analyst has forecast. Peter Misek, an analyst with US stockbroker Jeffries, told investor clients this week that he believes the companies making the display units have already started receiving core components, albeit in small …
Tony Smith, 13 Mar 2012
Fujitsu K supercomputer

Supercomputing takes a slight pause in Q2

With all of the relatively cheap computing power available today, and with the expanding focus from traditional supercomputers to clusters that can run simulations or big data workloads, you'd think that the HPC market would be growing like gangbusters. Not so. That's the latest news from the box counters at IDC. But there's …

HP wants HUNDREDS of hapless staffers OUT by April - trade union

Hundreds of British HP workers are being lined up for the chop this quarter with almost a half expected to come from Enterprise Services. Ian Tonks, national officer for IT and comms with trade union Unite, met with HP last week - as did the UK Works Council - to thrash out the latest tranche of local job cuts. He told us: "784 …
Paul Kunert, 11 Feb 2014
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Storage top dog EMC shows off swollen Q2 profits

Networked storage appears to have given EMC a boost, after the storage giant declared another solid set of results, with revenues and profit in its second 2012 quarter increasing on both an annual and a sequential basis. There was no visible sign of any wider economic issues restricting the company's performance. Revenues were $ …
Chris Mellor, 24 Jul 2012

Drooping smartphone sales mean hard times ahead for Brit chipmaker

British chip firm Imagination Technologies has said that a slowdown in the top end of the smartphone market, where Apple and Samsung dominate, will hit the number of chips it ships in the second half of the year. The company warned that it now expected its partners, including the fruity firm, to need between 580 million and 630 …

Acer shakes fist at rising DRAM and R&D costs

Acer has swung to a calendar Q2 loss caused by rising component costs and R&D investments, the Taiwanese PC maker has claimed. The world's fourth largest shifter of computer tin reported operating losses of NT$613m (£13.2m) for the three months ended 30 June compared to an operating profit of NT$433m (£9.3m) a year earlier. " …
Paul Kunert, 07 Aug 2013

We saw you admire that rack: UK server sales are finally recovering

Crack open the champers, suppliers - the UK server market actually GREW in Q2, ending five consecutive quarters of misery for those left brushing the dust off their systems. Factory revenues went up four per cent in calendar Q2 to $501m as legacy systems rebounded due to increased project work that followed mainframe product …
Paul Kunert, 19 Sep 2013
The Register breaking news

Virgin Media sees 36,000 cable customers scarper in Q2

Virgin Media lost 36,000 customers in the three months ended 30 June, but the ISP isn't that bothered about what it described as "lower-value single and dual-play" punters. The company claimed it was happy to shed such customers in favour of tailoring "superior services" to those willing to shell out more cash in return. "The …
Kelly Fiveash, 27 Jul 2011
fingers pointing at man

EMC revenues explode in Q2

EMC second quarter 2011 results are extremely good with record-breaking, double-digit growth all over the place, and only the Information Intelligence stuff down in the dumps. Second quarter (Q2) revenues were $4.85bn, 20 per cent higher than Q2 2010's $4.02bn. Net income rose to $546.5m, up a stonking 28 per cent on the $426m …
Chris Mellor, 20 Jul 2011

Tech Data on its crappy Q2: Don't blame us, blame the strong dollar

Distribution giant Tech Data, daddy of Computer 2000 and Azlan in the UK, has disappointed investors with a blip in its second quarter results. Net sales for the firm slipped 7.6 per cent from the same quarter last year to $5.96bn while net income dropped 26 per cent to $38.3m from $51.7m in 2011. The company said that foreign …
WD Caviar Green 2TB

Growing revenues, profits on the up: WD sails on serenely

WD’s latest quarter shows untroubled growth as the disk drive business sails serenely on, untroubled by any flash storm. For its second fiscal 2014 quarter, ended Dec 27, 2013, revenues were a clean $4bn, nicely up from the first quarter’s $3.8bn and the year-ago quarter’s $3.8bn. Net income was $430m, lower than the previous …
Chris Mellor, 23 Jan 2014
The Register breaking news

Rim PlayBook to hit UK in Q2 2011

Waiting for Rim's PlayBook BlackBerry tablet? Don't hold your breath - it's not out over here until April 2011 at the earliest. So says Gregory Wade, head of Rim's Asia operation, by way of local newssite DigiTimes. Wade said the PlayBook will debut in the US and Rim's native Canada in Q1 2011, with a broader roll-out following …
Hard Reg, 19 Nov 2010
Intel logo

Servers save Intel's Q2, and probably the year

Intel was expected to start rolling out its "Sandy Bridge" Xeon E5 processors last fall, perhaps around September and then by the end of the year. And it is a good thing for Intel that this didn't happen. In the second quarter ended in June, Intel's Data Center Group – which includes processors, chipsets, motherboards, and other …
Playground spring horse

TalkTalk's broadband base continues to fall as TV subs grow

TalkTalk reported flat sales during its second quarter as some of the budget telco's subscribers switched off the ISP in favour of a rival provider. The company's boss Dido Harding blamed a "noisy" market in the build up to the start of the Premier League football season. Churn on TalkTalk's broadband base rose to 1.7 per cent …
Kelly Fiveash, 12 Nov 2013

PC chip sales up, shipments flat in Q2

Shipments of microprocessors for netbook, notebook, desktop PCs and related x64-based servers and workstations flatlined in the second quarter as the economy stumbled a bit in the United States and Europe. Consumers held back on PC purchases while also spending some of their hard-earned cash on tablets. The good news is that …
The Register breaking news

BSkyB snaps up fewer new subs in Q2, still rakes in cash

BSkyB has once again seen the number of new subscribers signing up to the broadcaster's products fall, compared to the same period a year before. The telly giant, while announcing its second-quarter results this morning, said it added 100,000 customers during the three-month period ending 31 December 2011. Compare that figure to …
Kelly Fiveash, 31 Jan 2012
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Cisco stabilizes switching and routing in Q2

Networking - and some would say data center bellwether - Cisco Systems turned in a better-than-expected fiscal Q2 ended in January, with revenues up 10.8 per cent to $11.53bn and net income up a very good 43.5 per cent to $2.18bn. "We are moving ahead of our competitors and our industry peers," proclaimed Cisco CEO John Chambers …

Indonesia becomes MOST DANGEROUS place on the internet

Indonesia has had the dubious honour of supplanting China as the number one source of attack traffic globally in the second quarter, according to the latest stats from content delivery and security firm Akamai. The vendor’s State of the Internet report for Q2 found Indonesia accounted for 38 per cent of the world’s attack …
Phil Muncaster, 17 Oct 2013

Amazon's cloud revenues rocket up as company posts loss

Amazon's cloud division has contributed to over $1.6 billion in revenue in the e-retailer's nebulous "Other" category this year, as Bezos & Co.'s cloud continues its vertiginous rise. The "Other" category added $892m to Amazon's revenues in the second quarter of 2013, according to figures from the company's Q2 2013 earnings, …
Jack Clark, 25 Jul 2013
wall_street

Citrix share price tumbles on profit warning

Citrix issued a profit warning last night when rolling out preliminary financial data for calendar Q2, sending its share price crashing by 12 per cent. The mobility, desktop and virtualisation vendor said earnings per share (EPS) were estimated to be in the $0.39 to $0.40 cent range, compared to its previous guidance of $0.41 to …
Paul Kunert, 10 Oct 2013
hands waving dollar bills in the air

Acer announces shock slump in Q2 PC shipments

Acer has said its PC shipments will be down 10 per cent this quarter, highlighting the scale of the problems facing its new company president. The forecast came as the firm announced that Jim Wong would be taking over as corporate president, one of the slots left vacant by Gianfranco Lanci last month. Lanci had also held the CEO …
Joe Fay, 19 Apr 2011
Q2 Internet radio

Q2 motion-controlled internet radio

The Q2 is the simplest Internet radio you’re likely to find. It’s good looking too, with its tidy cube shape, rubberised casing and five colour options: white, black, lime and a couple of flowery pink and blue versions. Q2 Internet radio Hip to be square: Q2's Internet radio The last two colour choices presumably cater for …
Ian Calcutt, 09 Mar 2011

Dell spits up storage revenues after gobbling promising upstarts

Dell's storage revenues are continuing to decline as the company fails to reap the benefits of its acquisitions. EqualLogic and Compellent were great startups but the stellar growth of those two units has not translated into stellar growth for Dell's storage revenues. In its latest quarter, which finished at the end of June, the …
Chris Mellor, 21 Aug 2013

BlackBerry ends write-off of a year with $4.4 BEELLLION write-down

BlackBerry announced a whopping non-cash charge on its assets of $4.4bn in its earnings statement today. The company booked a loss of $354m on income of $1.2bn, the result of a continuing collapse in handset sales. In Q2 this year BlackBerry lost $254m on sales of $1.6bn. BlackBerry will continue selling BlackBerrys, but much …
Andrew Orlowski, 20 Dec 2013

The numbers are in: EMC still ruling storage LIKE A BOSS

It's that time again: another round of IDC's quarterly storage tracker figures. The total disk storage market has gone down 5 per cent on an annual compare, dragged down by falling server sales. The external storage (networked disk array) market has gone down just 0.8 per cent, showing the effect of server drag on direct-attach …
Chris Mellor, 11 Sep 2013

Enormo US reseller Insight rejigs top bods across rest of world

US-owned reseller Insight is clearing out a chunk of heavy duty sales experience to cut its cloth for leaner trade, say The Channel's sources. The reseller made changes to its mid-market leadership team in Q2 after losing market share in the pursuit of bigger deals, when UK sales directors Gregg Pearce and Tim Westbrook left the …
Paul Kunert, 17 Oct 2013
Clapping children

Wait, don't ditch that IT career just yet: UK vacancies hit 5-year high

Britain's tech jobs market is showing signs of recovery with the number of available positions growing across the nation. The number of tech jobs available in inner London has doubled since 2009, from 5,736 to 9,886 in 2013, according to new independent figures. IT recruiters CWJobs handed El Reg data that suggests the number …
Jasper Hamill, 21 Aug 2013
The Register breaking news

Cloud fluffs Citrix numbers in Q2

Citrix Systems turned in record-breaking financials in the second quarter. Revenues at the application, server, and desktop virtualization software specialist hit $530.8m, up 15.8 per cent, and net income was $81.9m, up an impressive 72.3 per cent from the year-ago period. In the quarter, product license sales rose by 15.2 per …
Gone fishing

HP goes fishing for a UK storage boss, hooks HDS sales director

HP has raided Hitachi Data Systems UK and snapped up director Nick Venables to run its local storage division, following a recent shake-up of the team. Warren Duke, the former head of storage at HP, was made channel boss of the business unit at the start of this month, among numerous other changes within the Enterprise Group. …
Paul Kunert, 15 Nov 2013
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HP the only PC maker to bleed distie sales in Blighty

Distributors in Blighty reported PC growth across all of the major vendor lines in Q2 with just one exception - HP posted a double-digit decline. The numbers came from channel researchers Context, which runs a quarterly European PC research tracker collating sales-out data from wholesalers on the gear that resellers (and hence …
Paul Kunert, 17 Jul 2013
fire damaged hard disk drive

CommVault whuppin' EMC in backup and recovery - report

IT research outfit Forrester has published an Enterprise Backup and Recovery report that shows little CommVault kicking the big backup guys' asses. The Forrester Wave Enterprise Backup And Recovery Software, Q2 2013 report looked at six enterprise backup vendors: ASG; CommVault; EMC; HP; IBM; and Symantec. The author, Rachel …
Chris Mellor, 08 Jul 2013
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Salesforce.com hoists fiscal year outlook as Q2 income slides

Salesforce.com jacked up its outlook for the year yesterday, after reporting second quarter sales that beat Wall Street expectations on revenues but which saw net income slide. The company, which grabbed more than 5,000 new customers in the period ended 31 July, recorded Q2 revenue of $394m, up 25 per cent from $316m total sales …
Kelly Fiveash, 20 Aug 2010

Reseller giant Misco puts UK workers at risk of redundancy – sources

Reselling monster Misco has put staff working in its customer services, accounts and buyers departments at risk of redundancy, according to sources close to the company. The European business, owned by NYSE-listed Systemax. is plotting to become the largest services-based reseller in the region inside four years by targeting …
Paul Kunert, 08 Oct 2013

Zuck on THIS: Mobile users propel Facebook to RECORD earnings

Facebook posted strong results for the second quarter of its fiscal 2013 on Wednesday, showing impressive growth in its advertising and payments businesses and earnings that soundly beat analysts' expectations. Revenue for the quarter was $1.81bn, a 53 per cent increase over the year-ago quarter. Of that total, 88 per cent (or $ …
Neil McAllister, 24 Jul 2013
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Life after Insight for execs swept away by new broom

A pair of former Insight Enterprises execs that exited last autumn in a wave of senior redundancies have emerged in pastures new, both at software firms. One-time EMEA marketing veep Ashley Gatehouse has rocked up at software asset management firm Crayon, with ex-Insight global sales veep Frank Bitoun landing in the same role at …
Paul Kunert, 25 Feb 2014
Microsoft Surface bomb

Microsoft loses cash on each Surface slab – but core biz strong as ever

Microsoft again reported solid earnings for the second quarter of its fiscal 2014 on Thursday, beating analyst estimates with figures that in some cases exceeded its own expectations. Sales were up for Redmond's Devices & Consumer and Commercial divisions alike, for total revenues of $24.5bn (£14.73bn) for the three months …
Neil McAllister, 24 Jan 2014

Intel sees 'signs of improvement in the PC business' but earnings remain 'Meh...'

Intel has posted its financial results for its first quarter of fiscal 2014 that were either marginally lower or higher than analysts' estimates, depending upon which analysts you trust. Chipzilla reported revenues of $12.8bn for the quarter, with net income of $1.9bn and the all-important earnings per share (EPS) coming in at $ …
Rik Myslewski, 15 Apr 2014

Asus boss flushes down tabs, says 'Windows RT has not been successful'

It takes a big company to admit it's wrong - and Taiwanese PC maker Asus has finally conceded that it can't keep making Windows RT tablets that folk simply don't want to buy. "It's not only our opinion, the industry sentiment is also that Windows RT has not been successful," said Asus CEO Jerry Shen told the WSJ ahead of its …
Paul Kunert, 09 Aug 2013
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iPad 'cannibalised' Q2 netbook sales

Market watcher Gartner this week presented further evidence that early adopter enthusiasm for netbooks has peaked. "Mini-notebook shipment growth slowed significantly in Q2 2010," said Gartner principal analyst Mikako Kitagawa. Growth, she said, "slowed" to the low 20 per cent range, down from more than 70 per cent in Q1 2010 …
Tony Smith, 16 Jul 2010
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
Palmisano Rometty IBM

IBM juices profits in Q2 despite sales drop

Big Blue has once again demonstrated that it knows how to wring profits out of itself even as revenues across its many product lines have stalled in the wake, of or in anticipation of, product transitions. In the second quarter, which ended in June, IBM's sales were down 3.3 per cent, to $25.78bn, but intellectual property sales …