Articles about q2

Cray Research Cray 2

Q2 wins drag Cray back into profit territory

Cray Computer's commanding footprint in the high-performance computing (HPC) market has pitched the venerable vendor back into profitability. In its Q2 2015 results announced Thursday, the company reported US$186.2 million in revenue and $5.8 million in profit, both well above what was reported for the same period in 2014, …
Godzilla vs Kitten by https://www.flickr.com/photos/fun9us/

VMware sprawls across the data centre to post 'solid' Q2 results

VMware has posted what CEO Pat Gelsinger described as “solid” second quarter results that exceeded analysts expectations on earnings-per-share and fell over the line on the revenue growth front. The former metric was 93 cents a share, two cents higher than expected. The latter was $1.6bn, a four per cent improvement that …
Simon Sharwood, 22 Jul 2015
HP Logo splitting in two

HP beats the street on earnings, misses on revenue in Q2

HP has announced its results for its second fiscal quarter, and the news is mixed. The market expected the company to post earnings of 85 cents on US$25.64 billion in revenue. The company trumped the earnings figure by announcing it delivered 87 cents per share, but missed on revenue with a figure of $25.45bn. That's down seven …
Simon Sharwood, 22 May 2015

PRE-SPLINTERED Symantec's Q2 revenue slips, net profit rises

Symantec has reported mixed second quarter results, with revenue down one per cent on the year, but net profit rising by the same amount. The company saw revenue of $1.62bn for its second fiscal 2015 quarter, compared with revenue of $1.64bn a year ago (a fall of one per cent), and $1.74bn in the previous quarter. Net profit of …
Chris Mellor, 06 Nov 2014

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
Windows XP boot screen

The XP factor gives MEGA-DISTIE Ingram Q2 sales a boost

The tills rang often for massive global distie Ingram Micro during its second calendar quarter, helped by frenzied PC refresh activity, but squeezing out better long term profits remains a work in progress. The globe's largest distie reported a revenue hike of $600m year-on-year to $10.9bn. Despite a near six per cent leap in …
Paul Kunert, 25 Jul 2014
4 arrows signs in arrow on wooden wall

Tired tablets don't tickle the imagination, so sales fall again

Box-counter IDC's latest Quarterly tablet tracker has more bad news for fondleslab fans: sales are down and the market is fragmenting. The firm's preliminary data for 2015's second quarter finds 44.7 million fondleslabs and typoslabs shipped, down seven per cent on 2014's shipments. Q2's never a cracker – it contains no major …
Simon Sharwood, 30 Jul 2015
NBN logo

New nbnTM roadmap reveals HFC tests to start in Q4

nbnTM, the entity charged with building and operating Australia's national broadband network (NBN) has released a new product roadmap. The new plan (PDF) reveals that retail service providers will be provided with a Network Sandpit for HFC” in 2015's fourth quarter. In Q2 of 2016, “HFC Business Readiness Testing” will commence …
Simon Sharwood, 01 Jul 2015

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

Insight becomes latest victim of global currency conundrum

Not a month passes without US-based tech suppliers bemoaning the ruinous impact of unfavourable for-ex rates on their financial well-being, and Insight Enterprises is the latest to do so. The Microsoft enterprise licensing house reported sales of $1.42bn for Q2 that were marginally up year-on-year but would have risen seven …
Paul Kunert, 04 Aug 2015

Kaboom: Delayed patent bomb hits SAP in the Q2 profit

Sales of new software for SAP saw a minor improvement this spring while cloud grew so fast the giant has upped its estimated figures for the year. But for all the positives, a patent bomb took a hefty chunk out of SAP’s profits in the second quarter. SAP reported a three per cent increase in total revenue for the period to 30 …
Gavin Clarke, 17 Jul 2014
box_shifting_channel

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
Layout of IBM's four superconducting quantum bit device. Using a square lattice, IBM is able to detect both types of quantum errors for the first time. This is the best configuration to add more qubits to scale to larger systems. (Credit: IBM Research)

Big Blue bafflement: Anyone in IBM Storage know which way is up?

Comment IBM's storage hardware revenues continued their long-term dive, judging by the corp's latest financial results. It's getting hard to know what to say about this. IBM is supposed to be one of the best-managed corporations in the world and yet, for twenty quarters in a row, its quarterly storage revenues have declined on the …
Chris Mellor, 21 Jul 2015
facebook_shock_648

Facebook is raking in so much filthy lucre, it can't spend it fast enough

Facebook beat estimates on both revenue and earnings for the second quarter of its fiscal 2015, but investors seemed taken aback by the social network's soaring spending. The firm reported revenue of $4.04bn for the three months ending on June 30, which was up 38.9 per cent from the same period a year ago. Its earnings were …
Neil McAllister, 29 Jul 2015

Record-breaking $502m in sales, BIG LOSSES – OF COURSE IT'S TWITTER

Twitter has managed to collect over half a billion dollars - and somehow throw it all away and more even though it does nothing but run a microblabber portal. But the markets are impressed anyway. The company brought in $502m for the second quarter of its fiscal 2015, which ended on June 30. The figure represented a 60.9 per …
Neil McAllister, 28 Jul 2015

Embarrassed Amazon admits to actually MAKING MONEY as cloud biz blooms

Wall Street got a nasty Q2 shock today from Amazon, which announced an unexpected profit driven largely by its cloudy AWS business. Total net sales for the three months ending on June 30 were $23.19bn, a 19.9 per cent year-on-year gain that ran right past financial analysts' estimates. But the real surprise was that the …
Neil McAllister, 23 Jul 2015
AMD underwater

AMD looks at sinking sales, gulps: It's worse than we thought

Struggling chipmaker AMD warned investors on Monday that its second-quarter results, which are due to be announced on July 16, will be lower than previously expected. During a conference call with financial analysts at the end of the company's previous quarter in April, AMD chief financial officer Devinder Kumar said he …
Neil McAllister, 06 Jul 2015

Pray for AMD

We were warned, but AMD's second-quarter results were still a shocking bloodbath, with revenue that missed analysts' estimates and came in even lower than the chipmaker's own revised guidance. Last week, we were cautioned to expect AMD's revenue for the period ending on June 27 to be down 8 per cent sequentially, contrary to …
Neil McAllister, 16 Jul 2015
Comet Lovejoy

Comet Lovejoy's greenish glow visible with naked eye this weekend

Northern stargazers in low-light environments should be able to pick up a greenish-looking space rock in the night's sky – as Comet C/2014 Q2 (Lovejoy) makes its closest approach to Earth in living memory. Comet Lovejoy expelling carbon So long, won't see you later Lovejoy, named after the Australian amateur astronomer Terry …
Iain Thomson, 10 Jan 2015
CPUs in a FatTwin

Official: Whiteboxer Super Micro is a $2bn server company

+Comment Commodity server vendor Super Micro has reached a $2bn run rate with its latest quarter's results. In Q2 fiscal 2015, the three months that ended 31 Decemer 2014, revenues jumped 41 per cent year-on-year to $503m, as profits grew to $31.24m, 134 per cent up the same period in fiscal '13. Super_Micro_Quarterly_Revs_to_Q2_fy2015 …
Chris Mellor, 26 Jan 2015

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
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

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 …
Intel headquarters, Santa Clara

Intel beats earnings estimates (because nobody expected it to earn much)

Punch-drunk Intel staggered along in the second quarter of its fiscal 2015 and somehow managed to outperform analysts' estimates, even though its results looked even worse than the previous quarter's. Total revenue for the three months that ended on June 27 was $13.2bn. And while that was better than Wall Street hoped for, it …
Neil McAllister, 15 Jul 2015
David and Goliath in the Valley of Elah

Mutant upstart Nimble embiggens revenues – and losses, too

Hybrid array storage start-up minnow Nimble Storage saw revenues grow strongly in its latest quarter, though not enough to trouble mainstream storage vendors. Revenues in its first fiscal 2016 quarter, ended April 30, were 53 per cent higher than a year ago at $71.3m, with a net loss of $29m: it was $19.6m a year ago. …
Chris Mellor, 27 May 2015
Emulex_results_Q2fy156

What's that, Emulex? A profit? Just over the horizon?

Emulex CEO Jeff Benck unveiled a ray of sunshine with surprisingly good preliminary revenues for its latest quarter. The company ships Fibre Channel HBAs and Ethernet connectivity products and is locked in combat with QLogic in the HBA and converged network adapter markets. Emulex is expecting $110m to $111m in revenues for its …
Chris Mellor, 20 Jan 2015
Apple iPhone 6 and 6 Plus

MONSTROUS iPhone sales are CANNIBALIZING iPads, gabbles Apple CEO

Apple countered soaring iPhone and Mac sales with yet another doleful quarter for the iPad in its second quarter of fiscal year 2015. The Cupertino giant logged Q2 revenues of US$58bn (£38bn, AU$73.9bn), up 27 per cent over US$45.6bn in the same period last year. Earnings per share (non-GAAP diluted) of US$2.33 beat analyst …
Shaun Nichols, 27 Apr 2015

Emulex ends seven-quarter run of losses

+Comment After seven straight quarters of losses, Emulex has made a $4.3m profit in its second financial 2015 quarter – but that performance might not be repeated next quarter. The profit was better by far than the $4m loss a year ago and the $700k loss in the previous quarter. Revenues were $111.1m, above guidance but still 9.7 per cent …
Chris Mellor, 30 Jan 2015

Silicon-happy ARM engorges its profits by a third – so its shares dip

ARM posted bumper sales and profits for its second quarter results – yet shares at the Cambridge-based outfit were still dragged down by Apple's "disappointing" results. Revenues at the mobile processor design biz rose 22 per cent to £228.5m for its second quarter, while pre-tax profits increased 32 per cent to £123.9m, …
Kat Hall, 22 Jul 2015
Apple Watch Sport

Apple Watch is such a flop it's the world's top-selling wearable

Apple's Watch was slow to reach stores, needed a patch for the FREAK bug, has given users a nasty rash, sparked a lawsuit and may not be notably better than Android Wear, but none of those travails have stopped it from becoming the world's number one wearable. So say the folks at analyst outfit Canalys, who reckon Apple …
Simon Sharwood, 21 Jul 2015

America helps ease Ericsson's pain

Ericsson boss Hans Vestberg is breathing a sigh of relief, with America's demand for mobile broadband stabilising enough to help it beat forecasts for the second quarter. The company announced on Friday that the North American territory had finally stabilised after declining for three quarters, helping both sales and profit …
Lemmings for Windows box by https://www.flickr.com/photos/comedynose/ cc 2.0 attribution generic https://creativecommons.org/licenses/by/2.0/

PC sales go OFF A CLIFF to under 300 million a year

The PC market had a horror second quarter, according to new data from analyst outfits Gartner and IDC. Gartner's blaming Windows 10 for the slowdown: the firm reckons buyers are holding on to their cash before the OS drops, in order to buy machines with Microsoft's new baby pre-installed. Others are holding off because the US …
Simon Sharwood, 10 Jul 2015
euros_channel_money

Wunderbar! Bechtle chairman fizzles after sizzling financials

Sprawling German-owned tech reseller Bechtle AG today reported a double digit spike in revenues as it made ground both in the relatively sluggish home markets and abroad, helped by acquisitions. Turnover in calendar Q2 was up 16.4 per cent to €603.7m (£482m) including a 14.6 jump in domestic revenues to €403.4m as those outside …
Paul Kunert, 08 Aug 2014
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

AVG stung as search revenue from freebie scanners dries up

Security software firm AVG net income has fallen from $24.7m in Q2 2013 to $13.7mn in Q2 2014, according to financial results out Wednesday. The profits slide is explained by the slip in revenue from $100.4m in Q2 2013 to $88m in the three months running up to 30 June 2014. AVG responded to the results by revising its outlook …
John Leyden, 31 Jul 2014
Stanley Kubrick's The Shining

Yahoo! reverses! reversal! FLIPS! profit! into! loss!

Yahoo! has reported a $22m loss for its second quarter, as CEO Marissa Mayer tries to buy market share off Google and Facebook. For the same period last year, the ad business booked a $270m profit, so the quarter represents a slump of nearly $300m. The loss, which Reuters briefly described as a “lower-than-expected profit” …
Apple iPhone 6 and 6 Plus

Fondleslab, wristjob action just not doing it for Apple right now

Apple's third quarter sales – due to be published tomorrow – will show the continuing value of iPhone and Mac products, while the Apple Watch and iPad merely disappoint, suggest a KGI analyst. Sluggish growth in the sales of wristjobs and the continuing decline of fondleslabs is reported by a "well-connected" KGI analyst, Ming …
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 …

What? EMEA PC sales dropped by HOW much?

With tech distributors and retailers suffering PC inventory indigestion in EMEA, shipments into the region during Q2 were always likely to be bad, and they didn’t disappoint. Some 18.6 million desktops, notebooks and premium ultra mobiles found their way into outlets in the three months, that is down 15.7 per cent, or 3.47 …
Paul Kunert, 10 Jul 2015

Avnet sales slip but EMEA operation's off the hook - for now

Avnet Technology Solutions is on the slide again as its sales and operating profit went south in Q2 fiscal ’15. The distie’s latest president has clearly got his work cut out to turn in consistent and sustainable growth. The enterprise tech wing of Avnet Inc today reported financials for the three months ended 27 December. …
Paul Kunert, 22 Jan 2015

Hear that screeching sound? It's the sales brakes on distie juggernaut DCC Tech

The wheels have slowed on the distie juggernaut Exertis and mobile computing is to blame, Irish parent DCC confirmed today. In a trading update for Q1 covering the three months ended 30 June, DCC Technology which comprises Brit subs Exertis and Gem, revealed things aren’t quite going to plan. “Trading in DCC Technology was …
Paul Kunert, 17 Jul 2015

MOUNTAIN of unsold retail PCs piling up in Blighty: Situation 'serious'

A consumer PC bottleneck in the UK could result in some price cuts ahead of the Windows 10 launch - or so folk in the supply chain are telling us. Distributors are sitting on roughly 60 days of client stock - around twice the amount they typically carry - and all vendors, save for HP, contributed to the mess. “Inventory levels …
Paul Kunert, 19 Jun 2015
"Typical E-scrapping dismantling operation. 100,000 such migrant workers labor in Guiyu breaking down imported computers in hundreds of small operations like this one in a four village area surrounding the Lianjiang River."

New racks, cables for aging and neglected data centres

Enterprises are shuttering their smaller data centres, but are opting to shift to larger upgraded facilities rather than shifting the whole shebang to the cloud. 451 Research’s Voice of the Enterprise: Datacenters survey found that in Q2 a whacking 87 per cent of data centre operators in Europe and North America are maintaining …
Joe Fay, 02 Jul 2015
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 …

Merry Xmas, Neohapsis, here's your Cisco-dollars

Cisco is beefing up its security intelligence-gathering, snapping up privately-held advisory Neohapsis for an undisclosed sum. Neohapsis is a Chicago-based security advisory and bug archivist outfit, and will boost Cisco's risk management, compliance, cloud, application, mobile and infrastructure security offerings, according to …
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 …

Hortonworks to gobble Budapest-based SequenceIQ

Hortonworks decided it needed an automated tool to launch Hadoop clusters in the cloud, or any environment supporting Docker containers, and one buy of SequenceIQ later, ’tis done. The loss-making slinger of enterprise Apache Hadoop is to consume the Budapest-based open source developer of rapid deployment tools, for an …
Paul Kunert, 14 Apr 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