Articles about q2

What's on a road to nowhere? Ingram's Q2 numbers

Ingram Micro outlined progress, or rather lack of it, when it reported calendar Q2 numbers last night and did little to convince financial markets - including Shanghai’s Stock Exchange - that it is a business going places fast. The world’s largest tech distributor said revenue for the three months ended 30 June were down four …
Paul Kunert, 29 Jul 2016
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The bigger they get, the harder we fall: Thinking our way out of cloud crash

Cloud computing is wonderful, until it isn’t. A digital screw comes loose somewhere, and before you know it the whole engine has ground to a halt in a cascading cloud outage – or, as we like to call it, a cloutage. It has happened before, and Bryan Ford was very worried about it in 2012. Then a Yale Researcher, he published a …
Danny Bradbury, 29 Jul 2016

Bezos bags bonkers bucks as almighty AWS astounds again

Amazon Web Services (AWS) is on a roll after closing a financial quarter in which its operating income more than doubled. Amazon as a whole posted a solid quarter, with net sales of $30.4bn, up from $23.1bn, and net income of $857m, up from $92m. Much of that was due to the success of the cloud computing business. For the Q2 …
Shaun Nichols, 29 Jul 2016
Facebook's Mark Zuckerberg, speaking at the 2015 F8 conference

Facebook is unstoppable

Facebook today revealed its financial figures for Q2 2016 – the three months to June 30 – and if you're an FB hater, prepare to be disappointed. Revenue: $6.4bn, up 59 per cent year on year from $4bn. Profit: $2bn, up 186 per cent from $719m. Earnings per share: 71 cents, up from 25 cents. Daily active users: 1.13 billion …
Shaun Nichols, 27 Jul 2016

Comcast bleeds cash, users

While other US telcos have had a rough go of it this financial quarter, T-Mobile US and Comcast had good and bad news for Q2 2016 to share with investors this week. For Comcast, in the three months to June 30: Revenues of $19.3bn, up 2.8 per cent on the year-ago quarter. Net income of $2bn, down 10 per cent from $2.2bn a …
Shaun Nichols, 27 Jul 2016
Close up of etched silicon

Brit chip bods ARM quietly piling up cash. Softbank will be happy

Cambridge-based processor design business ARM has posted substantial revenue and profit increases for the months in the runup to the Brexit vote. The company being bought by Japanese megacorp Softbank for £24.3bn, though Softbank has promised that this will be a Brexit in ownership only. ARM will retain its "senior management …
A plate of horderves

Cavium revenue, losses rise

Networking semiconductor outfit Cavium has reported rising revenue for Q2 2016, but its losses are widening. Its revenue for the quarter was US$107.2 million, up 2.1 per cent on the same period last year and up 5.2 per cent from Q1 2016. However, losses are up. The company announced GAPP net loss of $7.4 million, up from $3.8 …
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Services income helps Juniper keep Q2 from collapse

The tough networking market continues to make growth difficult for the big names: Juniper Networks has reported flat year-on-year Q2 2016 revenue and has warned of a flat outlook. Second quarter 2016 revenue was US$1.221 billion, and its operating margin fell year-on-year from 19.9 per cent in Q2 2015 to 16.7 per cent for the …
Verizon corporate building

Verizon blames striking workers for dent in sales

Fresh from its $4.8bn acquisition of Yahoo!, Verizon says its sales dropped five per cent year-on-year in its latest quarter, the three months to the end of June. Essentially, US telecom giant's wireless and wireline revenues fell over the year-ago quarter. Here's a summary of VZ's Q2 2016 results: Revenues of $30.5bn were …
Shaun Nichols, 26 Jul 2016
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Locky now top email menace

Locky claimed top spot for email-based malware in Q2, overtaking Dridex, a banking trojan. Many Locky and Dridex slingers turned to JavaScript files attached to email messages to install payloads, email security firm Proofpoint warns. Among email attacks that used malicious document attachments, 69 per cent featured the new …
John Leyden, 26 Jul 2016
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

Third time unlucky? HPE in redundancy talks with UK services staff

Hewlett Packard Enterprise has told UK and Ireland Enterprise Services (ES) staff they face the axe once again – in a third round of redundancies in less than a year. The company, which is offloading the division to CSC in the next financial year, is asking for volunteers this time unlike the previous compulsory job cuts. In …
Paul Kunert, 22 Jul 2016
Woman looking sceptical. photo by shutterstock

They kept that quiet. PC sales via distributors DID rise in Q2

It is a Friday and El Reg is pleased to be able to answer the burning question on the lips of readers across the land - just how did PC sales via distribution do in the second quarter? They went well. Though retailers and wholesalers bought in stock conservatively, as recorded by Gartner and IDC, channel analyst Context …
Paul Kunert, 22 Jul 2016

Official: AMD now stands for Avoiding Miserable Death

AMD fans are over the moon today as their favorite processor designer has sold more chips than expected in the three months to June 25. The Sunnyvale, California, biz beat analysts' estimates on revenue and earnings per share in a billion-dollar quarter that ended in the black rather than the usual red: the Radeon maker banked …
Chris Williams, 21 Jul 2016

Apple Watch craze over before it started: Wrist-puter drags market screaming off a cliff

Smartwatch shipments are in freefall thanks to slowing sales of the Apple Watch. Research house IDC says that year-over-year shipments were down 32 per cent in the past quarter, with Apple far and away taking the biggest hit as its Watch shipments fell an eye-watering 55 per cent from last year. Analysts say that the drop is …
Shaun Nichols, 21 Jul 2016

The cloud ain't making it rain for Intel right now: Tech giants pause server chip sales

Analysis Intel's stock price fell on Wednesday after it became clear the processor maker is not selling quite as many server processor chips as investors had hoped. The Silicon Valley giant reckons its CPU sales into data centers will hit double-digit growth by the end of the year. So far, with half the year gone, we're staring at mid- …
Chris Williams, 21 Jul 2016

EMC: Sales flat but wallets fat. Ready to vote on the merger?

EMC-Dell deal EMC saw totally flat revenues in its second quarter but profits rose 19 per cent. It could have been better as late orders couldn't be fulfilled. Revenues were a straight $6bn, unchanged from a year ago but up 9.6 per cent sequentially. They were $5.9bn two years ago so EMC is arguably standing still revenue-wise. Net income …
Chris Mellor, 19 Jul 2016
A burning dumpster

Dying! Yahoo! writes! off! half! of! the! $1bn! it! paid! for! Tumblr!

Yahoo! fell short of already-low expectations as the shriveling internet icon continues to limp towards its impending sale. CEO Marissa Mayer had no update on the Purple Palace's quest for a buyer, but said the company was still working on the sale of its core business. "In addition to our efforts to improve the operating …
Shaun Nichols, 19 Jul 2016
VMware CEO Pat Gelsinger

VMware promises multi-cloud connection and management products

VMware CEO Pat Gelsinger has dropped a very strong hint that the company plans to get into multi-cloud connectivity and management. In prepared remarks during the company's Q2 earnings call today, Gelsinger said the company plans to offer “unparalleled connectivity, security and visibility across multi cloud IT resources …
Simon Sharwood, 19 Jul 2016
A plate of horderves

Ad viewability worsens

Ad viewability worsened in the UK according to the adtech industry's own trade body, the IAB. Viewability of display ads fell to 47 per cent in Q2 2016, the lowest for six quarters, and lower than the international average of 56 per cent, and European rivals. An ad must be viewable for a full second, according to IAB metrics …
Andrew Orlowski, 15 Jul 2016
Street musician busks for coins. Photo by Shutterstock

Spotify, YouTube pay musicians with ever-shrinking buttons

Digital music is a loss leader for tech giants, driving traffic to other parts of the plantation as they harvest personal data. But it’s creators who are carrying the loss. “Leaked” Spotify numbers suggest its maintaining an audience lead over Apple in the digital streaming business - but only by giving the music away for …
Andrew Orlowski, 12 Jul 2016

LG’s modular gambit stalls

LG’s bold design move to include an expansion slot for bespoke removable modules in its flagship phone isn’t paying off. The company has reshuffled management and admitted that the "latest flagship G5 smartphone failed to generate sales”, but didn’t say by how much. Korean source Aju Business Daily suggests LG will lower its …
Andrew Orlowski, 12 Jul 2016
Smashed computer

Apple crumbles: Mac sales slump while Dell, HP Inc, Lenovo shift PCs

Apple was the biggest loser in a Q2 that saw PC shipments down across the board. Research house Gartner reports that on the year-ago quarter, global shipments fell by 5.2 per cent overall, though the North American market showed some signs of life with a modest 1.4 per cent gain. Globally, Lenovo remained the single biggest …
Shaun Nichols, 12 Jul 2016

EMC will hawk Dell's Nutanix-powered XC kit

Exclusive VCE president Chad Sakac has confirmed EMC will pick up Dell's Nutanix-powered XC hyper-converged system, even though EMC's own VxRail hyper-converged system sales are "on fire." VCE is EMC's Converged Platform Division, and – lest we forget – EMC is going to be gobbled up by Dell, which flogs Nutanix-powered XC gear. If that …
Chris Mellor, 07 Jul 2016
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900 Hewlett Packard Enterprise staff to leave building by month end

Nearly 900 UK-based personnel at Hewlett Packard Enterprise are to be released into the wilds at the end of this month, according to the redundancy schedule seen by The Register. The majority of those made to walk the plank come from Enterprise Services, which is the area that has been hit hardest in HPE’s continuous cost- …
Paul Kunert, 04 Jul 2016

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