Articles about q2

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

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

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
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
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
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

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
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

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
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 …
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

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

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
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
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 …

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 …

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
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 …

HP sets net to snare Aruba: reports

HP looks like breaking its long embargo on large acquisitions by snaffling Aruba Networks, according to emerging reports. Bloomberg's report cites the usual “people with knowledge of the matter” as saying the two companies are in talks, adding that the deal is in such early stages that it could still fall through. The Wi-Fi …
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 …

You can put away the microscope – you can see Acer's profit from HERE (for a change)

Red ink was again conspicuously absent from Taiwanese device slinger Acer’s second quarter numbers, despite continued sale slippage. The biz turned in a net profit of NT$486m (£9.6m, $16.1m) for the calendar quarter versus a net loss of NT$343m (£6.77m, $11.3m) a year ago when it had stumped up for rising DRAM prices and …
Paul Kunert, 08 Aug 2014

Teradata tumbles off Wall Street pedestal, buys back paper

Big data and data warehouse shop Teradata has fallen from Wall Street grace with a Q1 revenue and profits miss. First quarter 2015 revenues of $582 million were 7.3 per cent down on the year-ago quarter's $628 million. The $22 million net income was 63 per cent less than the $59 million recorded a year ago. In the prior quarter …
Chris Mellor, 07 May 2015

Lenovo sings distie initiation song, adds Westcoast to line-up

Industry eyes may be on Lenovo’s swollen server digits after wolfing down IBM’s System x biz but the Chinese dragon is upping the numbers in its PC distie ranks to pull in more sales across Blighty. Reading-based Westcoast today took on the professional side of the portfolio, adding to the Lenovo consumer clients it already …
Paul Kunert, 12 Jan 2015
Microsoft campus

Microsoft brings SUNSHINE – but it's a CLOUDY DAY

Microsoft posted another quarter of respectable results on Monday, matching analysts' earnings estimates and slightly outperforming on revenue, but its strong showing couldn't disguise the continued shakiness in its core software business. The software giant reported total revenues of $26.47bn for the second quarter of its …
Neil McAllister, 26 Jan 2015

Apcera goes hybrid

Platform-as-a-service outfit Apcera has announced its hybrid cloud solution is nearly ready to go, with demonstrations in March and general availability in Q3 of 2015. The company, in which Ericsson purchased a majority stake last year, is going to show off the offering at Mobile World Congress in Barcelona in early March. …
Qumulo QC208

Qumulo gets fat appliance alongside skinny fast one

Qumulo – the start-up building a better-than-Isilon scale-out NAS and staffed by Isilon vets – has launched a capacity-focused hardware product to complement its fast skinny one. Qumulo’s QC24 is a 1U appliance focused on performance, with 24TB of raw disk and 1.6TB of raw flash capacity (2 x 800GB eMLC SSDs) per node with the …
Chris Mellor, 20 Apr 2015
Cisco CEO John Chambers speaking at Cisco Live! 2014

Cisco hits the disco as unified comms, wireless sales are lookin' frisk, yo

Just watch that elephant dance: Cisco believes it's managed something Silicon Valley startups often die trying to do, “pivoting” the business to reverse a downward trend. CEO John Chambers sounded cat-swallowed-cream pleased during The Borg's Q2 2015 results call, and investors agreed, adding five per cent to the company's share …

Samsung faces down TAB and smartphone MOUNTAIN HORROR

Samsung has confirmed sluggish sales of smartphones and tablets combined with efforts to shift the stock mountain that cast a shadow over Europe, denting group sales and profits for calendar Q2. The Korean chaebol has been out of step with falling market demand and as exclusively revealed by The Channel back in May, Sammy UK …
Paul Kunert, 31 Jul 2014
joe_tucci_emc_channel

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

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
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
Job cuts jpeg

'Careful management of headcount' for Juniper after tepid quarter

Juniper Networks has reported a difficult third quarter that left CEO Shaygan Kheradpir “disappointed” by “lower-than-anticipated demand from service providers, particularly in the U.S.” Revenue was $1,126 million, down eight per cent from 2014's second quarter and five per cent compared to the same Q3 in 2013. Non-GAAP net …
Simon Sharwood, 24 Oct 2014

Adobe Flash: The most INSECURE program on a UK user's PC

Adobe Flash Player was the most insecure program installed on UK computer users PCs throughout the second quarter of 2014, according to stats from vulnerability management firm Secunia. Nearly seven in 10 (69 per cent) UK PC users were found to have an end-of-life version of Adobe Flash Player 13 installed during Q2 2014. Users …
John Leyden, 10 Jul 2014
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

Germany may have won the World Cup... but it dropped the ball for Computacenter

The German nation lifted the World Cup last weekend but those working for Computacenter will not have cheered the local team's performance this morning – when calendar Q2 financials were released to the City. A nasty crash in product sales across CC Germany unpicked momentum in Blighty and progress made in the French arm, …
Paul Kunert, 17 Jul 2014
Graph of US dollar going up CC 2.0 https://www.flickr.com/photos/68751915@N05/ 401kcalculator.org.

Surging dollar value brightens Tech Data’s European revenues

The unfavourable forex rate leaving US vendors with a damp patch on their financial results in Europe ironically might have helped Tech Data in its opening quarter of fiscal 2016. The world’s second largest tech distie reported sales of $5.8bn for Q1 ended 30 April, down 12 per cent year-on-year, but better than Wall Street …
Paul Kunert, 29 May 2015
Clip Art cartoon of smiling sun

Ericsson buys Sunrise Technology

Ericsson, which has just laid off 2,200 people Sweden and which plans more cost cutting around the world has already started spending the savings by buying the IT business services part of Chinese outfit Sunrise Technology. The transaction means Ericsson will take on 1,000 employees at the Guangzhou-based IT services provider, …
Simon Rockman, 17 Mar 2015

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 …
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

EMC revenues are up. But, hey Joe, I heard you shot your profits down...

EMC sold a record $5.9bn of products and services in its second 2014 quarter, representing a stately five per cent year-on-year increase in sales - and a $400m boost over the first quarter of this year. EMC’s second quarter revenues are generally higher than its first quarter. Net income was $589m, 16 per cent down on profits a …
Chris Mellor, 23 Jul 2014