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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
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

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
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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

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

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

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
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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

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 …

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
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

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
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 …

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

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

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
FASTER cable route

Trans-Pacific: Google spaffs cash on FAST undersea packet-flinging

Google plans to contribute to a $300m project that aims to traverse the Pacific with a new high-capacity submarine cable. The FASTER project will have a design capacity of 60 Tbps on six fibre pairs, each carrying 100 wavelengths of 100 Gbps, as this NEC media release says. The cable will connect two landing points in Japan – …
AMD FX-8150 Bulldozer

What's inside AMD's life-support machine? A big pile o' PlayStation 4s and XBox Ones

AMD execs are remaining optimistic despite emerging from a quarter in which the company made an eight-figure net loss and fell short of analyst estimates. In Q2 2014, ending June 29, the chipmaker bagged $1.44bn in revenue, up 24 per cent year on year. However, it recorded a GAAP net loss of $36m for the quarter, down from the $ …
Shaun Nichols, 18 Jul 2014
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Days since IBM last reported revenue growth: About 810

IBM revenues have overall declined, year on year, for the ninth quarter in a row as the company struggles to adjust to a cruel world increasingly led by lower-cost competitors. The venerable tech company reported second quarter of 2014 financials on Thursday. Revenues for the period were $24.4bn, down two per cent on the $24. …
Jack Clark, 17 Jul 2014

How's VMware doing? Like a bull in a China shop, boasts virty beast

VMware revenues have risen 17 per cent on the back of the company signing several lucrative multi-year licensing agreements. The virtualization giant reported its second quarter of 2014 financials [PDF] on Tuesday, with revenues of $1.46bn and earnings-per-share of $0.81 both beating analyst expectations of $1.44bn and $0.79 …
Jack Clark, 22 Jul 2014
Happy woman at a computer

Veeam's vigorous voyage vindicates virty servers' backup virtues

Ve have vays of making vast sums of loot! That's virtual server backup and data protection upstart Veeam for you, reporting 30 per cent revenue growth in the first half of 2014, and a customer count passing 111,500. The firm said the second quarter of fiscal year 2014 was the 26th one in a row with double-digit growth on a year- …
Chris Mellor, 31 Jul 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
The before and after effects promised by Dove's fake Photoshop action

Adobe all smiles as beret bods spaff cash on non-cloud Creative Suite

A late rally from Adobe customers wanting to buy software on a perpetual license before that option closed this month, coupled with a swelling base of cloudy converts, helped boost the developer's coffers in its fiscal second quarter. Adobe turned over $1.07bn in revenues in the three-month period ended 30 May, up from $1.01bn a …
Paul Kunert, 18 Jun 2014

SHOCK and AWS: The fall of Amazon's deflationary cloud

It's tough being a victim of your own business strategy, especially if you're Amazon founder and CEO Jeff Bezos. After spending twenty years applying a combination of price cuts, smart logistics, and ruthless efficiency to the publishing and music industries, Bezos' Amazon has grown into a vast company. But now the company's …
Jack Clark, 26 Jul 2014
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Skiddies turn Amazon cloud into 'crime-as-a-service' – security bod

Amazon Web Services' share of cloud-hosted malware-slingers has more than doubled in the last six months. That's according to NTT subsidiary Solutionary, which revealed the finding in its Q2 2014 Security Engineering Research Team (SERT) report published on Tuesday. The infosec researchers said that, out of the top ten ISPs and …
Jack Clark, 17 Jul 2014
management strategy2

Insight grabs EMEA sales and marketing veep

Insight has plucked a former Microsoft licensing honcho to run its sales and marketing function across EMEA, at a time when it is looking to move well beyond straight software transactions. Alexander Kaatz is joining the reseller titan to fill the shoes vacated by Ashley Gatehouse, who departed last autumn along with a bunch of …
Paul Kunert, 04 Aug 2014
Terry Lovejoy's comet discovery

Astronomers scramble for obs on new comet

It's too early to be certain, but with confirmation of a new, possibly near-Earth comet slated for a pass in early January 2015, sky-watchers will be working hard to calculate just how close it's going to come. The new object, C/2014 Q2 (Lovejoy), is the fifth discovered by Australian amateur Terry Lovejoy. As Universe Today …

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

Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales

Gigantic retailer Amazon grew sales 23 per cent, year on year, in its second quarter of 2014 – and managed to lose even more money than usual. The e-retailer and cloud giant reported an operating loss of $0.27 per share on Thursday on revenues of $19.34bn for the three-month period, compared with analyst expectations of a loss …
Jack Clark, 24 Jul 2014
Measuring up Apple

PEAK APPLE: One MILLION fewer iPads sold this quarter

It’s lonely at the top, or so saying goes, but Apple may not have to wait too much longer before it rubs shoulders with those playing catch-up in the global PC arena after Q2 sales declined off the back of a slab crash. Figures for the last three months collated by the beancounters at Canalys show Tim Cook’s lot sold nearly one …
Paul Kunert, 05 Aug 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

Microsoft unsheathes cheap Android-killer: Behold, the Lumia 530

Microsoft's ex-Nokia phones unit has produced the successor to the Lumia 520, its best-selling Windows Phone by miles, topping the charts in the UK's Crimbo sales. The Lumia 530 is priced at €85 (£67) before taxes or subsidies, or an initial street price of €100, around £79. It's clearly designed to sit in the £70 sweet spot …
Andrew Orlowski, 23 Jul 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
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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
Huawei Campus Shenzhen Bantian

Huawei: There'll be BLOOD spilled in the smartphone sector soon

The smartphone stragglers are set to fall further behind the leading pack and some will likely crash and burn in the not-too-distant future, according to one of the device chiefs at Huawei. Industry consolidation is inevitable, said Shao Yang, veep of marketing for the consumer business group at the Chinese giant, which is …
Paul Kunert, 16 Sep 2014

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 …

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 …
Nimble Storage revenues Q2cy2014

Better be Nimble, tech giants, or mutant upstarts will make off with your sales

Hybrid array vendor Nimble Storage saw revenues grow strongly as storage giant incumbents were unable to deliver equivalent price/performance products. Revenues were $53.8m for its second quarter, ended, an 89 per cent increase year-on-year and beating its own guidance of $49m to $51m. There was a net loss of -$26.1m, 149 per …
Chris Mellor, 27 Aug 2014
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Chips are down at Broadcom: Thousands of workers laid off

Broadcom is exiting the cellular baseband business, a decision that's has bitten hard, with the company announcing layoffs of around 2,500 employees – around 20 per cent of its total workforce – worldwide. Its latest SEC filing shows the company turned in a loss of $US1 million for the quarter, a collapse from the previous …

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 …
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New licence and SAP unit sale knackers Software AG's numbers

Delayed IT projects and offloading the SAP business have dealt Software AG’s business a double blow for its latest quarter. Germany’s other major software maker today reported a second-quarter revenue drop of 18 per cent to €196m ($263.9m) and net income halved to €14.2m ($19.1m). Earnings per share was also almost halved to €0 …
Gavin Clarke, 24 Jul 2014
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 …

Google's revenues swell yet again, yet big earnings elude it

Google continued to mint money in the second quarter of its fiscal 2014, with revenues booming compared to the year-ago period, yet its earnings still managed to disappoint eager Wall Street analysts who were expecting even greater returns. This quarter, the online ad-slinger posted revenues of $16.0bn, which soundly beat the …
Neil McAllister, 18 Jul 2014

Brit IT industry comes up for air after recession

There are fewer corporate pile-ups on the channel highway than at any point in more than a decade and a half, official stats from credit reference agency Graydon UK reveal. Some 31 firms bit the dust during the second quarter of calendar '14 - the joint lowest rate since 1998 - way down on the 89 recorded a year ago or the 61 …
Paul Kunert, 09 Jul 2014
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India, IT powerhouse, buys just $US56M of storage a quarter

Do re-adjust your antenna: India buys just $US56m of storage a quarter, according to market-watcher IDC. The firms's new Asia/Pacific Quarterly Disk Storage Systems Tracker (excluding Japan), reports that Indian sales fell in 2014's first quarter, with just US$56.8 million of kit heading out the door. That's the smallest amount …
Simon Sharwood, 12 Aug 2014
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UK server market is BACK... to business as usual

Call it a slide, a slump - whatever the preferred adjective - it was back to business as usual for the downbeat UK server market in Q2 as those dratted big iron systems tumbled off the edge of a cliff again. Not every vendor had a tough time, but overall factory revenues declined eight per cent year-on-year in dollar terms to $ …
Paul Kunert, 08 Sep 2014