Articles about q3

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

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
Qualcomm Stadium in San Diego

What do you call a spreadsheet with decent numbers for a change? qualcomm_q3_2016.xlsx

Qualcomm is crediting strong sales in China and an infusion of back royalty payments for a better-than-expected quarterly return. The California-based mobile chip designer said that it was able to turn around a lacking performance last quarter thanks to improved licensing revenues from smartphone sales. Additionally, Qualcomm …
Shaun Nichols, 21 Jul 2016

Oracle says it is 'committed' to Java EE 8 – amid claims it quietly axed future development

Exclusive Oracle has told The Register it is "committed" to Java amid growing fears the IT giant had all but given up on Java EE – aka Java Platform, Enterprise Edition. The Redwood City titan said it will present fresh plans for the future of Java EE 8 at its JavaOne conference in San Francisco in September. Version eight is due to be …
Chris Williams, 07 Jul 2016
Sad man stares glumly over boxed contents of desk. Image via shutterstock (Baranq)

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
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DRAM and blast it: Micron staff face axe after flash woes

Micron made a loss of $215m in its latest quarter, job losses are coming, and the Seagate eSSD partnership hasn’t taken off. Its fiscal third 2016 quarter revenues were $2.9bn, compared to $3.85bn a year ago and $2.93bn a quarter ago, when it made a $97m loss. Things have gotten a whole lot worse since then on the price-mix …
Chris Mellor, 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 …
Iron Giant

Open MPI gets closer to exascale-ready code

Big iron sysadmins: there's a significant upgrade to OpenMPI in the works. Late last week, OpenMPI released v2.0.0rc3, which brings a full Version 2 of the message passing interface closer to fruition. Open MPI is an open source implementation of the MPI Forum's message passing standards. It covers a variety of 32-bit and 64- …
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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
Files in manager's desk drawers: manila folder marked "Redundancies". Image via shutterstock

HPE is still swinging the layoffs axe: 500 more services folk get chop

Another quarter and another round of people are being crammed into Hewlett Packard Enterprise Services’ employment cannon – 500 poor souls in the UK and Ireland have been told to stand in line. As revealed by El Reg some months ago, HPE’s Enterprise Services (ES) division – the one being merged with CSC – put nearly 1,100 …
Paul Kunert, 02 Jun 2016
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NetApp posts $8m loss as its pivot continues. Feeling comfy, George?

In its fourth fiscal 2016 quarter NetApp revenues were $1.38bn instead of the $1.425bn predicted at the mid-point of its last forecast, and the company made an $8m loss – the second in George Kurian’s tenure as CEO. The revenues were down 10.4 per cent on a year ago and 0.4 per cent from the previous quarter. A year ago NetApp …
Chris Mellor, 26 May 2016

Trad software sales type looking for a break? Atlassian shrugs

Most new companies are likely to opt for cloud-based software, the president of Atlassian said today. And that might just bring a tear to the eye of traditional IT sales bods, given that the company had grown to its $117.9m Q3 revenue off 57,000 companies, without ever having a fleet of besuited sales types. The JIRA and …
Joe Fay, 24 May 2016
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Steady as she goes at Softcat, Q3 trading in line with forecasts

London Stock Exchange-listed reselling machine Softcat has issued a steady as she goes update to the market though it was stat light and made no further mention of economic storm clouds gsathering. The Marlow-based biz that floated late last year, warned at the half-way stage of fiscal ’16 ended January of “risks posed to …
Paul Kunert, 24 May 2016
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Jfrog flicks out scanner to dive deep into containers

Repository management vendor JFrog has hopped into the container and binary scanning market with the launch of Xray. The launch comes just a week after Docker and Twistlock both launched container scanning products. While container technology has taken the market by storm over the last year, there has been a growing awareness …
Joe Fay, 23 May 2016
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Dell Storage Centre: Following more than one of our series? Here's the remote

Dell says its Storage Center OS v7.0 adds deduplication and compression to make more efficient use of flash memory. It also adds common management and cross-replication for SC and PS series kit. SC, or Storage Center, is the operating system software for Dell's SC series arrays, originally branded Compellent, and generally …
Chris Mellor, 19 May 2016

When are flat revenues not so bad? When your name is Cisco

Cisco says that it is optimistic on its financial outlook despite a "challenging environment" that saw the networking giant's quarterly revenues drop slightly. "We delivered a strong Q3, executing well despite the challenging environment," said CEO Chuck Robbins. "I'm pleased with our performance today as well as the progress …
Shaun Nichols, 18 May 2016
Archer cracks the ISIS mainframe's password

Hmmm, where should I dump those unencrypted password files? I know - OneDrive

Enterprises are routinely storing corporate password files in the cloud through Microsoft’s OneDrive backup technology. OneDrive is the most common Office 365 application, with 79.1 per cent of organisations using it, according to a study by cloud control tech vendor Skyhigh Networks. The average corporate OneDrive service …
John Leyden, 18 May 2016

Docker lets security bug sniffer dogs off the leash at container images

Docker has hit upon an idea that perhaps other platforms could potentially incorporate: scanning software components for publicly known vulnerabilities prior to deployment. Today, the software container biz will announce Docker Security Scanning, which scours private repositories in the Docker Cloud for recognized security …
Chris Williams, 10 May 2016
EMC Cork's DSSD D5 unit

VxRackery dominates EMC World day 2

EMC World's second day saw hyper-converged rackery put front and centre, with a stronger DSSD offering, Neutrino* nodes coming to the VxRack 1000 as well as a DSSD variant, and a hybrid cloud VXrack offering. We'll check out the Neutrino rack stuff first. The VCE VxRack 1000 is a hyper-converged, servers+storage+networking+ …
Chris Mellor, 05 May 2016

Arrow ECS top dog parades $200m (run rate) cloudy biz

Cloud computing is on track to be a $200m plus annual business for Arrow ECS, the enterprise IT distie's big boss has claimed. The reliably boring firm - in a good way if you are an investor - notched up its umpteenth straight quarter of expanding sales, jumping nine per cent to $1.8bn for Q1 of fiscal ’17 ended 2 April. …
Paul Kunert, 04 May 2016

EMC makes a LEAP forward with Virtustream and more

EMC World The first day of EMC World in Las Vegas caused announcement overload, with the Unity array top of the list, closely followed by a Virtustream storage cloud and more. The Virtustream Storage Cloud (VSC) is for enterprises and service providers to store data in the cloud, mission-critical data, says EMC. The data can come from …
Chris Mellor, 03 May 2016
Seagate logo

If you work on Seagate's performance drives, time to find another job

+Comment As expected, Seagate's revenues totaled $2.6bn in the three months to April 1, the third quarter [PDF] in its fiscal 2016, down 21 per cent year-on-year. And as anticipated, it made a $21m loss – its first loss in many many quarters and way down from the year-ago's $291m profit. On Friday, as the results for Q3 were published …
Chris Mellor, 30 Apr 2016
Virgin Media Tivo

TiVo sells for $1.1bn

DVR service TiVo has been acquired by Rovi for $1.1bn. Rovi, a company specializing in TV guide and analytics services, said it would be paying $10.70 per share to acquire TiVo. It hopes that the combination of Rovi and TiVo services will lead to the creation of both OTT video and TV services for consumers as well as TV …
Shaun Nichols, 29 Apr 2016
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Avnet checks legacy data kit sales stats, panics

Enterprise tech distie Avnet Technology Solutions is back in cost cutting mode amid fears that flakey demand for “legacy” tech will continue. The firm reported an 8.3 per cent decline in sales of $2.13bn for Q3 of fiscal ’16 ended 2 April, this was down 6.9 per cent in constant currency. The top line was at the “low-end of …
Paul Kunert, 29 Apr 2016
iPhone 6S colors

Carl Icahn: Will someone rid my portfolio of this rotten Apple?

Billionaire activist investor Carl Icahn has offloaded his Apple shares after the stock dropped below $100 a piece this week following the vendor's first sales slip in 13 years. The world's most valued tech company reported a 13 per cent drop in turnover to $50.6m for the three months ended 31 March, Apple's Q3 of fiscal '16 …
Katyanna Quach, 29 Apr 2016

Hewlett Packard Enterprise: Wanna walk the plank voluntarily? You got it

Exclusive Hewlett Packard Enterprise is to initiate a voluntary redundancy (VR) option nearly two months after putting 1,092 UK staff in Enterprise Services (ES) on the chopping block. Techies at HPE were told they were in scope for compulsory job cuts in March including 780 in IT Outsourcing and 173 from the Application Business …
Paul Kunert, 27 Apr 2016
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
Storm

Microsoft's Azure and Office 365 growth slows

Analysis Microsoft has reiterated its belief in a mythical annual income of $20bn from cloud despite growth in Azure and its apps-as-a-service business slowing. Chief executive Satya Nadella Thursday reiterated the existing belief Microsoft will hit £20bn “run rate” in cloud business for fiscal 2018. That’s the fiscal year after …
Gavin Clarke, 22 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

Teradata launches mutant cloud, hopes IoT megabucks start flowing

Data warehouse business Teradata is to focus more on hybrid cloud services, as the company continues to try to deal with declining sales revenue while praying for an IoT tsunami of cash. At the Teradata Universe conference in Hamburg this morning the business announced it would launch a massively parallel processing …

Call the doctor... no, call security. Docs' mobiles are hopelessly insecure – study

One in five doctors’ mobile devices might be at risk of leaking sensitive data due to either malware or poor password security practices, according to a new study. Mobile threat device firm Skycure reports that 14 per cent of smartmobes and tablets containing patient data likely have no passcode to protect them. And 11 per …
John Leyden, 06 Apr 2016

BlackBerry's still losing millions – but hit its revenue target, finally

BlackBerry has hit its target of earning half a billion dollars in software and services revenue over a full fiscal year, thanks to the acquisition of long time rival Good Technology as well as BB's patent revenue. The Canadian firm still has some way to go to being profitable, though, and the old phone business doesn’t seem …
Andrew Orlowski, 01 Apr 2016
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Micron turns $900m profits into a $97m loss. Only took 12 months

Micron revenues plummeted for the fifth quarter in a row and it made a loss after eleven successive profitable quarters. What's up with the boys from Boise, the USA's memory and NAND powerhouse? Revenues for the second quarter, ended 3 March, were $2.93bn, 29.7 per cent down on a year ago, and 12.3 per cent less than the first …
Chris Mellor, 01 Apr 2016

Oracle made slightly less money last quarter, and America is to blame

Oracle is blaming a strong dollar in cutting into its Q3 fiscal 2016 numbers. The enterprise giant reported [PDF] a three per cent decline in revenues and a 14 per cent drop in net income on the year-ago quarter, but said that when adjusted for constant currency, revenues would have been up one per cent and income down just …
Shaun Nichols, 15 Mar 2016

WLAN sales closing in on wired Ethernet sales

The global Ethernet switch market has stirred and started tapping messages on the underside of its coffin-lid, according to prognosticator IDC, managing measurable growth in Q4 2015 rather than the of-late-usual shrinkage. At US$6.4 billion, Q4 2015 exhibited an almost-beating heart, with more than 3.2 per cent growth compared …
decline

Flash is too fat. A glut of supply means growth is slower and slower

NAND flash industry revenue was $8.307bn in the fourth quarter of fiscal year 2015, five per cent less than a year ago and 2.3 per cent lower than in the third 2015 quarter. These numbers, evidence of market over-supply, come from DRAMeXchange via analyst outfit Stifel Nicolaus' MD, Aaron Rakers. Samsung grew its flash …
Chris Mellor, 07 Mar 2016

NetApp to chop 1,450 staffers from payroll, reveals revenue stumble

NetApp earned profits of $153m in its latest quarter, good, but revenues of only $1.39bn, bad; its mid-point estimate a quarter ago was $1.45bn, making it quite an undershoot. The $1.39bn in its third fiscal 2016 quarter, ended January 29, compares to $1,54bn a year ago, a 9.7 per cent fall, and $1.45bn in its second 2016 …
Chris Mellor, 18 Feb 2016
Trotter's Independent Trading Co.

The Mad Men's monster is losing the botnet fight: Fewer humans are seeing web ads

Figures indicate that web advertisement fraud grew significantly in the last quarter of 2015 – and also showed that the UK’s ad biz is one of Europe’s poorest performers. Fraud checker Meetrics measures the “viewability” of online ads. If an advertisement isn’t viewable, one of several things may have happened, none of which …
Andrew Orlowski, 05 Feb 2016

Lenovo: China biz down, PC and mobile down

The relatively weaker economy in China and slumping demand for gadgets puts Lenovo between a rock and a hard place. The company spent last year swamped with PC stocks as it had failed to recognise the oncoming slowdown, but has of late started to clear the decks helped in part by write-downs in Europe. Evidence of this can be …
Paul Kunert, 04 Feb 2016
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Autodesk vapourises ten per cent of jobs to go completely cloudy

Autodesk, which is getting close to phasing out physical product sales, has announced it's also going to farewell 925 jobs, about ten per cent of its global workforce. The move comes less than two months after the company woke to find not one, but two “activist” investor funds on its share register: Eminence Capital and Sachem …
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See that fist punching through the clouds? That's Veeam's, that is

You've got to have sympathy for Veeam's competitors. Ratmir Timashev's storage upstart pulled off another slam dunk quarter to close 2015. As Barracuda looks for a sale, Seagate sells off EVault, and Veritas flails helplessly, Veeam rockets on, telling everybody it has: A 22 per cent increase in total bookings revenue to $ …
Chris Mellor, 02 Feb 2016

TalkTalk admits losing £60m and 101,000 customers after THAT hack

TalkTalk has reported a loss of £60m related to its major hack in October, attributing the write-off to IT costs and shedding 101,000 customers during its third quarter. The biz said the costs of restoring its online capability and enhancing security are expected to total £40m-£45m. It also took a £15m hit "arising from Q3 …
Kat Hall, 02 Feb 2016
Mangstor NX6320

Here's to Hu: QLogic beats expectations as it waits for new CEO

Storage connectivity card and ASIC supplier QLogic had a much better third quarter than expected as interim CEO, also chief financial officer, Jean Hu delivered higher revenues and a profits recovery. The revenue number was $122.7m, 18.6 per cent more than the previous quarter, and higher than the guidance issued for the …
Chris Mellor, 01 Feb 2016
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EMC Federation to reveal new hyper-hyper converged appliances

EMC, VMware and VCE will soon announce a new range of hyper-converged appliances that EMC II CEO David Goulden says are game-changers. “For the last several months EMC and VMware partnered very closely to develop a new next-generation hyper-converged appliance family that uniquely leverages technology from EMC, VMware and VCE …
Simon Sharwood, 28 Jan 2016
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Juniper turns around in 2015, worried about 2016

Juniper Networks has managed to disappoint Wall Street with revenue growth, a turnaround from loss to profit and earnings per share better than analyst forecasts. The problem? It doesn't like next year's outlook. Its Q4 2015 revenue of US$1,319.6 million was 20 per cent better than Q4 2014 and six per cent ahead of Q3, with a …
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Sony slurps Altair Semiconductor to make 'things' sing

Sony has put US$212 million on the table to buy LTE silicon vendor Altair Semiconductor. The Israeli chip developer runs the gamut from 200 Kbps low-power (and low-cost) Internet of Things comms chips up to 450 Mbps chipsets for base stations, mobile Internet and motor vehicle applications. In December, the takeover target …

Glum Commvault vaults out of the well it's been stuck in for months

All the hard work over the past few quarters at Commvault has paid off with a return to profits and increased revenues. In its third fiscal 2016 quarter, ended Dec 31, 2015, its revenues of $155.7m were up 11 per cent sequentially, 2 per cent year-over-year, and 6 per cent on a year-over-year constant currency basis. GAAP net …
Chris Mellor, 27 Jan 2016
Man with head in the cloud

Dell drops next network OS on the waiting world

Dell's taken another arrow from its software-defined network (SDN) quiver and drawn a new bead on Cisco, with the launch of Dell Networking Operating System 10. Leading the release is a split in the network architecture, to get rid of the platform-specific Linux tweaks needed so the operating system can talk to the silicon. …
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IDC's abacus fiddlers say a third of all IT spend goes on cloud

IDC abacus acrobats have worked out that a third of IT infrastructure spend is going to the cloud, up from just under a quarter a year ago. In IDC’s latest Worldwide Quarterly Cloud IT Infrastructure Tracker it’s revealed that $7.6 Bn was spent on cloud IT infrastructure in the third 2015 quarter. IT infrastructure spend …
Chris Mellor, 15 Jan 2016
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Converged systems market cracks $10bn a year says IDC

Revenue for converged systems has cracked the US$10 billion dollar barrier over the last 12 months, according to the box-and-cash-counting experts at analyst firm IDC. The firm's new Worldwide Quarterly Converged Systems Tracker for 2015's third quarter found revenue up 6.2 per cent year over year to $2.5 billion, and 1,261 …
Simon Sharwood, 23 Dec 2015