Articles about q3

dollar_graph_648

Tech Data: If only we could discount forex and impact of closing country ops...

Tech Data continued to pile on the pounds dollars in its latest quarterly financials – but only if the crushing currency burden and the impact of exiting operations in Latin America were discounted. In reality, the world's second largest technology distributor reported a five per cent slump in sales to $6.428bn for Q3 of …
Paul Kunert, 24 Nov 2015
data centre

Avnet TS boss: restructuring over, no more navel gazing for us

Without the distractions of the internal restructuring Avnet Technology Solutions is making hay while the sun shines on its European customers, the global president reckons. The enterprise tech distie reported a total sales decline of 1.3 per cent on a year ago in actual terms to $2.5bn for the fiscal ’15 third quarter ended …
Paul Kunert, 24 Apr 2015

Ingram's CEO Monie: Show me the... Mobility, Mobility, Mobility

Acquisitions helped swing the sales dial north for Ingram Micro during calendar Q3 but the cost of the latest company-wide transformative activities took a chunk out of profits, the world’s largest tech distie has confirmed. Revenues grew 11 per cent to $11.23bn for the period ended September, oiled in no small way by portable …
Paul Kunert, 27 Oct 2014
Marc Benioff

Salesforce slaps Amazon, Google with glove: 'I'm THE FIRST $1bn-quarter enterprise cloud biz'

Salesforce shares stumbled down 1.5 percent on Monday after the customer relationship management company reported third quarter revenues that narrowly beat analyst expectations. The company booked sales of $1.072bn, with a billion coming from its core businesses, and $72m from other assets such as platform-as-a-service cloud …
Jack Clark, 19 Nov 2013

Struggling Acer pulls out Wang too late, then calls Wong number

Acer CEO and chairman JT Wang has quit amid widening losses and a resulting company restructure that involves job cuts at the Taiwanese PC maker. The firm has also turned to its retired founder to help carve out a future. Wang succeeded Gianfranco Lanci at the top of Acer back in March 2011 as the company wrestled with …
Paul Kunert, 5 Nov 2013

Dead PC market? In the UK? NEVER

Thought the UK PC market was like a dead mule? Wrong. There's life yet in those age old desktop and notebook nags, according to distributor shipment data. Numbers from venerable analyst Context, the gentle purveyor of sales-out figures - the stuff that users are actually buying - showed Q3 was not bad, not bad at all. The …
Paul Kunert, 1 Nov 2013

Insight warns of $20 MILLION kick in the teeth from Microsoft

The impact of Microsoft's sweeping channel programme changes were laid bare last night when Insight Enterprises warned investors that its bank balance will be up to $20m lighter next year as the new fee structure takes hold. As revealed by The Channel back in early summer, Microsoft killed off its two year old Solutions …
Paul Kunert, 31 Oct 2013

Mega-distie Ingram Micro takes knife to costs in 'very challenged' Europe

Flatlining sales growth in Europe has led the world's largest distributor, Ingram Micro, to restart a cost-slashing exercise in the region after describing the operation as "still very challenged". It also plans to roll out newer tech services to resellers on this side of the Atlantic, which compared to the US has been …
Paul Kunert, 25 Oct 2013
Bezos headshot

Amazon: Wow, look at this $17bn we made. Uh, oh wait, it's gone already

Amazon has had another great quarter raking in huge revenues and, as usual, has reported a net loss as Bezos & Co poured the cash back into the company's business divisions. The bookseller-turned-everything-seller said it racked up sales of $17.09bn for the third quarter of 2013, up a staggering 24 percent on the same period a …
Jack Clark, 24 Oct 2013
Arrow_Global_Logo

Arrow Electric CEO: Sales dip, profits fall but it's no 'overall disaster'

Arrow Electronics stopped well short of saying the recession has bottomed out as its components arm continues to wrestle with a tough biz climate, but an air of optimism hung over senior management. Sales at the distie titan fell 4 per cent to $4.96bn, but this excluded $176.5m of services contracts now to be recognised on an …
Paul Kunert, 1 Nov 2012

Imation cutting 20 per cent of workforce amid losses

Imation is slashing one fifth of its workforce as part of a cost cutting programme and exploring "strategic options" for its consumer electronics biz. The troubled maker of tape, disk and optical media has reported yet another quarter of losses - it hasn't posted a profit since the end of 2009 - and needs to take corrective …
Paul Kunert, 24 Oct 2012
SAP

SAP happy enough, despite lack of massive lawsuit win this year

German software maker SAP reported a massive plunge in Q3 profits but an operational slip was not to blame, just a one-off gain from its lawsuit with Oracle a year ago. This still left the vendor with a bottom line of €618m, albeit 51 per cent lower than the €1.25bn ($1.62bn) it banked 12 months ago when earnings were boosted …
Paul Kunert, 24 Oct 2012
Boxer defeated. Pc credit: Sergey Barkov via SXC

Mighty Acer still weaving after 2011's knockdown punch

The once unstoppable sales juggernaut Acer still hasn't regained the momentum that carried it close to the top of the PC market, certainly if its Q3 prelims are anything to go by. Revenues for the calendar third quarter slid 5.6 per cent to NT$104.4bn (£2.22bn), down 11.4 per cent on the same period a year ago. The problem is …
Paul Kunert, 23 Oct 2012
distribution_channel

Windows 8 wait prompts PC sales droop in EMEA

IDC has confirmed sales of PCs to distributors in Europe, the Middle East and Africa tumbled in Q3 as all the major players bought stock conservatively ahead of the launch of Windows 8. The beancounter noted "weak sell-in levels" in July and August forced a 7.7 per cent slide in shipments across EMEA and a 12.8 per cent …
Paul Kunert, 19 Oct 2012
adobe

Adobe moving its users into the Cloud: Wants middlemen to help

Adobe says its direct sales force will be competing with resellers when its Creative Cloud (CC) suite reaches enterprise punters. The software maker has reported sales for Q3 ended 31 August of $1.08bn, down from $1.13bn a year ago with 52 per cent of revenues coming from the US, 27 per cent in Europe and 21 per cent in Asia …
Paul Kunert, 20 Sep 2012
Intel logo

Intel rolls eyes at flaccid PC biz, cuts $1bn off expected sales

Well, it looks like the Intel Developer Forum might be a bit more subdued next week than usual, with the chipmaker cutting its revenue projections for the third quarter, which ends this month. In a statement announced before Wall Street opened this morning, Chipzilla warned investors that its sales in the third quarter would …
hands waving dollar bills in the air

Systemax blows £250k on ex-CEO legal probe bills

Rising biz sales fuelled Systemax's third quarter even though the consumer spending freeze showed no signs of thawing. The parent of the Tiger Direct, CompUSA, Misco and WStore recorded a 4 per cent rise in turnover for the period ended 30 September, raking in $901m (£562.5m). The firm's operating income climbed 58 per cent to …
Paul Kunert, 2 Nov 2011
chart

Acer cuts losses and inventory in Q3

Acer losses narrowed in its third quarter ended September but the bust consumer sector and inventory woes still weighed heavy on its bottom line. The troubled Taiwanese titan reported prelim losses of NT$1.1bn (£22.9m) compared to profits of NT $4.29bn (£89.3m) for the three month trading period a year earlier. Sales fell 28 …
Paul Kunert, 21 Oct 2011

Create a news alert about q3, or find more stories about q3.

Biting the hand that feeds IT © 1998–2017