Articles about q4

Red pen

Big Blue bleeds more red in Q4, promises better days to come

The fourth quarter of IBM's fiscal 2014 was a disappointing cap on a year that saw Big Blue's revenues and income both decline significantly since 2013. Total revenues for the quarter were $24.1bn, which was 12 per cent lower than the same period a year ago and missed analysts' expectations. Revenues for the full year didn't …
Neil McAllister, 20 Jan 2015
iPad Psycho image

Post-PC era? PAH! Apple says Macs OUTSOLD iPads in Q4

Peak tablet In case you'd forgotten that Apple is making money hand over fist, the company announced on Monday yet another record financial quarter – thanks to its iPhones and Macs, but no thanks to its iPads. The House that Steve Built said the fourth quarter of its 2014 financial year – ending September 27 – was its best ever Q4, as Mac …
Shaun Nichols, 21 Oct 2014
Man wrinkles his eyes in an expression of pain, annoyance or dsicomfort

ULLtraDIMM dam plus inventory oops smacks SanDisk’s Q4 growth

+Comment The expansion of SanDisk’s business nearly stopped in its latest quarter, with revenue growth stalled and profits down as it lost a major customer, experienced troubles in its supply chain and the ULLtraDIMM injunction took hold. Just a temporary setback guys, nothing to see here, move along folks. The consumer and enterprise …
Chris Mellor, 22 Jan 2015
box_shifting_channel

UK channel firms rabbit-punch recession in Q4: Sales are HUGE

Blighty is again the largest tech sales territory in the European channels* after distributors reported a near double-digit growth spurt in Q4, fuelled by mobility, software and er... desktops. Numbers are in from Context, which tracks all major wholesalers' sales-out data - the kit that customers are actually buying - showing …
Paul Kunert, 27 Jan 2014

NO WONDER Big Blue dropped it: IBM server biz BOMBED in Q4

There's little wonder that IBM execs were so quick to snap up Lenovo's $2.3bn offer for the sickly volume server biz. Factory revenues and shipments apparently crashed during Big Blue's last full quarter behind the wheel. Ending a thoroughly unpleasant 2013 for Big Blue server peeps, Gartner calendar Q4 numbers show revenues …
Paul Kunert, 26 Feb 2014
Inside Apple's Thunderbolt cable

Intel: optical Thunderbolt to strike in Q4

IDF 2012 Cheaper and longer Thunderbolt wires will be coming later this year, Intel has forecast. The extra length will arrive on the back of optical cables. Thunderbolt cables on the market today use metal wiring, but only run to 3m in length. Updating IDF visitors on the evolution of the peripheral connectivity technology, Intel …
Tony Smith, 12 Sep 2012

Bite us, Apple: Samsung hauled in $8.3bn in Q4

Samsung Electronics has released its pre-earnings guidance ahead of revealing its full figures for 2012, and the topline figures for the quarter show that money has been pouring in for the South Korean tech titans. Sales for the last three months of 2012 brought in approximately 56 trillion won ($52.7bn) for Samsung with an …
Anna Leach, 08 Jan 2013

Ailing AMD battered by goodwill, inventory charges

AMD emerged from a bloody fourth quarter of its fiscal 2014 on Tuesday, reporting revenues down and profits sapped by painful one-time accounting charges. The chipmaker's total revenues for the three months ending on December 27, 2014 were US$1.24bn, a 22 per cent year-on-year decline. And the figure for the full year was better …
Neil McAllister, 21 Jan 2015

Mellanox trips on faulty InfiniBand cables in Q4

InfiniBand and Ethernet switch and adapter maker Mellanox Technologies said after the market closed on Wednesday that the company was not going to make its revenue targets for the fourth quarter and full 2012 year – in part because of the jittery economy but mostly because of a bug in InfiniBand cables. In a statement, Mellanox …
Drobo 4-bay

Storage boxen-flinger Drobo: Our Q4 numbers were not that NASty

Glossy storage boxen flinger Drobo has "adjusted" its prices and snuggled up to partners and says it is experiencing a resurgent demand for its products. A new 4-bay product should benefit from that. Drobo founder Geoff Barrall returned to the helm at Drobo when his ConnectedData startup merged with Drobo in May 2013. While …
Chris Mellor, 27 Mar 2014
Monty Python Norwegian Blue dead parrot sketch

Global PC market's not dead, it's just resting – Gartner

The PC market never really died, it was just resting – at least according to our man at Gartner, who leaned on the latest global sales data to prove there’s some life left yet in the form factor. According to preliminary stats, sales into channels grew one per cent in Q4 to 83.7 million boxes as retailers and disties took …
Paul Kunert, 13 Jan 2015
axe_channel_teaser

Tat bazaar eBay confirms: THOUSANDS of workers will be AXED

Loss-making online tat bazaar eBay finally confirmed it will throw thousands of workers overboard and review options to sell or float the Enterprise side of the business. The developments were made public as eBay rolled out calendar Q4 financials with revenues up nine per cent to $4.9bn, and net income rising ten per cent to $ …
Paul Kunert, 22 Jan 2015
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Peak Samsung: Bottom line walloped in Chinese mobe, slab war

Cheap slabs and smartphones from Chinese brands are taking a toll on the once seemingly unstoppable tech sales machine Samsung Electronics as it forecast a year-on-year crash in Q4 profit. The chaebol warned in a preliminary earnings guidance message that operating profit will be more than 37 per cent lighter on the same period …
Paul Kunert, 08 Jan 2015

Lenovo: We now OWN IBM's shrinking Euro server biz. It's OURS!

Lenovo has finally got its hands on IBM’s volume server business in Europe months after the transaction closed in the rest of the world, and the comparatively hard work now begins in earnest. The transfer of the System X division to the new Chinese owners happened for most last October but was delayed in the fragmented European …
Paul Kunert, 06 Jan 2015
Larry Ellison, photo by Oracle Corporate Communications

Oracle pumps out Q4 financials in premature release: See? We're OK

Oracle rushed through the public filing of decent Q4 financials last night some three days earlier than planned to head off any industry talk that the pending exit of a sales bigwig was due to tumbling turnover. The word on the street, well at least on Murdoch's Wall St rag Barron's, is that 26-year Oracle veteran, exec veep of …
Paul Kunert, 19 Jun 2012
Avnet TS

Avnet Q4 sales, profit hit as resellers keep wallets shut

Avnet sales and profit in Q4 slumped across both its components and tech solutions businesses on the back of a summer slowdown in reseller spending and a blistering currency headwind. Turnover for the period ended 30 June fell 8.8 per cent to $6.3bn, operating profit dropped by just over a fifth to $213.4m and net profits sunk …
Paul Kunert, 08 Aug 2012
The Register breaking news

Adobe startles Wall St with Q4 sales climb

Just one month after Adobe confirmed it was axing around 7 per cent of its global workforce and backing away from its Flash Player software on mobile gadgets, the company has reported final quarter results that surprised Wall Street. It pulled in revenue of $1.1bn (£0.7bn) for the three months ended 2 December, up 14 per cent …
Kelly Fiveash, 16 Dec 2011
IBM CEO Ginni Rometty

IBM to open up on global re-org TONIGHT - sources

Execs at IBM are expected to go open kimono tonight about the company-wide re-organisation dreamt up by harassed CEO Ginni Rometty, according to company insiders and channel partners. Just as some of us in Blighty will be getting ready for bed or – god forbid – watching Celebrity Big Brother, Armonk-based IBM will be lifting the …
Paul Kunert, 20 Jan 2015

All awash in red ink, but Overland Storage is still swimming

Analysis Overland Storage, the troubled tape and low-end scale-out disk array storage vendor, is still battling on, with a swell in revenues despite increasing losses. How does CEO Eric Kelly do it? Overland's fourth quarter (Q4) and fiscal 2014 year headline numbers are, well, impressive comes to mind: Q4 revenues of $24.2m, up 100 per …
Chris Mellor, 24 Sep 2014
The Register breaking news

Nokia's Q4 'beat expectations' despite ongoing sales slump

Nokia announced preliminary financial results for its fourth quarter of 2012 on Thursday, claiming that its smartphone business had "exceeded expectations," despite the fact that overall sales are still trending downward. The struggling mobile maker said its Devices & Services division sold 86.3 million devices in the quarter, …
Neil McAllister, 11 Jan 2013

Cray posts modest loss, awaits Q4 revenue wave

Supercomputer maker Cray turned in a slightly better than expected second quarter, with a modest bump in revenues and a slight loss. This is a win in the ever-choppy supercomputer racket – and particularly for Cray in a second quarter. For the past three years, Cray has been cramming a large portion of its sales in the final …

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
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Disk fab floods rinse $1bn off Intel's Q4 revenue

Chip maker Intel has slashed its final quarter outlook, admitting it will fall short of the company's previous forecast due to a hard drive supply shortage - sparked by flooding in Thai disk factories. The vendor said it now expects to bank Q4 revenue of about $13.7bn (£8.7bn), compared to an earlier prediction of $14.7bn for …
Kelly Fiveash, 12 Dec 2011
Ciscoblood

Cisco revenue dip means 6,000 staff to be de-assimilated

Facing rising competition, Cisco has announced another round of layoffs – 6,000 – in financial results that beat analyst expectations but were still flat. Presenting the company's latest quarter results, CEO John Chambers announced the latest round of layoffs, but was at least able to give a sliver of good news, with revenue …
channel

Systemax suffers sales shrinkage in Q4

Systemax's sales growth engine ran out of steam in calendar Q4 with a resurgent B2B division unable to offset double digit declines in consumer operations. The US parent of the WStore and Misco reseller brands filed numbers late last night with revenues dipping 3 per cent to $978m (£613.6m), but operating profit edged up 3.7 per …
Paul Kunert, 29 Feb 2012

Cray misses revenue targets for Q4

Veteran supercomputer-maker Cray has warned Wall Street moneymen to expect lower-than-forecast results for its 2012 financial report. Cray has been absolutely clear that the multi-petaflopping "Blue Waters" and "Titan" supercomputers being installed respectively at the University of Illinois and Oak Ridge National Laboratory …
Qualcomm

Qualcomm: Chinese patent licensees still aren't playing fair

Qualcomm finished its 2014 fiscal year showing strong profit growth, but it cautioned investors that its ongoing disputes with Chinese customers and regulators could affect its results in the coming year. The mobile chipmaker's revenues for the fourth quarter were $6.69bn, up 3 per cent from the year-ago period. Unfortunately, …
Neil McAllister, 06 Nov 2014

US giant Avnet plots cost slash fest in EMEA enterprise tech arm

The EMEA wing of enterprise distie Avnet Technology Solutions is again in cost-cutting mode after a double-digit sales dive blighted a growth spurt across the pond as local PC system builders missed out on the XP refresh. Revenues for Q4 of fiscal’14 ended 28 June were $2.73bn, up 0.3 per cent on an organic basis, or 4.2 per …
Paul Kunert, 07 Aug 2014
channel

World IT sales up 15 per cent in Q4 ... er, 5 if you remove Apple

The tech sector fared well in Q4 largely due to channel bullyboy Apple's unstoppable sales juggernaut - but IT distributors are missing out on this boom. According to the Tech Titan Index by beancounter Canalys, the combined sales growth of Cisco, Dell, EMC, Google, HP, IBM, Intel, Lexmark, Microsoft, Oracle, SAP and Apple was …
Paul Kunert, 29 Mar 2012

God bless Brit biz spending, gushes Computacenter

In spite of a currency headwind and economic fragility on the continent, Computacenter exited calendar 2014 with an ever so slightly swollen top line, aided by a UK sales bounce in product reselling and tech services. According to a trading update, the London-based outfit closed off the year on a high, with group turnover up …
Paul Kunert, 21 Jan 2015
Hadoop in the enterprise

Teradata rides big data wave in Q4, does better than expected

Systems vendor Teradata is riding the twin waves of traditional data warehousing and new-fangled big data munching, and is doing a pretty good job positioning itself to stay relevant in an increasingly Hadoopy world.  The company just turned in better numbers for the fourth quarter than Wall Street expected, but then Wall Street …
AMD logo

AMD's Hondo APUs ready for Windows 8 Q4 launch - report

Chip giant AMD is set to debut its 32nm Trinity APUs in notebooks later this month, while the firm’s tablet-friendly Hondo chips will hit the streets in the fourth quarter to coincide with the much-anticipated launch of Windows 8, Digitimes has learnt. Citing “sources from notebook players”, the Taiwan-based tech title said that …
Phil Muncaster, 09 May 2012
The Register breaking news

Groupon loses $42.7m in Q4, shares tumble

Groupon (GRPN) has posted a net loss of $42.7m for the last three months of 2011, disappointing Wall Street's expectation that the coupon-pushers would make a small profit. Groupon stocks closed the day at $24.58 but in after-hours trading stocks tumbled 15 per cent to $20.75 – suggesting that Groupon shareholders might want to …
Anna Leach, 09 Feb 2012
hands waving dollar bills in the air

x86 chips squeeze out a growth in Q4

The PC market might have stalled as 2011 came to an end, but chip makers peddling x86 chips for PCs, workstations, and servers still managed to eke out some growth in the fourth quarter and for the full year, according to the latest stats from market-watcher IDC. The chip counters at IDC believe that worldwide microprocessor …
channel

Blighty's PC market fell to its knees in Q4

The UK PC market shrank by nearly one fifth in the Christmas quarter, suffering the worst decline in half a decade. PC shipments in Q4 slumped by 19.6 per cent to 2.95 million units, with every major vendor apart from Apple posting negative growth. "PC vendors vendors face a long, uphill struggle to regain the interest of …
Paul Kunert, 07 Feb 2012

Clouds push Linux server sales in Q4

For hyperscale data center operators, the server is the business and there is no such thing as deferring purchases of new gear so long as there is growing customer demand for information. And not surprisingly, in the fourth quarter of this year, sales of density-optimized servers, as the box counters at IDC are now calling the …

Soz Europe: IBM to delay System X Lenovo switchover for a month

IBM says it has delayed the European switchover of the outgoing x86 business to Lenovo by one month in a bid to side-step sales disruption in its busiest quarter of the year. Under the duo's original plan, the changeover was due to take place on the 1st of next month but IBM didn't want to risk switching systems during the run- …
Paul Kunert, 25 Nov 2014
Mellanox SwitchX-2 ASIC and its switches, not to scale

Mellanox profits explode even as sales slip in Q4

Networking chip, switch, and adapter supplier Mellanox Technologies gave Wall Street a bit of a start earlier this month when faulty InfiniBand FDR cables caused it to miss its revenue estimates for the fourth quarter. But the company still turned in a record year and has squeezed a lot more profit out of its InfiniBand and …

C'mon, Brocade: QLogic's left the Fibre Channel game. Flat revenues again?

Analysis Brocade is a member of the flat revenue Earth society, with its mix of annual and quarterly Fibre Channel and Ethernet revenues hardly changing between last year and this year. Brocade’s fourth fiscal 2014 quarter revenues of $564m were up by one per cent year-on-year, up from $559m a year ago, and also up three per cent …
Chris Mellor, 25 Nov 2014

STEC CEO on crappy Q4: 'Obviously, we’re kind of bottoming out'

STEC must be glad to say farewell to a year of poor results, which is what 2012 represented, but 2013's first quarter is going to slump further, according to the firm's projections at a recent earnings call. STEC's OEM business is not doing so well, and its replacement direct sales biz is off to a slow start. Negotiations with …
Chris Mellor, 18 Mar 2013
cloud

Telstra puffs Cisco cloud into Honkers and Singapore

Telstra has announced two new offshore Intercloud POPs and has signed with Equinix for connections in Sydney and Melbourne. Under the international expansion, the carrier says it's going to kick off operations in Hong Kong and Singapore. The Cisco-powered Intercloud solution, launched in Australia earlier this year, is based on …
Intel headquarters, Santa Clara

Medic! Intel can't stanch bleeding from mobile chip biz

Intel closed the book on a smashing first full year under CEO Brian Krzanich on Wednesday, reporting record revenues and earnings that beat analysts' estimates. But not every aspect of its business looked equally healthy, with mobile as the obvious trouble spot. Chipzilla pulled in $55.9bn in revenues during its fiscal 2014, a 6 …
Neil McAllister, 15 Jan 2015
Cloud security image

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

Big Blue weeps as another 8% slips off its storage scales

Comment When is Big Blue's storage slide going to end? IBM's latest quarterly and full year fiscal 2014 results show an unabated fall in storage hardware revenues, with an eight per cent annual decline to $864m in the fourth quarter of 2014. It's a huge number, but back in fiscal 2011 the same quarter recorded $1.2bn in storage hardware …
Chris Mellor, 22 Jan 2015
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Flooded fabs to ship 48m fewer disks in Q4

Disk drive shipments are set to plummet by nearly 28 per cent in Q4 – 48 million fewer units than a year ago – in the wake of the devastating flooding in Thailand, says beancounter iSuppli. The ripple effect of the worst flooding in the country for more than half a century is also likely to be felt across many sectors of IT and …
Paul Kunert, 01 Nov 2011
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Memory market climbs out of toilet: ASML reports beefy financials

Shares in semiconductor production equipment maker ASML hit a record high this morning after it beats analysts’ top and bottom line forecasts, suggesting the sector’s no longer stuck in the U-bend. The numbers for the Dutch biz are moving in the right direction: sales came in at €1.49bn, versus €1.32bn in the prior quarter. …
Paul Kunert, 21 Jan 2015
Microsoft campus

Microsoft bags more CASH – but profit's flat as Nadella waves axe

Microsoft posted solid yet unspectacular results for both the fourth quarter of its fiscal 2014 and the full fiscal year, even as investors braced for new CEO Satya Nadella to axe as many as 18,000 staffers. Revenues for the quarter beat analysts' estimates slightly at $23.38bn, a 17.5 per cent gain over the same period a year …
Neil McAllister, 22 Jul 2014

Microsoft took away $4m of our profits, laments mighty reseller

The cost of redundancies and restructuring together with the biting changes Microsoft made to sales incentives almost wiped out the profit that Insight Enterprises made in EMEA during Q4, closing the curtains on a year of change. The reseller titan reported a five per cent regional sales spike to $397.6m in the final quarter of …
Paul Kunert, 13 Feb 2014
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HP biz split latest: 'I'm excited!' says CEO as investors exchange nervous looks

HP performed about as well as the analysts expected for the fourth quarter of its fiscal 2014, which is to say it was another difficult quarter that put the cap on what has been a trying year for the tarnished tech titan. Revenues for the quarter were down 2.5 per cent from the year-ago period, at $28.4bn. That sum missed Wall …
Neil McAllister, 26 Nov 2014

Avago divests another chunk of LSI to Intel

Fresh from its acquisition of LSI, Singapore-based Avago Corporation has carved out the Axxia network processor business and flogged it to Chipzilla for US$650 million. Axxia's silicon targets data centre networking applications with PowerPC and ARM architecture devices for switches and line cards. The company has around 650 …