Articles about fourth quarter

The Register breaking news

Yahoo! welcomes! new! CEO! with! $303 million! loss!

Yahoo! lost $303 million in the fourth quarter. And Wall Street is chuffed. For the quarter ending December 31, the online ad broker raked in revenues of $1.8bn, a one per cent drop from a year ago. And that translates to a net loss of 22 cents a share. But if you ignore certain one-time charges - including severance packages …
Cade Metz, 28 Jan 2009
The Register breaking news

eBay revenue shrinks for first time in history

In the fourth quarter, for the first time in its history, eBay saw a decline in year-over-year revenue. "We're not happy about that," CEO John Donahoe told analysts and reporters during the requisite conference call announcing the company's Q4 results. For the quarter ending December 31, eBay pulled in sales of $2.04bn, a 6.6 …
Cade Metz, 22 Jan 2009
The Register breaking news

Nokia hands Qualcomm €1.7bn to close patent dispute

Nokia has finally revealed the price it paid to settle its acrimonious patent dispute with Qualcomm three months ago. The firms finally buried their long-running trademark dispute in July, but at the time refused to disclose the price of the deal. Yesterday Nokia finally confirmed that they had struck a 15-year agreement …
Joe Fay, 17 Oct 2008
homeless man with sign

AMD stems the bleeding in Q3

AMD posted revenues of $1.78bn for the third quarter of 2008, up 14 per cent on 2007, and made a net loss $67m - a massive improvement on the $1.19bn it lost in the second quarter. But the soon-to-be ex-chipmaker warned of concerns looking forward. It expects no increase in revenue for the fourth quarter. According to CEO …
John Oates, 17 Oct 2008

IBM blows cloud computing foghorn

IBM is building a $360m data centre to gain a bigger foothold in the increasingly crowded cloud computing services market. The firm’s latest information farm will be located at IBM’s Research Triangle Park facility in North Carolina. It’s hardly surprising to see Big Blue pumping big bucks into yet another cloudy data plant …
Kelly Fiveash, 1 Aug 2008
Siemens logo

Siemens flogs chunk of telco unit

Siemens has finally found a buyer, or at least part-buyer, for its corporate telecoms business. Siemens Enterprise Communications is now 51 per cent owned by Alec Gores and the Gores Group. It will be combined with Enterasys and SER Communications. Enterasys was originally the enterprise arm of Cabletron before going private …
John Oates, 30 Jul 2008

IBM throws arms around ILOG

IBM is buying French software maker ILOG for €215m ($340m). The tech giant said today the deal is part of IBM’s strategy to beef up business process management and service-oriented architecture technologies. The offer price represents a premium of about 56 per cent compared with ILOG’s one month average closing share price …
Kelly Fiveash, 28 Jul 2008
The Register breaking news

BT profits nothing to phone home about

BT failed to increase profits this year, although turnover was up very slightly in the fourth quarter ended 31 March. For the full year BT turned over £20.7bn, a two per cent increase on 2007. But profit before taxation and specific items was £2.5bn - no improvement on last year. BT did raise its EBITDA some three per cent to …
John Oates, 15 May 2008
The Register breaking news

Google approaching world domination

Google wants you to know it's well on its way to taking over the world. This afternoon, during a quarterly earnings call with industry analysts and journalists, CEO Eric Schmidt focused on the company's "strong international growth" in 2007. "More than half of our search traffic is now outside the United States," he said. " …
Cade Metz, 1 Feb 2008
The Register breaking news

Amazon to sell more stuff in 2008

This afternoon, during a conference call with industry analysts and reporters, Amazon chief financial officer Thomas Szkutak gave the world a peek into the company's plans for the coming year. "In 2008, you know, we're going to do more of what we did in 2007," he said. That's right, Amazon plans to sell more stuff. "We're …
Cade Metz, 30 Jan 2008
The Register breaking news

Yahoo! Will! Axe! One! Thousand! Workers!

Yahoo! president Sue Decker believes her company is "moving from catch-up mode to a mode of true differentiation." But its fourth quarter profits were down 23 per cent, and it will soon axe seven per cent of its work force. This afternoon, during a conference call for the benefit of industry analysts and reporters, Decker and …
Cade Metz, 30 Jan 2008

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