Articles about q4

Gangnam calling for punishment of president Park Geun-hye and Samsung chief Lee Jae-yong

Samsung heir Lee Jae-yong cuffed in $40m corruption, perjury bust

Samsung Group vice chairman Lee Jae-yong has been arrested, accused of bribery, embezzlement, and perjury, and taken to jail near Seoul in South Korea. The Seoul Central District Court issued a warrant for Lee's arrest on Friday, after rejecting a warrant request from prosecutors last month for lack of evidence. A Samsung …
Thomas Claburn, 17 Feb 2017

Apple nabs smartphone top spot from Samsung, but for how long?

Christmas sales helped Apple steal top spot in global phone shipments from Samsung, but Gartner, who compiled the numbers, are confident that the chaebol will wrestle it back. Gartner estimated the gap between the two had narrowed to 256,000 units, with Apple a shade in front, by 77,0380,000 to 76,782,600 shipments in the …
Andrew Orlowski, 15 Feb 2017
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Battle of the botnets: My zombie horde's bigger than yours

DDoS attacks more than doubled in the last quarter of 2016 compared to the same period the year before. Although the infamous Mirai IoT botnets accounted for many of the most severe attacks, the biggest single assault came from a different zombie network, according to a new study by Akamai out Tuesday. Attacks greater than …
John Leyden, 14 Feb 2017

Take cover! Storage news barrage incoming

Incoming! Boom, boom and boom again – storage news announcements hit the wires in a relentless barrage. Here's a few we've received showing developments in data protection, cloud storage, hyper-converged storage, the dregs of flash memory and more. Acronis Backup 12 now includes backup for Office 365 and VMware vSphere 6.5. …
Chris Mellor, 10 Feb 2017
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Hortonworks brakes on breaking even, continues to burn cash

Updated Hortonworks has pulled up a few dollars short in its bid to stop burning cash by the end of this financial year. The Santa Clara-based business has posted a record yearly revenue of $184.5m, $52m of which arrived in Q4, but also reported a net loss for the whole year of just over $251m, leaving it with cash and investments of …
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OK, 2016 wasn't the best, but look for a buyer? That's Cray

+Comment A poor year for Cray was rescued by its fourth 2017 quarter’s results. Q4 2016 Q4 2015 Change Full 2016 Year Full 2015 Year Change Revenues $346,600,000 $267,500,000 29.6% $629,800,000 $724,700,000 13.1% $51,800,000 $20,300,000 155.2% $10,600,000 $27,500,000 61.5% Full 2016 year revenues went down 13 per cent …
Chris Mellor, 09 Feb 2017
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AWS cloud cash share: Bigger than Microsoft, IBM, Google COMBINED

AWS sucked up over one third of all cloudy infrastructure sales globally in the closing quarter of 2016 - more than three of its next biggest rivals could muster together. The total IaaS sector grew by a whopping 49 per cent year-on-year to $10.3bn in Q4, according to analyst house Canalys, as a raft of businesses continued to …
Gavin Clarke, 07 Feb 2017
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Cut off: Big government IT wallets snap shut on BT's fingers

BT, which until 1984 was part of the UK public sector, is losing its grip on the public purse. Spending with BT by the Department of Health and its organisations appears to have fallen by nearly two-thirds during the current fiscal year, compared with 2015-16. Data unearthed by The Register has found BT is also rapidly …
SA Mathieson, 07 Feb 2017
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Cloud price wars resume as Microsoft cuts by up to 51 per cent

Microsoft has made another round of cuts to its cloudy costs, for both virtual machines and storage. Microsoft's F-series VMs, which offer cores on a Xeon E5-2673 v3, are down by up to 23 per cent for Linux and 18 per cent for Windows machines. The A1 Basic VM, Microsoft's second-wimpiest cloud server, is down by up to 42 per …
Simon Sharwood, 07 Feb 2017

Intel's Atom C2000 chips are bricking products – and it's not just Cisco hit

Updated Intel's Atom C2000 processor family has a fault that effectively bricks devices, costing the company a significant amount of money to correct. But the semiconductor giant won't disclose precisely how many chips are affected nor which products are at risk. On its Q4 2016 earnings call earlier this month, chief financial officer …
Thomas Claburn, 06 Feb 2017

FireEye execs exit, following hundreds of staff restructured into redundancy

FireEye has bid farewell to two of its top executives, who are departing on the heels of the hundreds of staff who left following CEO Kevin Mandia's restructure of the business last year. The enterprise cybersecurity outfit is still “on the path to profitability” according to Mandia, who announced the departures of his …
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BT's ball-juggling routine can only go on so long

Analysis Former state monopoly BT is juggling so many regulatory, financial and operational balls it’s a wonder it has a free hand to get on with the day-to-day business. Just some issues facing the telco include: uncertainty over Openreach’s future; continuous declines in business with the public sector; a £9bn ballooning pensions …
Kat Hall, 06 Feb 2017
Paisley skull

Tablets become feebleslabs as sales spiral down

The tablet computer market has slumped into “spiraling decline”, according to box-counter IDC. The firm defines tablets as either a “slate”, like the iPad, or a “detachable” that offers a first-party keyboard like a Microsoft Surface device. The firm's totted up all the sums from a year's worth of its Worldwide Quarterly …
Simon Sharwood, 03 Feb 2017
Chris Morris in Brass Eye. Channel 4

AMD's had a horrible 2016: Never mind, it lost slightly less than half a billion this time

Industry execs are paid to put on a brave face when outlining company financials, and AMD’s CEO Lisa Su kept up her end of the bargain last night when the broken business reported a net loss of $497m for 2016. This was progress of sorts: in the prior year ailing AMD filed losses of $660m. Despite the latest numbers, the stock …
Paul Kunert, 01 Feb 2017

Citrix looks like it has escaped 'not dead yet' status

In 2015 Citrix was in trouble: the company fired 900 employees and warned it would miss guidance on earnings, endured a profit slump and cleaned out its C-suite. While the company could still point to annual revenue grazing towards US$3bn, software companies don't often improve their health after bad years. With VMware …
Simon Sharwood, 01 Feb 2017
Sad Android

VMware's enterprise mobility management tool can p0wn itself

VMware's AirWatch enterprise mobility management service has two flaws that means the software needs ran update ASAP. In an emailed security advisory, VMware warns that “Airwatch Agent for Android contains a vulnerability that may allow a device to bypass root detection during enrollment.” “Successful exploitation of this …
Simon Sharwood, 31 Jan 2017
Optane

Flashy Intel sees the XPoint of solid state

Intel made $816m from flash memory products in the final 2016 quarter and sees XPoint contributing 10 per cent of revenues in 2018. This is minuscule compared to the Intel’s $16.4bn revenues for the quarter but a sizeable chunk of change in the flash business. Its Non-Volatile Memory Solutions Group saw revenues up 25 per cent …
Chris Mellor, 30 Jan 2017
Wages

UK Cybersecurity: Permanent job salaries growing faster than contractor pay rises

Demand for cyber security skills in the UK means that salaries for full time IT security jobs are increasing faster than contractor rates, according to a new survey. Annual IT security permanent salaries climbed by 5 per cent (from Q4 2015 to Q4 2016) to £57,706, compared to a 0.62 per cent increase for contractor day rates ( …
John Leyden, 30 Jan 2017
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Intel's Q4 was 'terrific' and 'record setting' says CEO as profits dip

Intel's profits dipped slightly in the last quarter of 2016, with income for the entire year down by 9 per cent. Following the 5 per cent hit its share price took when the quarter's forward guidance was published in October last year, Intel hasn't failed to disappoint investors. Although revenues were up year-on-year, from $ …
Gareth Corfield, 27 Jan 2017
Homer Simpson virtual machine superhero

VMware cracks the $7bn annual revenue mark after 'balanced' Q4

Business textbook writers might do well to consider VMware's last year, as the company announced revenue and earnings that exceeded expectations, plus strong growth for new products, just a year after making a major change of strategy. That change came with the company's FY 2015 results, when the company announced it was …
Simon Sharwood, 27 Jan 2017
Loon balloon

Google-overlord Alphabet's stiff growth fails to satisfy investors

Google parent Alphabet reported "exceptional" fourth quarter growth, resulting in a 22 per cent increase in revenue compared to the same period a year ago, or 24 per cent year-over-year in constant currency. The Chocolate Factory overseer reported $26.06bn in Q4 2016 revenue, up from $21.33bn during the same period last year …
Thomas Claburn, 27 Jan 2017

Modular dud drags LG to first loss in six years

You’re an investor in LG: do you want the bad news or the even worse news? The bad news is that the under-par performance of LG’s mobile business caused the giant chaebol to post its first loss in six years. The worse news? Executives, to reverse LG’s fortunes, are betting on er, Android smartwatches and um, a Chevy electric …
Andrew Orlowski, 25 Jan 2017
Yahoo! billion-record breach notice email

Yahoo! boo! hoo! hoo!: Verizon! hits! brakes! on! $4.8bn! biz! gobble!

Yahoo!'s sale to Verizon has been delayed, following revelations last year of historical data security breaches. News of the deferral of the $4.8bn Verizon deal came as Yahoo! released its Q4 earnings results on Monday. "Yahoo! had previously stated that it expected to close the transaction in Q1," it said. "However, given …
John Leyden, 24 Jan 2017
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Computacenter: No mention of Brexit but UK sales went nowhere in 2016

The gods of channel sales growth did not smile on Computacenter in 2016 as the UK filed standstill top line numbers and progress in European ops was unpicked by unfavourable forex rates. Unaudited results for the financial year were released today, showing group revenues that were flat on the prior year, indicating they were …
Paul Kunert, 23 Jan 2017
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IBM is letting storage hardware revenues slip gently off into the night

Analysis IBM's fourth quarter and full year 2016 results showed the now traditional storage hardware revenue decline, while all-flash array and software-defined storage revenues grew double digits. IBM's results announcement material said that storage HW revenues were down 10 per cent on the year. Our calculation is that they are thus …
Chris Mellor, 20 Jan 2017
Money down the drain

Avaya files for bankruptcy

Avaya has filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code, which allows organisations to re-organise their affairs in part by temporarily relieving them of obligations to creditors. The company's canned statement positions the decision to seek Chapter 11's protections as a necessary refresh of …
Simon Sharwood, 20 Jan 2017

Big Blue's blues diffuse: IBM's sales drain now more like a sad trickle

IBM is touting growth in its cloud and cognitive business units as the enterprise giant wraps up a year of double-digit revenue declines. Big Blue said that for its fourth quarter of 2016, ended December 31, revenues were nearly flat over the same period last year and net income was up slightly. Revenues of $21.8bn were down …
Shaun Nichols, 20 Jan 2017
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Seduced by the Docker side: Microsoft's support could be first shot fired in the Container Wars

Docker was arguably a dumb thing for you to do with your time last year. Developers loved it but enterprises weren’t so sure. That was then, but now Microsoft – mighty in enterprise tech and filled with deep and abiding love for open source – is perhaps Docker's best friend. Not only is Microsoft getting behind Docker-style …
Matt Asay, 19 Jan 2017

For God's sake, stop trying to make Microsoft Bob a thing. It's over

Vid Microsoft has entered the virtual reality race, announcing a new headset called Evo in collaboration with Intel. The headset will have the same advanced features of current high-end products including the Oculus Rift, HTC Vive and soon-to-be-launched Sulon Q, but will work with mid-range laptops, the company said. Up to now, …
Kieren McCarthy, 08 Dec 2016

HPE UK preps the redundancy ride as Chrimbo looms

Cost-cutting at Hewlett Packard Enterprise's CSC-bound services business looks set to continue right up to the point it is sold in the spring, leaked documents have indicated. In a note to his staff this week, Maurice Mattholie, HPE UK and Ireland veep for IT Outsourcing – which part of the outgoing Enterprise Services (ES) …
Paul Kunert, 02 Dec 2016

HP Inc CEO Dion: Whey-hey, we're on the pull

HP Inc has delivered its first full year of financial results, and they aren't looking good. Profits fell 63 per cent, revenue was down 6 per cent, and its earnings per share were down over a quarter. It had been a difficult year, CEO Dion Weisler acknowledged during Tuesday's earnings call, but the company is now planning to …
Iain Thomson, 23 Nov 2016

HPE's first standalone year ticks most boxes – except Donald Trump's

Hewlett Packard Enterprise (HPE) has posted its first full-year results as a discrete entity and says it has ticked most of the boxes it said it would when it spun itself out and then started selling bits of itself off. The headline figures for Q4 aren't brilliant: revenue was US$12.5bn, down 7.7 per cent year on year. GAAP …
Simon Sharwood, 23 Nov 2016
Pauline from League of Gentlemen being given a dressing-down by the new Job Centre teacher. Still photo from BBC series LoG

More than half of punters reckon they can't get superfast broadband

More than half the population does not believe it is has access to superfast broadband – despite the government promising that 95 per cent of the country will have 24Mbps next year. In a survey of just over 2,000 adults conducted by global research biz TNS on behalf of broadband pusher ViaSat, just 48 per cent believed they …
Kat Hall, 22 Nov 2016
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Brocade's sales growth outpaced by costs, ahead of Broadcom buyout

Ahead of its acquisition by Broadcom, Brocade has turned in another quarter of growing revenue but slumping net income. Revenue for the quarter was up 12 per cent year-on-year to US$675 million, and the company's full year 2016 result at $2.35 billion was 4 per cent better than 2015. Fourth quarter profit was $66 million ( …
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Apple unplugs its home LAN biz, allegedly

Apple has pencilled in the end-of-life date for its 17-year-old AirPort product line. The news comes courtesy of Bloomberg, which probably got it right even if it does describe routers as "access points that connect laptops, iPhones and other devices to the web without a cable." The report notes that wireless networking isn't …
NBN Logo

nbn™ aces the easiest construction target it will have for two years

nbn™, the organisation building and operating Australia's National Broadband Network, has emitted new canned statements to describe its progress that, as always, have a slightly soviet feel to them because as always everything's going just fine. The company says it hit all targets and therefore “demonstrated continuing …
Simon Sharwood, 08 Nov 2016

Arista fends off Cisco attack, reports growth

Arista may be fighting Cisco's legal fires in the USA, but it's still managed to post increasing revenue and profit. The company reported its Q3 2016 on Thursday, with the highlights being an 8 per cent year-on-year uptick in revenue to US$290.3 million; GAPP profit up year-on-year from $28.7 million to $51.3 million; and non- …
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iPhone fatigue and fading Samsung. This planet is bored with big brand phones

Samsung already had plenty to worry about before its flagship phone started exploding. Strategy Analytics reckons the Korean giant’s phone sales have fallen 10 per cent. And it’s not alone. Apple is experiencing “iPhone” fatigue after years of merely incremental upgrades, down 5 per cent globally over the year. Overall global …
Andrew Orlowski, 27 Oct 2016
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VMware's weakness? It didn't beat every target for every product in Q3

If VMware is a legacy software company soon to be killed by cloud, you may want to find more more legacy companies in which to invest*, because Virtzilla has just posted another another quarter in which its core virtualisation products helped it to beat guidance for earnings and revenue. The headline numbers are revenue for Q3 …
Simon Sharwood, 27 Oct 2016
Funnel of cash. Credit: via SXC – http://www.sxc.hu/profile/Leonardini

Juniper revenue up, but profit slips for Q3

Juniper's turned in a Q3 2016 quarter revenue of US$1.285 billion, up 3 per cent on the same period last year, but with GAAP profits down by 13 per cent to $172.4 million. CEO Rami Rahim picked out some bright spots in the numbers, saying that the cloud business has become the company's primary driver. Routing rose 3 per cent …
Shot of a new Macbook Pro

Disaster in Cupertino: Apple only made US$9bn last quarter

Apple once again saw revenues drop, as 45.5 million iPhone 7 sales were not enough to boost its fourth-quarter earnings. CEO Tim Cook talked up the particularly strong performance of Apple's internet services while glossing over another quarter of falling revenues. "Our strong September quarter results cap a very successful …
Shaun Nichols, 25 Oct 2016
Satya Nadella

Microsoft kinda did OK this quarter – but whatever, Wall Street loves Satya Nadella

Microsoft's first-quarter results for its 2017 fiscal year reveal a four per cent year-on-year fall in profit and 10 per cent dive in operating income. Just before the quarterly results were announced, Microsoft's stock was down about half a per cent to $57.25 a share. Then when the figures landed, and despite the fall in …
Iain Thomson, 21 Oct 2016
VCE VxRail

VxRack and VxRail systems feel the Edge of Power

EMC's VxRail and VxRack hyper-converged infrastructure systems are getting wholesale Dell PowerEdge server transplants. That means Broadwell Xeons, and the headline speeds and feeds are that VxRail systems, get: 250x more configurations, 40 per cent more CPU performance for the same price, 25 per cent lower entry price …
Chris Mellor, 19 Oct 2016

Intel stock falls on glum Q4

Intel's share price is down 5.22 per cent to $35.78 apiece in after-hours trading today after the biz predicted a slightly less rosy fourth quarter than expected. Analysts had hoped Chipzilla would promise to deliver a $16.1bn quarter in the final three months of the year – the processor giant instead said it's aiming to bag $ …
Chris Williams, 19 Oct 2016

Micron scrambling up wall of revenues pit

Micron has reversed its downward trend and pulled off a fourth fiscal 2016 quarter with increased revenues and decreased losses. The mainly DRAM and flash foundry company reported revenues of $3.22bn, up 11 per cent on the preceding quarter but 11 per cent down on the year; there is still a ways to go. The net loss was $170m, …
Chris Mellor, 05 Oct 2016
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Violin hunts for elusive key to regrowth

Analysis The elusive hunt for renewal and regrowth at Violin Memory has moved into a new phase – with a product launch holding up sales, sales leadership change, and the CEO focusing on finding funding for the future. Violin has cleverly managed to avoid falling off a cliff despite falling sales revenues and investor despair. It …
Chris Mellor, 26 Sep 2016
Raining money

A-dough-be: Photoshop flinger pumps profits 50 per cent

Adobe is crediting the success of its cloud and digital media groups in reporting record quarterly revenues. The Creative Cloud maker says that its Q3 2016 period (ended September 2) saw a number of units reach new highs: Revenues of $1.46bn were up 20 per cent over the year-ago quarter. Net income of $270m was a 55 per …
Shaun Nichols, 20 Sep 2016

We read Nutanix's homework... and the numbers look good

Analysis Nutanix has filed an amended S1 IPO form with the SEC and data within it shows a strongly growing business well-set for an IPO if the financial environment is supportive. The company's latest results show satisfactory quarter-on-quarter and annual revenue growth with net losses growing less sharply and becoming a smaller …
Chris Mellor, 20 Sep 2016
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Skype shuts down London office, hangs up on hundreds of devs

It's hardly surprising, really: having replaced the peer-to-peer Skype with a client-to-cloud version, Microsoft's now shuttering the London development office it inherited when it bought the VoIP application. First reported by the Financial Times, the decision to “unify some engineering positions” also affects Yammer …
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Mills appears at top of MapR

Matt Mills, formerly of Oracle, has assumed the reins as Chief Executive Officer at Hadoopy big data biz MapR. Mills joined the firm last year, after 20 years at Oracle, and was applauded for increasing revenue in that year's Q4 report. Mills' industry contacts were lauded by MapR's marketing chief, Jack Norris. MapR's …