Microsoft’s Surface tablet has earned the company less in revenue than it paid to write down unsold stocks of the device.
Symantec posts 2% revenue bump
Symantec today reported the results of its first quarter of fiscal year 2014, ended June 28, 2013. GAAP revenue for the fiscal first quarter was $1.71 billion, up 2 percent year-over-year and up 3 percent after adjusting for currency.
Facebook raked in big bucks from mobile ads in Q2
All those ads you see on Facebook when you whip out your phone to creep on your friends’ profiles are paying off big for the social network. Like, “billions of dollars” kind of big.
Polycom CEO resigns after expense report scandal
Videoconferencing is advertised as a tool to reduce travel expenses, but for the CEO of one of the biggest companies in the business, apparently that wasn’t enough.
Microsoft predicts another cruel quarter for PCs
Microsoft last week prepped Wall Street for a 2 percent slip in Windows revenue for the third quarter, but warned that PC shipments will continue their double-digit tumble.
Apple's profit drops 22 percent as iPad sales slow
Apple reported a drop in profits on roughly flat revenue for the April to June quarter, though the results were ahead of analysts’ expectations, providing something of a silver lining for the company.
Spectrami awarded Best Performer of the Year by Actifio
Spectrami, the value added distributor for Actifio’s copy data storage solutions in the Middle East, has scooped the Best Performer …
SAP posts growth but lowers outlook in main software business
SAP reported revenue growth in the second quarter driven by growth in cloud subscriptions and revenue from support and its HANA in-memory database.
IBM says profit, revenue fell but raises expectations for year
A rebound for IBM failed to materialise in the second quarter, as profit and sales declined along with a slump in revenue from hardware and services.
Calculating the cost of profit
Can you maintain cost leadership, service levels, solution quality, and deliver projects flexibly and to schedule? You’re worth your weight in gold, no doubt.