E-commerce firm JadoPado on Sunday announced year-on-year revenue growth of 208 percent for its financial year ending March 31, 2013. …
Huawei sees $11.8bn in China revenue during 2012
Huawei generated $11.8 billion revenue from China alone in 2012, and forecasts a compound annual growth rate of 10 percent …
Oracle suffers in storage market slowdown
According to Gartner, Oracle suffered the most as growth in the storage market continued to slow during the end of …
Cisco posts Q2 revenue increase
Cisco CEO John Chambers has reiterated the company’s ambitions to become the biggest company in IT after the firm posted …
MENA cloud spending to reach $462.3m in 2013
Gartner on Sunday predicted that the MENA public cloud services market will generate $462.3 million in revenue during 2013, marking …
Alcatel-Lucent CEO to step down
Alcatel-Lucent has announced that it is hunting for a new CEO, following reports of a fourth-quarter net loss of €1.37 …
Mayer ‘proud’ of Yahoo revenue climb, though profit sags
Yahoo’s revenue climbed 2 percent in the fourth quarter, though its display ad business shrank and profit was down from …
Huawei records $2.4bn profit in 2012
Huawei released its preliminary financial performance results for 2012 this week, projecting its global sales revenue to reach $35.5 billion, …
SAP revenue boosted by cloud and HANA
According to the international financial reporting standards (IFRS), SAP’s revenue in Q4 2012 grew by 12%, which was helped by …
Google reports 36% revenue jump
Google reported this week that its fourth-quarter revenue for 2012 was up 36% over the previous year, attributing the continued …