However, the company reported a net loss of €885 million for the quarter, including an impairment charge of €552 million .
Dell is shipping Project Ophelia devices to early beta testers. PC sales are already suffering at the hands of mobile devices, and now Dell’s Android PC-on-a-stick threatens the relevance of traditional PCs from a different angle.
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.
SAP co-CEO Jim Hagemann Snabe will leave his post in May 2014 to become a member of the enterprise software vendor’s supervisory board, leaving Bill McDermott as sole CEO.
Microsoft on Thursday took an unexpected $900 million charge to account for what it called “inventory adjustments” for the Surface RT, the poor-selling tablet that debuted last 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.
Oracle is introducing a new generation of its Exalytics appliance for high-speed data analysis that comes with a slightly higher price tag but major increases in memory and storage capacity.
Weakness in the global economy, component shortages, sluggish demand for Windows 8 and the popularity of tablets all contributed to another double-digit percentage decline for the global PC market in the second quarter.
Apple’s iOS is closing the gap on rival Android in the US market, according to new statistics released today by Kantar Worldpanel ComTech.
Gartner has lowered its expectations for growth this year in global IT spending, saying it will rise 2 percent to $3.7 trillion. Earlier this year, the analyst firm predicted 2013 growth of 4.1 percent.