Financial
Dell profits sink 17% as revenues rise
Dell posted a surprise 17 per cent drop in profits for its fiscal second quarter, even though its revenues handily beat Wall Street estimates.[more...]
HP revenues surge
For its Q3 fy08 HP reported surging revenues of $28 billion, up 10% from Q3 fy07's 24.5 billion. GAAP net earnings (income) were $2.0 billion ($0.80/share), 14% up on the year-ago quarter's $1.8 billion ($0.66/share).[more...]
Red ink rising
Data protection vendor Tandberg Data reported rising revenues but a much worse net loss for its Q2 08 quarter as it resturctures and gets its costs down whilst removable disk revenues start to grow.[more...]
Rambus in trouble
Memory technology development and licensing corporation Rambus reported very poor business results in July and has now announced a 90-employee layoff, 21 percent of the workforce. Staff in the numerous companies Rambus has and is suing for patent violations may well feel sympathetic for the laid-off staff but have mixed feelings about Rambus' own fortunes.[more...]
All is well: NetApp reassures
NetApp reassured us all that storage is a healthy place to be with a 26 percent rise in Q1 fy09 revenues and a 12 percent rise in net income.[more...]
Brocade's double-digit growth
In its third quarter Brocade reported 11.6 percent growth in storage networking revenues contrasting starkly with Cisco's 14 percent revenue fall in the same period.[more...]
LeftHand Networks is booming
3,000 customers can't be wrong and nor can a 110 percent revenue rise.[more...]
Overland Storage still under the weather
Tape automation and disk data protection vendor Overland Storage reported quarterly and full year figures still dogged by the loss of a large OEM customer. The Snap Server acquisition should significantly increase revenues in fiscal 2009.[more...]
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Latest Financial
Dell profits sink 17% as revenues rise
Overland Storage still under the weather