Tag: revenue

Oracle revenue as flat as a pancake

Posted on March 18, 2015 by - News

food-drink_02_temp-1424101497-54e21079-620x348Oracle had a disappointing third quarter with revenue as flat as a Paris supermodel and lower profit as the US dollar strengthened.

To put some shine on the gloom for investors, Oracle raised its quarterly dividend 25 percent to 15 cents a share.

As a result shares of Oracle initially fell but quickly rose 3.3 percent in after-hours trading to $43.20.

The database company reported sales of $9.3 billion, the same as the quarter a year ago. Oracle said revenue for the fiscal third quarter would have risen 6 percent without the impact of unfavorable currency rates.

The cocaine nose jobs of Wall Street had expected $9.46 billion.

Oracle has been pressing ahead on its glorious quest to make computers out of clouds.

Oracle said its cloud-computing software and platform service revenue rose 30 percent to $372 million, an area keenly watched by investors as Oracle tries to migrate its business toward a remote, Internet-enabled model.

Analysts say that the plan is turning out OK, and certainly not as bad as they had expected.
Oracle’s net profit fell slightly to $2.49 billion from $2.56 billion in the year-ago quarter.

 

Samsung boosted by smartphone sales

Posted on April 26, 2013 by - News

Samsung HQ in CaliforniaGrowing sales of its smartphones have helped Samsung reach a record quarterly profit.

The company announced that it had raked in a net profit of $6.4 billion in the first quarter of 2013, 42 percent higher than the same time last year.

Samsung said its IM Division rang up the first quarter with a  seven percent increase from the previous quarter. It added that this was driven by “sound sales” of its GALAXY S III and GALAXY Note II devices, which aided profit margins for Mobile Communications.

However it warned that it expected global demand for smartphones in the second quarter would “dampen” as a result of  “heightened competition”.

It also admitted that the January-to-March quarter proved trying on the PC business, while the Networks Business came around with a stable supply of Long Term Evolution (LTE), fourth-generation equipment.

Demand for consumer electronics products in emerging markets stemmed further sales losses but weak seasonality and a sluggish economy took their toll on Samsung’s sales of TVs and home appliances. However, Samsung’s VP and Head of Investor Relations moved to drum up support claiming the company expected to increase R&D spending for strengthening its “competitiveness ahead of planned new product launches.”

He did, however manage expectations, warning that  the company couls experience stiffer competition in the mobile business due to expansion of the mid- to low-end smartphone market while TV growth would continue to wane in developed markets.

On the components side, global supply of PC DRAM remained weak, brought on by adjustments in the product mix by chip makers opting to manufacture mobile and server DRAM over chips used in PCs. Samsung is looking to improve its profit margins with a differentiated product portfolio.

The Display Panel segment faced a challenging quarter due to seasonally soft demand from set makers. However the introduction of new devices and increased shipments of smartphone display panels, prevented steeper losses.

Canon helps the partners out

Posted on April 2, 2013 by - News

canonCanon is helping its channel partners to generate additional revenues with the launch of two new series colour multifunctional devices (MFDs).

According to the company, the i-SENSYS MF8200 and MF8500 both offer high quality and connectivity features and all five new compact laser devices will enable partners to help their small to midsized customers work faster.

Anil Jagpal, European Marketing Manager for i-SENSYS at Canon Europe, said customers were increasingly asking Canon partners to provide office technology products that supported a more connected approach to working and increased the productivity of end-users.

The company also referenced its own recent research that found more than two-thirds of end-users felt that printers or scanners with Wi-Fi connectivity could improve their productivity.

“Our refreshed i-SENSYS range provides our partners with a great business opportunity to convert the strong desire for quality, connectivity and productivity into sales,” Jagpal added.

The new i-SENSYS MFDs are said to be designed to be shared and come network-ready as standard. They are claimed to provide users with the ability to print from a range of mobile and other web-connected devices, using Canon’s Mobile Printing App, Apple AirPrint or Google Cloud Print.

The i-SENSYS MF8280Cw and MF8580Cdw also feature Wi-Fi connectivity, and the i-SENSYS MF8500 series enables users to capture paper-based documents and send them straight from the device to an email address or network folder.

The MF8500 series also support PCL, which allows partners to integrate these devices into their customers’ existing IT and printing environments as well as offering security features that allow partners to meet their customers’ increasing demand for keeping company information safe.

The new i-SENSYS devices will be available from 15 May 2013.

Juniper Networks kisses the cloud and its partners, too

Posted on January 16, 2013 by - Products

JuniperJuniper Networks has made bold promises with an announcement outlining changes to its Partner Advantage program.

The network company, which claims to support around 12,000 partners, has decided to take advantage of the growing cloud trend and incorporate these products into its services.

Of course, this isn’t a ground-breaking ploy, with companies moving to take advantage of the cloud and the revenue it offers for a good few years now, and it could be argued that the company has been a bit slow on the uptake.

However, Juniper is pushing ahead also announcing a range of new support, maintenance and professional partner services.

It says its Partner Advantage Cloud programme will depend on, rather than compete with, partners and help to bring “cloud-ready products to the market”. It also claims its strategy is to acknowledge partner cloud service and infrastructure capabilities and connect them with Juniper’s technology partnerships to create cloud-ready bundles that are easier for providers to deploy and manage. Whatever that means.

Partners in the programme will be given relevant tools and resources to drive cloud differentiation and growth.

The company has also outlined two specific areas: Partner Support Services and Partner Professional Services.

Juniper’s Partner Support Services will focus on support and maintenance services with partners treated to four new services troubleshooting workshops, including service provider routing, enterprise routing, enterprise switching and security, designed to help partners improve service delivery effectiveness, later this year.

Juniper’s Partner Professional Services is said to focus on validating partners’ professional services capabilities. We assume there will be a cost. Juniper didn’t say.

The programme also promises revenues and rewards to partners, although how hard they have to work, or how much they have to originally stump up for marketing and training to achieve this, is anyone’s guess.