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.
Internet of Everything to generate $613bn profits in 2013
The ‘Internet of Everything’ (IoE) is expected to enable global private-sector businesses to generate at least $613 billion in global …
We will fire back at Cisco, says Aruba CEO
Aruba Networks’ CEO, Dominic Orr, has promised to “fire back” at Cisco, after he attributed underhand tactics — in which …
Lenovo’s net profit up 90 percent, smartphone shipments soar
PC sales in China and high growth in smartphones shipments helped boost Lenovo’s net profit for its fiscal fourth quarter …
UAE cloud security market poised for growth, says Frost & Sullivan
According to the latest report from Frost & Sullivan, the United Arab Emirates (UAE) is showing a greater demand for …
Dell profit dives 79 percent on falling PC sales
Dell reported another quarter of declining profits and revenue Thursday as CEO Michael Dell continues his fight to take the …
Alcatel-Lucent makes loss on static first-quarter revenue
Alcatel-Lucent’s first-quarter revenue inched up 0.6 percent year on year, but it reported a net loss after making a profit …
EMC storage business grows amid slight net profit shrink
EMC reported first-quarter revenue rose 6 percent to US$5.39 billion, while net income fell about 1 percent year-over-year to $580 …
Infosys sees profit drop in ‘soft quarter’
Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by …