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HP: We'll outpace the market in 2010

HP is bullish on 2010. And today, at a Securities Analyst meeting, CEO Mark Hurd said he expects the IT industry to return to growth in 2010 and went so far as to say that HP will outpace the market. In a statement, Hurd said: Our broad product and...

Tags: Hewlett-Packard Co., Mark Hurd, Printing, GAAP Earnings Per Share, Document Management, GAAP, Enterprise Software, Software, Finance, Managerial Accounting, Financial Accounting, Sam Diaz

Blog posts 2009-09-24

Additional Resources

Verizon preps fourth quarter device barrage; Droid will 'stimulate demand'

Verizon delivered a solid third quarter courtesy of its wireless business, which added 1.2 million net customers excluding acquisitions. The company also said it is set up for the fourth quarter with the launch of Research in Motion's Storm 2 on Wednesday, two Motorola Android devices and 12 other handsets....

Tags: Revenue, Verizon Communications Inc., Wireless, Operational Accounting, Wi-Fi, Wireless And Mobility, Finance, Larry Dignan

Blog posts 2009-10-26

Earnings flash (memory): SanDisk delivers big quarter

SanDisk CEO Eli Harari said he was encouraged by "improved industry fundamentals." And there's a good reason for that. The company crushed third quarter estimates with a blowout quarter. The flash memory card maker reported net income of $231 million, or 99 cents a share, on revenue...

Tags: SanDisk Corp., Memory, Earnings, Flash Memory, Financial Accounting, Finance, Larry Dignan

Blog posts 2009-10-20

Palm: 823,000 smartphone units shipped; Outlook lumpy

Palm's first quarter had multiple moving parts. The company shipped 823,000 smartphones, announced plans to raise capital, beat estimates, delivered a mixed outlook and said the company's fortunes will be tied to product launches. Got all that? The big question, however, remains. Can the...

Tags: Microsoft Outlook, Palm Inc., Smart Phone, Quarter, Palm Pre, GAAP, Smart Phones, Operational Accounting, Cellular Phones, Handhelds, Financial Accounting, Finance, Consumer Electronics, Personal Technology, Hardware, Sam Diaz

Blog posts 2009-09-17

Oracle's Q1: "We grew faster than SAP"

Oracle Corp., which is facing a delay of its acquisition of Sun Microsystems, today reported first quarter non-GAAP earnings of $1.5 billion, or 30 cents per share, a three-percent increase over the year-ago quarter. Revenue for the quarter was $5.1 billion, a 7 percent drop from last year. Wall Street...

Tags: Acquisition, Oracle Corp., Sun Microsystems Inc., SAP AG, Earnings, Mergers & Acquisitions, Financial Accounting, GAAP, Corporate Law, Databases, Investment, Finance, Business Operations, Enterprise Software, Software, Data Management, Sam Diaz

Blog posts 2009-09-16

RightNow acquires social networking company HiveLive

RightNow on Tuesday said it will acquire HiveLive, an enterprise social networking company, for about $6 million in cash. In a statement, RightNow, which provides customer relationship management software as a service, said it plans to add HiveLive's technology to its platform. The move is the latest...

Tags: Social Networking, RightNow Technologies, HiveLive, Software As A Service (SaaS), Managed Hosting, Customer Relationship Management (CRM), GAAP, Networking, Enterprise Software, Emerging Technologies, Software, Financial Accounting, Finance, Larry Dignan

Blog posts 2009-09-08

Verizon keeps wireless churn lead in second quarter; Palm Pre coming 2010

Verizon delivered second quarter results Monday that were a bit better than expectations, but the company added fewer net wireless customers than some analysts expected.  Verizon's wireless churn rate continues to lead the industry. In addition, Verizon also confirmed that it will add the Palm Pre to its lineup early...

Tags: Revenue, Alltel Corp., Palm Inc., Verizon Communications Inc., Verizon Wireless, Wireless, Palm Pre, Operational Accounting, Wi-Fi, Finance, Wireless And Mobility, Larry Dignan

Blog posts 2009-07-27

Netflix aims for 12 million subscribers by year end

The recession has been kind to Netflix as the company continues to post stellar financial results and adds hunkered down consumers to its subscriber base. Netflix also hopes to hit the 12 million subscriber mark by the end of the year. Simply put, Netflix reinforced its recession-resistant...

Tags: NetFlix Inc., Financial Accounting, Finance, Larry Dignan

Blog posts 2009-07-23

Oracle bucks economic trends; beats Q4 estimates

Oracle, bucking Wall Street trends by continuing to beat quarterly estimates, said today that it earned $2.3 billion, or 46 cents per share, on sales of $6.9 billion, a 5 percent revenue dip but still enough to beat Wall Street's estimates of 44 cents on $6.47 billion in sales. Earnings...

Tags: Revenue, Oracle Corp., Earnings Per Share, Quarter, Software License Revenue, Financial Accounting, Operational Accounting, Finance, Sam Diaz

Blog posts 2009-06-23

EMC spars with NetApp over Data Domain

EMC has swooped in Monday with an $1.8 billion, or $30 a share, offer for Data Domain. The rub: Rival NetApp already had a plan to buy the company for $25 a share, or $1.5 billion.  EMC said its all cash offer is a 20 percent premium...

Tags: NetApp Inc., Joe Tucci, Domain, EMC Corp., Storage, Hardware, Larry Dignan

Blog posts 2009-06-01

Apple beats for Q2; Best non-holiday quarter; Netbook hardware 'junky'

Apple, known for conservative financial forecasts, easily surpassed Wall Street's estimates for the second quarter, reporting net income of $1.21 billion, or $1.33 per share, on sales of $8.16 billion. Statement Wall Street had been expecting earnings of $1.08 per share on $7.9 billion in sales, according to Thomson Reuters....

Tags: Revenue, Apple iPhone, Financial, Apple Inc., Netbook, Sales Strategy, Netbooks, Nettops & MIDs, Sales Force Management, Sales, Hardware, Sam Diaz

Blog posts 2009-04-22

Oracle buys Sun; Now owns Java; Becomes a hardware player

Updated: Oracle said Monday that it will buy Sun Microsystems for $9.50 a share in cash, or about $5.6 billion excluding debt, in a deal that plunges Larry Ellison & Co. into the hardware market. The company added that the acquisition of Java "is the most important software Oracle has...

Tags: Oracle Corp., Java, Sun Microsystems Inc., Larry Ellison, Mergers & Acquisitions, Sun Solaris, Data Centers, Corporate Law, Storage, Databases, Investment, Finance, Operating Systems, Software, Hardware, Data Management, Business Operations, Enterprise Software, Larry Dignan

Blog posts 2009-04-20

Apple to announce Q1 2009 earnings after the bell

Apple will hold its quarterly conference call with analysts to discuss financial results of its first fiscal quarter of 2009 today (21 January 2009) at 2:00 pm PT, 5:00 pm ET. You can listen to the audio webcast live via QuickTime here: http://www.apple.com/quicktime/qtv/earningsq109/ AppleInsider...

Tags: Apple Inc., Earnings, Financial Accounting, Finance, Jason D. O'Grady

Blog posts 2009-01-21

VMWare surprises for Q3 but cautions about future economic impact

VMWare surprised Wall Street with a better-than-expected quarter Tuesday but remained cautious because of the current business climate. statement Shares of the company, which closed down more than 9 percent in regular trading, rallied in after-hours trading and rose almost 25 percent. The company reported revenue of...

Tags: VMware Inc., GAAP, Operational Accounting, Sales Strategy, Financial Accounting, Finance, Sales, Sam Diaz

Blog posts 2008-10-21

ebay beats Q3, adjusts guidance for Q4, FY08

eBay reported third quarter earnings today, beating Wall Street’s expectations with revenues of $2.12 billion, up $228 million from the third quarter of 2007. It reported non-GAAP profits of $592 million, or 46 cents per share. GAAP profits were $492 million, or 38 cents per share. Analysts had been expecting...

Tags: Earnings, eBay Inc., GAAP, Financial Accounting, Finance, Sam Diaz

Blog posts 2008-10-15

Juniper: Enterprise demand strong; Johnson hired to scale up

Current Juniper CEO Scott Kriens delivered strong quarter results, said enterprise demand was solid and outlined the primary reason Kevin Johnson was hired as his replacement: He knows how to scale. Ahead of its earnings report statement Thursday Juniper made the Johnson news official. The company has...

Tags: Revenue, Juniper Networks Inc., Kevin Johnson, Operational Accounting, Finance, Larry Dignan

Blog posts 2008-07-24

eBay beats expectations; calls PayPal a "gem" and Skype a "killer" app

Updated: eBay reported second quarter earnings today, beating Wall Street's expectations with revenues of $2.2 billion, up 20 percent from the second quarter of 2007. It reported non-GAAP profits of $568 million, or 43 cents per share. GAAP profits were $460 million, or 35 cents per share. Wall Street...

Tags: Revenue, Skype Technologies S.A., Quarter, PayPal, eBay Inc., GAAP, Operational Accounting, Financial Accounting, Finance, Sam Diaz

Blog posts 2008-07-16

NetSuite's earnings on target

In its first earnings report since the IPO, NetSuite came in pretty much on analyst expectations for the final quarter of 2007. Compared to other SaaS providers Salesforce.com, Concur and Taleo, this is a middling performance although it indicates the SaaS market in the SMB space is holding up well....

Tags: NetSuite Inc., Earnings, GAAP, Software As A Service (SaaS), IPO, Financial Accounting, Finance, Emerging Technologies, Financial Services, Dennis Howlett

Blog posts 2008-02-14

BEA faces rough crowd

BEA Systems reported better than expected third quarter results, but all the company got was skepticism about the way it came up with its earnings tally, hackles about its software license growth and questions on why the company thinks it is worth $21 a share. Simply put,...

Tags: BEA Systems Inc., Analyst, Outlier, GAAP, Financial Accounting, Investment, Finance, Larry Dignan

Blog posts 2007-11-16

BlackBerry-maker announces FY 2008 1Q numbers: 9 mil+ users

BlackBerry-maker Research In Motion starts their Fiscal Year at the end of the first quarter of each calendar year. Because we are coming up to July 1, that means the end of 1Q FY'2008.Here are the numbers RIM thinks you should know:Revenue for the first quarter of fiscal 2008...

Tags: News, Corporate Stuff

Blog posts 2007-06-28