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- EMC: Customers have 'more comfort' about IT budgets
- EMC CEO Joe Tucci said that customers are "signaling more comfort spending their IT budgets." The company reported better-than-expected third quarter results. The storage giant reported third quarter earnings of $298.2 million, or 14 cents a share, on revenue of $3.52 billion, down 5 percent from a...
- Blog posts 2009-10-22
- eBay 'cautiously optimistic' heading into the holidays, but outlook disappoints
- EBay's third quarter results weren't too shabby, but the company's outlook disappointed some on Wall Street. In addition, the company said it was "cautiously optimistic" heading into the holiday season. The company reported net income of $349.7 million, or 27 cents a share. Non-GAAP earnings were $501.5...
- Blog posts 2009-10-21
- AMD posts third quarter loss, but moving in right direction
- AMD reported a smaller-than-expected loss and said it saw growth in unit shipments for its microprocessors and graphics chips. The company, which had a tough act to follow given Intel's blowout third quarter, reported a net loss of $128 million, or 18 cents a share, on revenue...
- Blog posts 2009-10-15
- 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...
- Blog posts 2009-09-24
- 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...
- 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...
- 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...
- Blog posts 2009-09-08
- McAfee acquires MX Logic, Delivers solid third quarter outlook
- McAfee on Thursday acquired MX Logic, which provides on-demand email, continuity and Web services, for $140 million. The move is designed to bolster McAfee's security as a service lineup. Security software vendors have been racing to the cloud. MX Logic has 40,000 customers who cover more than...
- Blog posts 2009-07-30
- NetSuite's second quarter better than expected
- NetSuite on Thursday delivered second quarter financial results that were better than expected. The company also said it garnered higher prices. The company reported a second quarter net loss of $5 million, or 8 cents a share, on revenue of $40.3 million, up 10 percent from a...
- Blog posts 2009-07-30
- Apple iPhone margins nearly 60%, analyst estimates
- Apple 2.0 blogger Philip Elmer-DeWitt always has his ear tuned to Wall Street, and today he highlights that unemployed mortgage broker analyst Turley Muller says Wall Street deeply underestimates how much of an effect the iPhone has on Apple's bottom line. On his...
- Blog posts 2009-07-29
- IT Must Play a Key Role in Adapting to IFRS
- In late November 2008, the Securities and Exchange Commission SEC released for comment its proposed roadmap of the steps required for conversion from US Generally Accepted Accounting Principles US GAAP to International Financial Reporting Standards IFRS. Its release takes closer to a single set of high-quality, globally accepted accounting standards,...
- White papers 2009-07-16
- Business Aviator Inventory Free Edition 3.20 (Windows)
- Business Aviator is Inventory Management Software that includes Inventory, Items, Pricing, Customers, Vendors, Sales, and Purchasing Management and provides unrivaled support for multiple locations by following generally accepted accounting principles GAAP. Whether you're a product based business that sells, warehouses, or distributes goods, or a service based business that has...
- Software downloads 2009-05-18
- How to Navigate Through the Multi-GAAP Reporting Maze During an IFRS Conversion
- Oftentimes, before a company can embed IFRS as its primary financial reporting standard, it must go through a dual-reporting period during which IFRS and US GAAP financial statements are reconciled. The ability to meet challenging multi-GAAP reporting requirements largely depends upon the magnitude of the IFRS and US GAAP differences,...
- White papers 2009-04-01
- NetSuite looking bright for the future
- In the last year, NetSuite has gone from the company that was beset with issues to one where executing well and attention to resolving channel issues has paid off. "For the first time in our history, we were...profitable," [on a non-GAAP basis] said Zach Nelson, NetSuite's CEO...
- Blog posts 2009-02-10
- Accounting for Employee Benefits Under IFRS: An IFRS Publication
- This paper highlights some of the significant differences between International Accounting Standard IAS 19 and US generally accepted accounting principles US GAAP for post-employment benefits, including pensions and other post-retirement benefits such as retiree health benefits, and review the proposed changes to IAS 19. The proposed changes will most likely...
- White papers 2009-02-01
- Netflix bucks trends, beats for Q4
- Netflix, considered by some on Wall Street to be recession proof, beat analysts estimates for its fourth quarter, reporting an adjusted net income of $22.7 million, or 38 cents per share, on revenue of $359.6 million. Analysts had been expecting income of 34 cents on revenue of $354 million. Revenue...
- Blog posts 2009-01-26
- Taleo: Management’s comments regarding their November to forget
- A Different and More Optimistic View - Execs Confirm Many Prior Assumptions Last week, Taleo’s Katy Murray, CFO, and Nate Swanson, Investor Relations, were kind enough to spend a few minutes with me to discuss my recent post on Taleo. The overall tone was positive and not...
- Blog posts 2008-11-30
- When to spend cash in a SaaS business
- Revealed: the magic formula that helped enterprise web analytics provider Omniture sustain rocketing growth, dwarf its competitors and become the second-largest listed pureplay SaaS provider in the US by Phil Wainewright
- Blog posts 2008-11-22
- NetSuite's Q3 revenues top $40.4 million but...
- Today is turning out to be a good day for saas/on-demand fans. Dreamforce got off to a jolly start and NetSuite recorded a third quarter, exactly in line with Wall Street expectations, with revenue at $40.4 million, a 44% increase over the third quarter of 2007 at $28.6 million, and...
- Blog posts 2008-11-03
- Analyst: Apple could crush competitors with a $99 iPhone
- Apple could slash the price of an iPhone to $99, continue to supply a nice margin of more than 40 percent and potentially dominate the smartphone market. At least that's the opinion of a research analyst who issued a report today, according to a post on Electronista. The analyst said...
- Blog posts 2008-10-27
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