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Weak June Doesn't Stop Chip Sales Rise
News Weak sales in June have been well documented by the leading chip companies. Chip sales posted solid gains in the second quarter, though revenue slipped in June, according an industry report released on Friday.
[August 2, 2002, 15:07]
Siebel Profits Vanish, As Do 250 Jobs
News Siebel Systems said it will trim 250 jobs by the end of June, following a dismal first quarter in which profits plunged 93 percent and revenue fell by a third. The California-based software company, which employs 5,850, said on a conference call on...
[April 24, 2003, 14:04]
Intel Blames Europe For Weak Q2
News Intel last night announced that its revenues for the April-June second financial quarter were markedly down on the first quarter, confirming weak demand for PCs, particular in the consumer sector in Europe.
[July 16, 1997, 9:27]
European Sales Drag Xbox Off Target
News Microsoft is unlikely to meet current sales targets for its Xbox video game console, owing to weak sales in Japan and Europe, according to a report released Wednesday by investment bank SoundView Technology Group.
[March 28, 2002, 8:43]
Handspring Warns Of Treo Holdup
News Bernard Whitney, Handspring's chief financial officer, forecast on the conference call that sales in the current quarter will dip to somewhere between $61m and $66m, amid what is normally a seasonally weak quarter.
[January 16, 2002, 9:56]
HP Fighting Back In Unix Server Wars
News It is still too early to determine if weak bookings will come back in the December quarter -- our own belief is that a recovery in orders will be delayed until the June quarter," UBS Warburg analyst Don Young wrote in a recent report on Sun.
[October 26, 2001, 8:51]
Analyst Says AOL Growth Is Down
News Estimates currently call for the company to earn 10 cents per share on revenues of $1.3 billion for the quarter ending June 30. Although one weak quarter does not make a trend, AOL's international operations are very important to the company's...
[June 11, 1999, 10:24]
Sun Speeds UltraSparc Amid Analyst Concerns
News Sacconaghi, who downgraded Sun from "market perform" to "underperform", also believes Sun is being hurt by not having servers using Intel's newer dual-core and quad-core Xeon processors, models the company plans to add by the end of June.
[April 4, 2007, 9:32]
MySQL Worm Stopped
News A worm exploiting weak database passwords on Windows computers had essentially stopped spreading on Friday, after the systems infected with the program were cut off from the control of several central computers.
[January 31, 2005, 8:15]
EMC And AMD Lead Techs South
News In economic news, the US unemployment rate rose to 4.5 percent in June as 114,000 Americans lost their jobs, according to a report from the Labour Department. On a positive note, the jobless rate in June was better than the 4.6 percent economists...
[July 9, 2001, 14:07]
Price Hikes Pay Off For Microsoft
News Despite the weak economy, some analysts remain bullish on Microsoft as it enters fiscal 2003. Both periods ended on 30 June. Despite "weak PC demand and corporate IT spending, Microsoft was able to deliver extremely solid operating results from a...
[July 19, 2002, 7:58]
The Day Ahead: Novell's Problems Are Its Own Doing
News Management said Novell had weak sales because of "the introduction of Windows 2000 and growing market interest in the Linux operating system. On its latest conference call, Microsoft said Windows 2000 sales should pick up in June after the company...
[May 3, 2000, 11:45]
Apple Beats Targets But Profits Fall
News Power Mac G4 sales, which have been weak for several quarters, continued their decline, with third-quarter sales totalling $234m, down 20 percent from the company's second quarter and 18 percent from a year ago.
[July 17, 2003, 10:51]
HP Tempers Profit Report With Caution
News The company didn't provide financial results for its future as a combined company with Compaq, saying it would reserve that information for a 4 June meeting with financial analysts. We will provide restated pro forma information (and) lay out time...
[May 15, 2002, 9:24]
Legal Costs Depress Microsoft's Bottom Line
News Microsoft said its cash and short-term investment balance rose to $56.4bn, up from nearly $53bn in December and $49bn a year earlier, and noted that its revenue for the quarter was boosted by the weak dollar.
[April 23, 2004, 8:40]
The Day Ahead: ITeX May Brighten Dreary IPO Week
News The company has also landed 55 design wins as of 30 June. For the six months ending 30 June, the company lost $11.5m on sales of $14.4m. For the six months ended 30 June, sales to Xpeed and Alcatel Bell accounted for 29 percent and 10 percent of...
[August 18, 2000, 11:52]
Microsoft Settlement Expected Today
News The mind is willing but the flesh is weak," mused Emmett Stanton, an antitrust attorney with Fenwick & West in Palo Alto, California. In a June ruling, in fact, the US Court of Appeals for the District of Columbia Circuit upheld eight separate...
[November 2, 2001, 8:52]
Palm Reports Narrower-than-expected Loss
News In June, Palm said it expected to post an operating loss of $60m to $80m on revenue of $200m to $220m for its first quarter ending in August. June sales were "relatively strong", she said, with July sales weaker, as expected.
[September 21, 2001, 9:18]
Apple Earnings Plunge But Beat Estimates
News Anderson made it clear education contributed greatly to Apple's third-quarter results, with education sales up 7 percent year-over-year in spite of the weak economy. Apple said it shipped 827,000 Macs during the quarter, which ended June 30.
[July 18, 2001, 9:54]
One Year Ago: Intel's Euro Outlook Fits Market Whispers
News Although the April-June second quarter is traditionally a weak one for the PC business anyway, the chip giant is such a bellwether of technology stocks and such a totem indicator of PC sales that its doom-laden prognostications had a huge knock-on...
[June 2, 1998, 6:00]
