VMware revenue climbs 35 percent on 'pent-up demand'
VMware's revenue jumped 35 percent in the first quarter, the company said Tuesday, another sign that businesses are opening their wallets again for enterprise IT purchases.
VMware's revenue jumped 35 percent in the first quarter, the company said Tuesday, another sign that businesses are opening their wallets again for enterprise IT purchases.
IBM’s Asia-Pacific operations have outperformed all other regions in the vendor’s first quarter financial results.
Tata Consultancy Services (TCS) signaled a stable recovery for Indian outsourcers when it reported on Monday strong revenue and profit growth in dollar terms for the quarter and fiscal year ended March 31.
IBM on Monday reported first-quarter earnings of US$1.97 per share on $22.9 billion in revenue, a rise of 16 percent and 5 percent, respectively, over the same period last year.
Telecom company Tata Communications has announced record growth for business volumes despite the recession and continued investments in global infrastructure, services and emerging market initiatives.
Carsales.com.au has issued its maiden financial results since first listing on the Australian Stock Exchange (ASX) in September 2009, recording a 51 per cent year-on-year increase in net profits after tax for the half year to 31 December 2009 of $19.1 million.
The global financial crisis has forced labour and workforce provider, Skilled Group (ASX: SKE), to delay a major rollout of its back office IT system. Skilled posted financial results for the first half of the 2010 financial year, a decline in the jobs market putting a major dent in the profitability of the company. Revenue was down 4 per cent to $844.5 million compared to the second half of the 2009 financial year and down 21 per cent on the previous comparative period (1H FY09).
Dell on Thursday reported a drop in profits during the fourth quarter of the company's 2010 fiscal year, but growth in revenue, fueled by strong sales of laptops and servers to the consumer and enterprise markets.
Hewlett-Packard's first-quarter profit increased by 28 percent from a year earlier as growth returned to some of its core businesses, prompting the company to raise its forecast for the fiscal year.
Hewlett-Packard's first-quarter profit increased by 28 percent from a year earlier as growth returned to some of its core businesses, prompting the company to raise its forecast again for the fiscal year.
Despite a strong global health IT market, iSOFT has recorded declines across its revneus, NPAt and EBITDA for the half year to 31 December 2009.
Lenovo's work on mobile phones with Google's Android operating system is focused on its high-end Lephone handset, but the company also wants to reach other price points, a company executive said Thursday.
Thanks largely to the Windows 7 launch, Microsoft on Thursday reported a strong increase in net income and revenue for its second quarter of fiscal 2010.
Motorola's fourth-quarter sales fell 20 percent year-on-year, but the company still made out a small profit, unhampered by the exceptional charges that plunged it into loss a year ago, it reported Thursday. It expects to make a loss in the first quarter, however.
Nokia reported a fourth-quarter profit of €948 million (US$1.3 billion), up 65 percent from a year earlier thanks to improved phone sales.