SCM Microsystems warns on first-half sales
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SCM Microsystems Inc. , a maker of smart-card reader technology, said on Tuesday its first-half revenues will be lower than previously thought, citing U.S. government budget freezes, demand in Asia and project delays in Europe.
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Advanced Micro Devices yesterday warned that revenues in the third quarter would be lower than earlier forecasts, echoing a similar statement from Intel last month - its biggest rival in the chip sector.
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Analysts speculate that the software giant will focus on the low end of the market, at least initially.
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SAP aims to have 1,000 customers for its hosted midmarket ERP service, Business ByDesign, before the end of the year. It plans to roll out the service in 20 more countries, including India, in that time.&quot;We will go after the biggest markets first,&quot; said deputy CEO Leo Apotheker. &quot;India is a very important market for a product like&#160;Business ByDesign,&quot; he said.The subscription-based ERP (enterprise resource planning) service launched in September, and is now available in the U.S., France, Germany, the U.K., and China.SAP will launch the service in new countries each quarter. The Indian launch will happen in the second quarter, according to an SAP spokesman.&quot;For the year, we would like to reach 1,000 customers,&quot; said Apotheker. &quot;That&#39;s enough to show we are a true player in this business.&quot;Apotheker declined to say how many seats the 1,000-customer target represents, noting only that Business ByDesign is aimed at customers with between 100 and 700 employees. Business ByDesign costs $149 per user per month in the U.S., with a minimum of 25 users.Business ByDesign is not the only SAP product for small and mid-size companies: there are also Business All-in-One or, for companies with fewer than 100 employees, Business One. Both run on the customer&#39;s own servers.In some regions, the notion of an ERP &quot;service&quot; can be a hard sell for cultural reasons. &quot;China is a market where the pure on-demand model is still viewed with conservatism,&quot; Apotheker said.&quot;Many people have been worried about the potential for cannibalism, but that isn&#39;t happening,&quot; said Apotheker.&quot;Business All in One is very strong, and Business One had a very good year. We grew the number of customers significantly. There are no issues with cannibalization.&quot;With that confidence that it won&#39;t eat its own market share, SAP plans to offer Business ByDesign to smaller subsidiaries of existing Business ByDesign customers, Apotheker said.
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'Shorty' kicks blades out of the data center and onto the floor The mid-market push has definitely been heating up for tech vendors in recent weeks. We've already seen Dell, IBM and Hitachi touting their simplified server and storage lines with SMB-aimed gear, and frankly, we're starting to recite the hard sell for companies with limited budgets and expertise in our sleep.â¦
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Advanced Micro Devices Inc. warned Monday that it was unlikely to meet its first-quarter revenue guidance of $1.6 billion to $1.7 billion, the latest in a series of disappointments for investors in the struggling chip-maker. The company's stock fell to a new 52-week low on the news.
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Motorola is warning that second quarter sales and earnings will be lower than expected.
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CEO faces Wall Street AMD today smacked investors with a sales warning.â¦
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ANNUAL growth in global semiconductor sales will probably fall by half in 2005 and memory chip sales growth could collapse as a supply glut saps prices, Samsung Electronics has warned.
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Circuit City's sales predicament is worrisome -- when will it recover?
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The furniture maker reports a solid Q1, but warns for Q2.
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SAN FRANCISCO -- The number of companies building and designing microprocessors is likely to shrink by approximately 40 percent over the next 10 years, analysts from Gartner Inc. predicted at the research firm's Semiconductor Industry Summit conference here in San Francisco Tuesday.
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Energy firm Centrica warns of tough conditions after higher wholesale prices but says it will meet earnings targets.
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LONDON, September 20  - Samsung Electronics (SSUN.FSE) expects its global semiconductor sales growth to decline below 10% next year, from the estimated 20% for 2004.
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Visteon Corp. VC.N warned on Thursday  that second half results will be well below prior forecasts as  its major customer Ford Motor Co. F.N cuts production, and  steel and fuel costs climb.
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Korean chipmaker expects global sales will halve next year; sales growth could be in single digit. SEOUL  - Growth in global semiconductor sales will probably halve next year and memory chip sales
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Colgate-Palmolive Co. CL.N on Monday  warned that earnings for the second half of the year will fall  short of earlier forecasts due to higher marketing costs.