DSG computing sales up, profits down
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Downers include laptops, France The increasing popularity of laptops helped deflate margins at DSG international's computing operation, the firm revealed in its full year results today.â¦
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Business software maker Siebel  Systems Inc. SEBL.O on Wednesday reported a quarterly profit,  after a year-earlier net loss, helped by sales of new software.
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SAN FRANCISCO -- Dell Inc., the world's second-largest personal-computer maker, posted fourth-quarter profit and sales that trailed analysts' reduced estimates after the company lost customers to rivals over the holidays.
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Net profits up, per share profits down, share count up.
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Microsoft Corp. MSFT.O, the world's  largest software maker, on Thursday said its quarterly profit  climbed as sales rose, but the company's revenue forecast for  the current quarter fell below Wall Street estimates.
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Chipmaker reports record sales of server and notebook processors, but net income dips.
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Profits warning at DSG Slow adoption of Microsoft Vista has hamstrung profits again at DSG, the retail group that owns PC World.â¦
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FLAT-SCREEN TVs, laptop computers and even fridges and washing machines kept the tills ringing through the summer at PC World-to- Currys electrical retail giant DSG International.
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International Business Machines  Corp. IBM.N on Tuesday posted a quarterly net profit that  beat Wall Street's recently raised target as solid year-end  product sales were buoyed by a weaker U.S. dollar.
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Analog chipmaker National Semiconductor Corp.  posted a lower quarterly profit on Thursday as revenue fell 20 percent, but orders rose from the prior period and its shares climbed.
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(InfoWorld) - Even as PC sales continue double-digit growth, industry revenue is likely to decline 2.5 percent to US$198.5 billion in 2006, according to a forecast released Friday by Gartner Inc. Worldwide PC shipments are scheduled to rise 10.5 percent over last year, reaching 233.7 million units. The disparity comes because PC vendors have been slashing the prices of desktops and notebooks as they hustle to compete with each other. Another force pushing computer prices down is a series of recent price cuts by Intel Corp. and Advanced Micro Devices Inc. on their processors, the most expensive part of a PC. Now, as the holiday sales season approaches, things could get even worse for vendors like Dell Inc. and Hewlett-Packard Co. In additional to wrestling with each other, they will also have to compete with consumer electronics companies, said George Shiffler, a research director at Gartner. Shoppers have a limited number of dollars to spend on electronics. That spells trouble for PC vendors since the price of a low-end desktop is comparable to a smartphone and its accompanying service contract, he said. Flat panel TVs will also compete with PCs, since excess production capacity has lowered LCD (liquid crystal display) prices and producers are expected to cut prices further with aggressive holiday discounts. Even Microsoft Corp.'s impending launch of the new Vista OS will produce only a temporary rise in sales, Shiffler said. The Gartner study echoes weak financial results at Dell, the world's largest PC vendor. Dell blamed cost cutting and weak demand for $14.1 billion in revenue for the quarter ended Aug. 4. That number was up only 5 percent over the same period last year although Dell sold 11.6 percent more computers worldwide, climbing from 8.7 million in the second quarter of 2005 to 9.7 million this year. Looking past 2006, the flood of low-cost PCs will drive brisk sales in emerging markets through 2008, but mature markets like the U.S. will soon slump to single-digit growth, Gartner said.
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The Lenovo Group, the personal computer maker, said its profit rose more than 600 percent in its latest fiscal year as it increased sales and restructured after its acquisition of I.B.M.âs PC unit. Profits were $161 million for the year, up from $22 million in the prior year. The Americas operations returned to profitability in the fourth quarter, meaning that all the global regions were profitable for the first time, the chief executive, William J. Amelio, said. Sales for the year, which ended March 31, rose 9.9 percent, to $14.6 billion, helped by strong sales of laptop and desktop computers in its home China market, Lenovo said. The company said its worldwide market share rose 0.2 percentage points, to 7.4 percent.
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The data storage vendor said second-quarter profit rose to $334.4 million as it recorded double-digit sales gains at its biggest businesses.
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Electronic Data Systems Corp. EDS.N,  the world's second-largest technology services provider, on  Monday posted a higher-than-expected quarterly profit thanks to  cost cutting, but revenue fell and it forecast 2005 earnings  would fall short of Wall Street estimates.
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Computer Sciences Corp. , the fifth-largest U.S. technology services seller, posted quarterly revenue on Wednesday that missed Wall Street expectations, hit by a fall in U.S. commercial-sector sales.
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The company said on Friday that its profit fell on price declines for its mainstay computer memory chips, but expressed confidence a rebound in the market would bolster earnings.
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MANHASSET, NY - Global PC unit shipments for the September 2004 fiscal quarter grew by 9.7 percent over a year ago, below market guidance for 12 percent growth and indicative of a weakening market for desktop PCs, according to market research firm