Industry insider news for Australia's technology resellers
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Qualcomm to cut spending by billions, staff by thousands
Qualcomm plans to cut approximately $1.4 billion in spending to ‘aggressively right-size cost structure’, cut staff, and split its business into two.
Intel revenues down in lead up to Windows 10 launch
Intel’s 2015 second quarter profit fell 3.2% as a result of the slump in PC sales that is impacting the majority of the chip sector.
Bulletproof reaches for the clouds with new record revenue
Bulletproof is on track for FY15 revenue in excess of $28 million – a significant jump from FY14’s $18.3 million revenue.
Google NZ's $371,799 tax on $14.9 million revenue
Google faced a higher tax bill last year, but the $371,799 bill is unlikely to faze the company, which made $14.9 million in recorded revenue.
Imation's ANZ profit doubles
Imation, the global scalable storage and data security company, experienced a decrease in revenue for the year ended December 31 2014.
Lower PC pricing and Chromebooks bite into Acer NZ revenue
Acer New Zealand sees declining revenue - but a reduced loss - as entry level PC and Chromebook popularity bites.
Synnex NZ revenue continues to soar
Synnex New Zealand has continued its bumper revenue growth in its latest financial figures, reporting revenue of $115 million for the 2014 FY.
Red Hat's hybrid cloud offerings in high demand
Red Hat's financial results for the quarter ended May 31 reveals strong revenue growth driven by demand for the vendor's hybrid cloud technologies.
Oracle says cloud is great as earnings plummet
Oracle talks up its cloud business as it reports weaker revenue and earnings. But how much is cloud really contributing to the vendor's bottom line?
IBM NZ takes a financial tumble but holds on to profit
IBM New Zealand took a hit in both revenue and profit last year, despite the financial benefits of the sale of the x86 business to Lenovo.
NetSuite appointment to drive channel activity
NetSuite has appointed Graeme Burt as channel sales director as it looks to drive increased channel activity across the Asia Pacific and Japan.
HP revenue down across the board
HP has announced its 2015 second quarter financial results, revealing revenue was down in all segments of the business.
CommVault reports mixed financials for 2014
N. Robert Hammer says Commvault achieved record full year revenue and operating cash flows in 2015 despite significant foreign exchange headwinds.
Ruckus Wireless reports disappointing revenue for Q1
In the first quarter of 2015 Ruckus Wireless had a reported revenue of $82.1 million, which is an increase from the first quarter of 2014.
Samsung's $12 million payday from Kiwi operations
Samsung took home a profit of $12 million for the first 15 months of operation in New Zealand, according to the company’s first financial statements.
Project delays impacting Hills
Project delays across key sectors and lower Government spending impact Hills earnings.
Dicker Data closing in on AU$1 billion revenue
Dicker Data says it's confident of hitting its $1 billion revenue target this financial year, despite further redundancy costs.
HP NZ reports $16 million loss, despite improving sales
Improved sales couldn’t save HP from another big loss last year as the company clocks up a $16 million loss.
Update: Hotchin settles with Perpetual before appeal to draw into FMA case
Mark Hotchin, principal of failed finance company Hanover, has reached a confidential settlement with one of Hanover's trustees, Perpetual Trust, leav
Hotchin drops Perpetual in appeal case
Mark Hotchin, principal of failed finance company Hanover, has abandoned his appeal against Perpetual Trust to include them in the Financial Markets A
SBS Bank agrees to buy 50% of Staples Rodway Asset Management
SBS Bank, New Zealand's largest building society, has agreed to buy 50 percent of Staples Rodway Asset Management (SRAM) as part of a strategy to bui
Trilogy sees FY profit more than trebling as Aust unit improves, Ecoya makes money
Trilogy International, the skincare products and scented candle maker, says annual profit will more than treble with improved earnings at its Australi
Dicker Data drastically reduces headcount
Dicker Data has cut 110 staff from its combined headcount since acquiring Express Data in April 2014.
Spark 1H profit falls 13% after streamlining operations; outlook still uncertain
Spark New Zealand's first-half profit fell 13 percent after the company formerly called Telecom slimmed down its business, selling assets such as AAPT