Tag Archives: Revenue

AMD forecasts first revenue drop in seven quarters, shares plummet

(Reuters) – Advanced Micro Devices Inc on Tuesday flagged competitive pressures with a forecast that pointed to the first revenue drop in seven quarters, sending the chipmaker’s shares plunging 11 percent in after-hours trading. FILE PHOTO: AMD Opteron 6000 series … Continue reading

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IDG Contributor Network: Xero breaks through its glass ceiling: customers, revenue and cashflow

It’s fair to say that no one has been covering Xero longer than I have. I first talked to its co-founder and CEO, Rod Drury, long before the company launched a product. Trawling back through my emails and I discovered … Continue reading

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IDG Contributor Network: The wrap: Ubuntu 16.04 comes to Windows 10, Galaxy S8 announced, Red Hat reports 2017 revenue

Windows 10 users will soon be getting the Creators Update, which brings many new capabilities to users who want to run Linux command line utilities in Windows 10 through its Windows Subsystem for Linux (WSL). Those who are trying WSL … Continue reading

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AWS quarterly revenue continues to rise, but growth slows

The rocketship of cloud growth continued at the end of 2016 for Amazon Web Services. The public cloud provider announced Thursday that it brought in a little more than $ 3.5 billion during the fourth quarter of last year, up 47 … Continue reading

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IDG Contributor Network: Red Hat expected to rake in $2.4 billion in revenue this year

The king of Linux, Red Hat, continues its growth as a leading Linux vendor that’s betting big on the cloud. Yesterday, the company announced financial results for its second quarter of fiscal year 2017 ended August 31, 2016. The company … Continue reading

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IBM’s cloud and data analytics grow as overall revenue slides

IBM’s revenue continued to decline in the second quarter but growth in some of its strategic initiatives like cloud computing and data analytics suggest that the company may be on track in its transition plans. The Armonk, New York, company … Continue reading

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Intel refocusing itself, and its revenue stream, on cloud

With Intel looking to lock in on the next big thing and cloud continuing to grow in importance, it makes sense for the chip maker to seize on cloud computing as a way to transform itself. That’s the word coming … Continue reading

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Microsoft’s revenue falls, but cloud remains a bright spot

Microsoft is betting on reinventing itself as a cloud company, and the financial results it released Thursday show that its push is paying off despite an overall decline in revenue.  Azure revenue rose 127 percent from a year earlier, and … Continue reading

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Microsoft’s revenue falls, but cloud remains a bright spot

Microsoft is betting on reinventing itself as a cloud company, and the financial results it released Thursday show that its push is paying off despite an overall decline in revenue.  Azure revenue rose 127 percent from a year earlier, and … Continue reading

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SAP sees cloud, support revenue overtaking software in 2018

German business software maker SAP expects its revenue from cloud subscriptions and support to be higher than its revenue from software licenses in 2018, reflecting an industry trend. This would be a dramatic shift for a company, which earlier had … Continue reading

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Cloud growth buoys Microsoft while revenue shrinks

Microsoft’s cloud successes buoyed the company through its last quarter, which was otherwise a mixed financial bag. Revenue fell more than 12 percent from a year earlier to $ 20.4 billion, though profit grew almost 2 percent to $ 4.62 … Continue reading

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SaaS heats up in revenue and hiring

Things are looking up for small and midsize software and SaaS companies, both financially and in job growth, according to a newly released report. The Software and SaaS Industry Report and Benchmarks 2015, compiled by benchmark services company Opexengine and … Continue reading

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Amazon Posts Fourth-Quarter Profit As CloudComputing Revenue Climbs

Amazon Posts Fourth-Quarter Profit As Cloud–Computing Revenue Climbs Amazon doesn't break out its cloud-computing revenue, but it lumps it into a category called “other.” That category was Amazon's fastest growing segment in the fourth quarter, climbing 41 percent. One of … Continue reading

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OpenStack Revenue Expected to Hit $3.3 Billion by 2018

New York (PRWEB) September 09, 2014 The OpenStack technology market, which is still in its nascent stage, will grow from $ 883 million in revenue in 2014 to $ 3.3 billion in 2018, as enterprises and vendors increasingly adopt the … Continue reading

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