Posts tagged “Dell”
HP on Wednesday reported an increase in revenue for its most recent quarter, ending a streak of 11-straight declines. Surging PC and x86 server revenues helped - two markets where Lenovo either leads the world or hopes to when its $2.3B deal for IBM's x86 business closes. Analyst Jack Narcotta of Technology Business research examines HP's earnings report.
Lenovo may lead the world in PC sales as it has done for going on two years now, but when it comes to PC monitors - well, it's No. 5 and losing market share, according to a new report from research firm IDC.
The early reviews are in, and Lenovo gets good marks for its latest notebooks. Lenovo is offering first two consumer notebooks running Chrome. Meanwhile, a widening selection of Chromebooks signifies the building momentum for Google's attempt to create a compelling alternative to Windows-powered machines and Apple Inc.'s Mac computers.
Worldwide shipments of PCs continue to drop. But the decline in the first quarter of the year wasn't as dramatic as in recent periods, and Lenovo - the No. 1 global sales leader - broadened its market share by 2 full points to 17 percent.
IBM is exploring for a second time in recent months the sale of its server unit. Lenovo is again a suitor, according to Bloomberg news. The Wall Street Journal says Dell is interested.
Even as the global PC industry retracted at a record 10 percent rate in 2013, Lenovo increased sales 6 percent during the last quarter of the year and thus strengthened its hold on the No. 1 computer seller spot. "We continue to outperform the market while steadily improving profit and margin," says CEO Yang Yuanqing.
The Open Invention Network, which works with companies to share patents and technology revolving around open source Linux, is now adding OpenStack cloud technology to its"defensive patent portfolio." Red Hat is a major backer of both OIN and OpenStack.
A German magazine lifted the lid on the operations of the National Security Agency's hacking unit Sunday, reporting that American spies intercept computer deliveries, exploit hardware vulnerabilities, and even hijack Microsoft's internal reporting system to spy on their targets.
Take that, Amazon, IBM and other big "cloud" computing players. Red Hat, the open source Linux software leader, is teaming with now privately held Dell to develop and sell cloud computing solutions based on Red Hat's OpenStack Platform. The two firms have worked together for years on numerous open source solutions.
The PC business is dwindling, leaving Dell out of step with a technology world moving to smartphones and tablets dominated by companies including Apple and Google. This presents Michael Dell and his team a challenging balancing act even outside the pressure of quarterly earnings reports.
Dell founder and Chief Executive Officer Michael Dell has won shareholder approval for a planned $24.9 billion buyout, capping a seven-month standoff with investors and gaining free rein to attempt a turnaround of the struggling personal-computer maker outside the glare of public markets.
Billionaire Carl Icahn gives up his fight to control Dell, saying he continues to oppose founder Michael Dell's $24.9 billion plan to take the company private because it undervalues the computer maker.
When it comes ti keeping profits away from the U.S. Taxman, Cisco and Apple take most of the criticism. But a Bloomberg analysis finds that IBM, which recently laid off thousands of North American workers, and Microsoft are actually keeping the most profits offshore.
Dell Inc. reported fiscal second- quarter sales that topped analysts' estimates ahead of a vote next month on its founder's bid for the computer maker, lending some credence to arguments that the company could recover without a leveraged buyout.