IBM reported 4% profit increase
The American company IBM easily topped forecasts results in the fourth quarter of 2011. This contributed to higher revenues from sales of software and services. The IBM's profit for the period was 5.49 billion EUR, or 4.62 USD per share. This represents an increase of 4 per cent achieved for the same period last year, 5.26 billion USD or 4.25 USD per share. Removing one-off effects earnings per share is 4.71 USD. This is 10 cents above the consensus forecast of analysts polled by FactSet. But they were expecting revenue of 29.7 billion dollars, and the real result of the company is 29.49 billion USD, an increase of 2% annually. According to the analysts, the negative impact on profits of IBM played a depreciation of the EUR against the USD. The reason is that Europe has an important stake in the company's sales and progress on the continent result must be recalculated in dollars to take profit of the company. The division of Systems and Technologies has recorded a drop in revenue of 8 percent in the fourth quarter. It falls within the production of hardware over the past few quarters say it came from increased revenue.
In software there is an increase in revenues of 9 percent, with most key products was improved. Technology and business services also recorded improved results, as their revenues increased by 3 per cent. The main markets where the company set for growth are Brazil, Russia, India and China, where in the elimination of exchange costs have revenue growth of 7-8 percent.
AMD repored loss despite increased revenues
The chip maker Advanced Micro Devices (AMD) announced disappointing results for last quarter of 2011. During the period the company has taken a loss, while revenue grew less than expected. Losing the American company for the period amounted to 177 million USD, or 24 cents a share. In the last quarter of 2010 was achieved profit of 375 million USD, or 50 cents a share. When you remove some one-off effects AMD recorded a profit of 19 cents per share. The AMD's revenue increased slightly - from 1.65 billion USD to 1.69 billion USD.
The expectations of analysts was for earnings after removing one-off effects of 16 cents per share and revenue of 1.72 billion USD. On an annual basis was reported 2 percent revenue growth from major computer components. However, it is removed from the decrease of 5 per cent, which has recorded unit sales of graphics cards. For this quarter, AMD expects the management of decline in revenue within 3 to 8 per cent this quarter. This means that they will amount to between 1.5 and 1.61 billion USD. Consensus forecast of analysts is the company's revenue to 1.59 billion USD. After publication of the report of AMD shares dropped 2.8 percent to 6.35 USD per share.
Intel reported high revenue increase in 2011
The largest chipmaker in the world - the U.S. company Intel, announced 6% profit growth in the fourth quarter of 2011. The results of the company surpassed analysts' expectations despite the difficult challenges that floods in Thailand set to produce computers. For the fourth quarter 2011 profit of Intel amounted to 3.36 billion USD, or 64 cents a share. A year earlier, the positive result was 3.18 billion USD, or 56 cents a share. With the exclusion of certain one-off effects related to acquisitions, the profits of Intel e 68 cents, well above analysts' expectations for 61 cents a share.
The revenues of the giant rose 21 percent annually over the period to 13.9 billion USD, as expectations were for 13.7 billion USD. For all of 2011 Intel achieved revenue growth of 24% annually, for the first time in history the company has crossed the 50 billion USD. For the exclusion of results from the acquisition of McAfee and division of Infineon for the production of chips for mobile phones Intel revenue would increase by 15% over 2010. The estimates for the first quarter of 2012 are that it will achieve revenue of between 12.3 and 13.3 billion USD.
Samsung surprised with strong profit increase
The electronics giant Samsung cemented its position as market leader in smartphones with unexpectedly good financial results. On Friday, the Korean company said its outlook for the fourth quarter, exceeding analysts' expectations in terms of profit, and with regard to sales revenue. The leading driver of profit growth in the amount of 73% over the previous year were a record high sales of mobile phones, as concern has sold 35 million devices. So in this segment significantly ahead of Samsung American rival Apple and remains the largest technology concern in the world with regard to income. Between October and December Samsung expects operating profit of 5.2 billion won (about 3.5 billion), while analysts polled by Reuters had expected 4.7 billion won. This may be the highest profit in the history of the concern. Revenues are expected to be around 31 billion euros and thus also significantly surpassed expectations. In late January, Samsung will present its detailed financial data. The experts had expected really strong performance. In fact, Samsung is struggling with weak market for memory chips, where the company is also a world leader. But customers were convinced of smartphones Koreans. Here, competitors such as HTC, Nokia and Research in Motion has not fared with their latest devices.
HTC reported 26% profit decrease
The Taiwanese smartphone maker HTC reported on the first drop in profit in two years. Between October and December 2011 the company reported a decrease in financial results by 26% to 364 million dollars in a decrease of 2.5% in revenue to 3.35 billion dollars. The negative results were expected and already in November 2011 HTC said it would cut its forecast for earnings of 23% to 3.4 billion dollars. In November Taiwanese reported 20% drop in revenue over the same month of 2010. The reason for the reduced expectations Wall Street Journal named the increasing competition in the smartphone and the uncertain future of the global economy. HTC itself has not commented on the data. It turns out that the adjustment was justified, and the proceeds are slightly less than forecast - 3.35 billion dollars.
"HTC does not have the same brilliance behind the design and marketing from Samsung, but meanwhile, refuses to offer low-end phones that are popular in China," said an analyst at Yuanta Securities Co. However, the company is confident that the situation is not so "serious" and hopes that its new proposals in 2012 will return to consumer confidence. In February, HTC will introduce smartphones and tablets with quad processors and next week is likely to have other interesting devices at CES in Las Vegas.
Oracle reported profit decrease
The technology concern Oracle reported in the second quarter of fiscal 2012 (to 30th November) modest revenue growth. They have risen only 2% to 8.8 billion dollars (6.7 billion), the company says the reason is the weak development of the hardware division. Its reported revenue decline of 14% to 953 million dollars. However, net profit rose by 17% to 2.2 billion dollars (1.7 billion) and earnings per share jumped by 6% to 0.54 dollars per share. The profit and revenue, however, remained below expectations of analysts who predicted a profit of 0.57 dollars per share on revenue of 9.23 billion dollars. Because this rate the shares of Oracle in additional trading hours after the session is dropped 9% to 26.56 dollars. Revenues from new software licenses between September and November were up only 2% to $ 2 billion. Updates of licenses and maintenance have contributed to the $ 4 billion to the total score, an increase of 8%. Currency fluctuations had a negative impact on results. According to Chief Financial Officer Safra Catz blamed for slow growth in new licenses are problems in the distribution. In late November, many contracts have been confirmed until the last minute. "To not happen over this, improved Distribution Management," she added.
Profit of Research In Motion dropped with 71% in Q3 2011
The Revenues of the Canadian technology manufacturer Research In Motion in the third quarter of fiscal year (until 26 November) reported a decline of 6% to 5.169 billion dollars (3.9 billion) from the previous quarter. However, profit slump by as much as 71% and amounted to only 265 million dollars (201 million), or 0.51 dollars per share. The reason for this poor result, according to company's loss of nearly $ 500 million, the manufacturer of BlackBerry suffer because of weak sales of tablet PlayBook, and 54 million dollars compensation paid to victims in the interruption of messaging services in October. Thus the results of the RIM in the quarter disappointed analysts. In a Reuters poll they expected a profit of 1.19 dollars per share on revenue of 5.27 billion dollars. Between August and November were delivered 14.1 million the number of BlackBerry, which is 33% growth the previous quarter. Three months ago the company spoke forcefully on the sales of its latest generation of Blackberry, as well as the new top model Bold 9900. Analysts expressed doubts, however, is clearly justified. During the quarter the company has sold 150 000 tablets PlayBook. RIM recently tried to gain new customers with massive discounts. One of the two CEOs Mike Lazaridis said that the concessions already showed first results. He also reassure investors and customers that the company will remain on the tablet market. The number of Blackberry subscribers last quarter jumped 35% to 75 million positive development was explained by the strong exchange rate of expansion abroad. How many new customers were won outside North America, however, is not yet clear.
Dell revenues stagnated
The results of the U.S. technology company Dell's third quarter missed analysts' expectations. In addition, management warned that the planned annual targets may not be achieved due to a shortage of hard disks. For the third quarter, Dell realized revenue of 15.36 billion USD, or , which coincides with what was achieved during the same period last year. Profits do amount to 893 million USD, or , or 49 cents per share for 822 million USD, or 42 cents per share a year ago. With the exclusion of certain one-off effects of the Dell profit was 54 cents a share, above analysts' expectations for 47 cents a share. Revenue projections were for 15.65 billion dollars. The unclear economic situation and the shortage of hard drives, which is a problem throughout the industry, driving the company's management expects results for fiscal 2012 to be in the lower range of the underlying estimates. This means that the expected revenue growth of between 1 and 5 per cent. Currently a major concern in the technology sector are floods in Thailand. Because these key manufacturers of hard drives have stopped production, which threatens the presentation of numerous companies. The Dell's revenue from sales of PCs fell by 6 percent to 3.4 billion USD, or . With so fell and sales to private customers. In public customers has decreased by 2 percent annually to 4.2 billion USD, or .
EBay with 32% increase of the incomes for Q3 2011
EBay announced excellent financial results for the third quarter. The company's revenues have increased by 32% to 2.97 billion USD in expected 2.9 billion USD. For the same period of last year, the corporation reported 2.25 billion USD, recalled yesterday. The profit on EBay even increased by 14%, which coincides with analysts' expectations. The pioneer in e-commerce reported net profit of 491 million USD per quarter, or 37 cents per share. In comparison, for the period July to September 2010 was registered a net profit of 432 million dollars, or 33 cents per share. In the fourth quarter EBay expects revenue in the range of 3.2 to 3.35 billion dollars, and for the entire 2011 - from 11.5 to 11.6 billion USD.
PayPal, which is owned by EBay, ended the quarter with 103 million active users of registrations, an increase of 14% annually. The company's revenues have increased by 32% annually for the three months to the end of September. The volume of net payments through the system also registers the annual increase in the third quarter - from 31% to 29.3 billion USD.
Yahoo reported 26% profit decrease in Q3 2011
Yahoo reported third-quarter profit of 23 cents per share (taking into account the potential effect of dilution), which exceeded analysts' expectations for earnings of 17 cents. The results go against the whole range of fundamental strategic decisions facing the company. However, Yahoo's earnings diluted share decreased by 21% compared with same period last year when it reached 29 cents. The net profit for the period fell 26% to 293 million USD from 396 million a year earlier. The company's revenues without the cost of acquiring traffic reached 1.07 billion USD and match analysts forecast a decline of 5% annually - the same as in the second quarter. Yahoo attributed the decline to deal with Microsoft. The company's revenues, according to state accounting rules (GAAP) decreased by 24% to 1.217 billion USD from 1.6 billion USD an year ago. After the announcement of the results of Yahoo shares rose 3.3 percent, although the financial results coincided completely with the expectations of investors. The Yahoo's profits, however, can not compensate for the lack of clarity about the future of the company that is experiencing a heavy period after the dismissal of Carol Bartts from the post of CEO in September. Currently the company is in search of a successor. There are still rumors that Microsoft will try to acquire a concern. The software giant has already proposed some years ago 47.5 billion USD for search engine operators, but then the offer was rejected.
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