It’s 18% lower than it was last year, but it’s still US$9.5 billion in the bank… Per AppleInsider, Apple on Tuesday said second quarter profits fell roughly 18% to US$9.5 billion — or US$10.09 per diluted share — despite record second quarter sales of US$43.6 billion — the first year-over-year decline in earnings for the [...]
Category Archives: Finance
Ladies and gentlemen, Apple’s Q2 2013 results will be released starting at 2PM EST today. Stay tuned to the PowerPage for updated coverage of the press event. In the meantime, prior to worrying about finances, your portfolio and what bills may happen to be due, relax and remember that the Martians from “Sesame Street” were [...]
MSPmentor 501 company Logicalis is reaching out to lend its expertise, business relationships and financial muscle to help other managed service providers grow. The goal is to work with those who have achieved a certain degree of success but have found themselves stuck as they struggle to get to the next level in a fast-moving market. To help these companies achieve an expansion of their businesses, Logicalis has introduced M.E.E.T. or MSP Expert Extension Team. MSPmentor spoke with a couple of Logicalis executives helping to spearhead the initiative, Julie Spiller (pictured), director of IBM Data Center and Cloud Services and Wayne Kiphart (pictured), VP of managed services at Logicalis. Here are the details.
Hope they like Giants baseball and then Michigan basketball tweets tomorrow…
I hear the question from MSPmentor readers all the time: “How much should I charge for my managed services?” Then, I hear about the per user vs. per device pricing debate. But I’m starting to realize something: When it comes to pricing models, MSPs often ask the wrong questions. Want a better guide to MSP pricing? Join our Channel Expert Hour webcast today (April 4) at 11am PT/2pm ET. Based on a recent conversation with our guest speakers — IT Authorities Co-CEOs Jason Caras and Jason Pollner, and CA Technologies VP Peter Harteveld — I think you’ll gain some clear guidance on MSP pricing models. Plus, we’ll take your questions throughout the event.
It’s about that time again. Per The Unofficial Apple Weblog, Apple updated its investor relations page on Monday to reveal that the company will post its earnings results for Q2 2013 on Tuesday, April 23. Per usual, an earnings conference call will follow at 5 p.m ET. Typically, this is where CEO Tim Cook and [...]
Maybe there’s some life left in the old girl… Per AppleInsider, BlackBerry on Thursday said demand for its new flagship Z10 handset helped produce a net income of US$98 million — a minor surprise during a transitional quarter for the previously spiraling company. While the Canadian smartphone maker, formerly known as Research in Motion, surprised [...]
Software-defined networking (SDN) received another vote of confidence today as Intel Capital, Intel’s global investment and M&A organization, invested in Series B funding for Big Switch Networks, a developer of open software-defined networking. In total, Big Switch Networks has received more than $45 million from investors, including Goldman Sachs, Index Ventures, Khosla Ventures, Redpoint Ventures and others.
A turnaround at Computer Sciences Corp. (NYSE: CSC) is showing signs of progress. Although the company’s managed services revenues slipped 3 percent in the most recent quarter, CSC says margins are improving and the company signed $1.4 billion in new managed services business during the period. That’s impressive, considering CSC’s managed services business stumbled badly back in 2011 and has since required extra attention from company leadership.
SolarWinds (NYSE: SWI), which promotes IT management software to MSPs and corporate IT departments, says Q4 revenues jumped 32 percent to $73.5 million. The earnings results, disclosed today, should give managed services providers (MSPs) a fresh shot of confidence as the quest to automate and optimize business systems accelerates. SolarWinds is part of the Talkin’ Cloud Stocks Index. Here’s the update, including insights from CEO Kevin Thompson.