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Hardware torpedoes IBM's Q4 revenue
2014-01-22 01:27:08| InfoWorld: Top News
Still hampered by slow hardware sales, IBM reported a 5.5 percent decline in revenue for the fourth quarter, even as it managed to post a 6 percent gain in net income. Because of the sluggish revenue, IBM senior management will forgo their bonuses, or "personal annual incentive payments," for the year, said Ginni Rometty, IBM chairman, president and CEO, in a statement.
Tags: hardware
revenue
ibms
torpedoes
Texas Instruments sees higher fourth-quarter profits and revenue, cuts 1,100 jobs
2014-01-22 00:36:07| Semiconductors - Topix.net
Texas Instruments Inc. said today that it nearly doubled its profits and posted slightly higher revenue for the fourth quarter, but it also plans to lay off about 1,100 workers.
Tags: jobs
higher
instruments
texas
Schlumberger Details Full-Year 2013, 4Q 2013 Revenue
2014-01-21 17:58:00| OGI
Schlumberger Ltd. detailed $45.27 billion in revenue for full-year 2013 on Jan. 17.
Tags: details
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Verizon revenue climbs on strong mobile growth
2014-01-21 15:58:10| Telecom - Topix.net
Verizon Communications Inc reported on Tuesday its quarterly revenue grew 3.4 percent, slightly faster than analysts estimated, as it added more subscribers than expected at its Verizon Wireless venture with Vodafone Group Plc.
Tags: mobile
strong
growth
revenue
SAP expects revenue of $30 billion by 2017, driven by cloud
2014-01-21 14:05:52| InfoWorld: Top News
SAP plans to increase its total revenue to at least 22 billion ($30 billion), with revenue from its cloud business expected to grow up to 3.5 billion by 2017. The business software maker reported Tuesday that total revenue for 2013 was 16.8 billion, up 4 percent from the previous year, with revenue from its HANA in-memory database up 69 percent at constant currencies to 664 million, from its 3,000 HANA customers.
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