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Modest increase for EMC

EMC has reported a first quarter 2014 revenue of $5,5-billion, an increase of 2% compared with the same quarter last year. First-quarter GAAP net income attributable to EMC was $392-million and first-quarter GAAP earnings per weighted average diluted share was $0,19....

Record quarter for Apple due to iPhone sales

Apple has announced financial results for its fiscal 2014 second quarter ended 29 March 2014. The company posted quarterly revenue of $45,6-billion and quarterly net profit of $10,2-billion, or $11,62 per diluted share. These results compare to revenue of...

Strong growth for Facebook in Q2

Facebook has reported positive financial results for the quarter ended 31 March 2014. "Facebook's business is strong and growing, and this quarter was a great start to 2014," says Mark Zuckerberg, Facebook founder and CEO. "We've made some long term bets on the future...

New BBBEE codes to be implemented soon

The amended BBBEE Codes are still a major talking point. Despite a short six month delay, implementing the Amended Codes needs to begin as soon as possible, says Keith Levenstein, CEO of BEE advisory firm, EconoBEE. Some years ago when the ICT codes were issued, many...

HDS cloud storage boosts business-defined IT

Hitachi Data Systems Corporation (HDS) has launched new technology to accelerate customer success with business-defined IT – a closer linking of a company’s business and technology objectives that demands a more responsive IT foundation. Dubbed “Continuous Cloud...

Data boom, Mobile Money drive MTN revenues

MTN’s data revenues have increased 43,3% for the first quarter of 2014. The total number of subscribers grew 1,1% from December 2013, while Mobile Money subscribers continued to grow, reaching 16,6-million. MTN Group president and CEO Sifiso Dabengwa comments: “MTN...

VMware sees 14% growth in Q1

VMware has announced financial results for the first quarter of 2014. Revenues for the first quarter were $1,36-billion, an increase of 14% from the first quarter of 2013. Excluding revenues attributable to Pivotal and all divestitures that occurred in 2013, revenues...

Modest increase for EMC

EMC has reported a first quarter 2014 revenue of $5,5-billion, an increase of 2% compared with the same quarter last year. First-quarter GAAP net income attributable to EMC was $392-million and first-quarter GAAP earnings per weighted average diluted share was $0,19....

Record quarter for Apple due to iPhone sales

Apple has announced financial results for its fiscal 2014 second quarter ended 29 March 2014. The company posted quarterly revenue of $45,6-billion and quarterly net profit of $10,2-billion, or $11,62 per diluted share. These results compare to revenue of...

Strong growth for Facebook in Q2

Facebook has reported positive financial results for the quarter ended 31 March 2014. "Facebook's business is strong and growing, and this quarter was a great start to 2014," says Mark Zuckerberg, Facebook founder and CEO. "We've made some long term bets on the future...

New BBBEE codes to be implemented soon

The amended BBBEE Codes are still a major talking point. Despite a short six month delay, implementing the Amended Codes needs to begin as soon as possible, says Keith Levenstein, CEO of BEE advisory firm, EconoBEE. Some years ago when the ICT codes were issued, many...