Vodafone said today it plans to slash costs by £1.4bn and boost revenue by another £1.1bn - increasing cash flow by £2.5bn by 2008. Speaking in a webcast to investors and analysts, Vodafone CEO Arun Sarin added the company would also cut...
SAP expects the mid-market sector to drive its revenue growth in the next four years, and anticipates a boost from its lineup of new business software this year. Half of the German company's software revenue will come from new products by 2010, CEO...
Net income was $214m for the company's last quarter ending June 30, with revenues up from $1.04bn last year to $1.22bn for the quarter - an increase of 17 per cent. Computer Associates has doubled its services revenue over the last year, according...
Predictions that eBay will grow revenues by nearly 50 per cent on last year sent the company's share price upwards by six per cent. Morgan Stanley is expecting the company's full-year profits to be $1.1bn, up by 40 per cent on the previous year.
CA has begun its first full year under new leadership and a new brand with a healthy results announcement tempered only by warnings the company will narrowly miss Wall Street forecasts next quarter. However, the figures for the third quarter just...
We have a lot of fixed costs and we need about $1bn per quarter in revenue. Christmas is traditionally a key time for e-tailers and often helps boost their sales, as it did for Amazon last year - but again, when asked whether he is expecting a...