We expect a seasonal sequential uptick in revenue this quarter," chief financial officer Steve McGowan said recently in a conference call. Sun Microsystems said on Tuesday it's on course to hit revenue targets for this quarter - but the picture's...
The networking gear leader also reported fourth quarter net profit of $982m, on net sales of $4.7bn. Net profit for Cisco's 2003 fiscal year, which ended 26 July, was $3.6bn, on net sales of $18.9bn. That compares with net profit of $1.9bn, on net...
In addition to Gap and Best Buy, it includes Abercrombie & Fitch, Nordstrom, Radio Shack, Britain's Sainsbury's, Tesco in Germany and Sears, Roebuck. The software company specialises in complex business systems for retailers, offering programs that...
CIOs may not be as influential as they think they are, with new research showing a significant gap between how CIOs see their own role in the business and how the CEO and other non-IT execs see CIOs. The main cause of the gap between CEOs and CIOs...
The company expects its loss-making enterprise and personal computer divisions - which are responsible for almost half of the company's revenue - to return to profit next year. Those dependent on the leader frequently make excessive commitment in...
IBM is working on certifying its DB2 database and its WebSphere ebusiness software, added Steve Solazzo, IBM's Linux general manager. The group's product is a major milestone in the effort to steal some of the momentum of market leader Red Hat...