Blue Chip Quarterly Reports
From the middle of October I have been looking at the reports of the technological blue chips - an amusing sight by now. AMD - 22% drop in revenue compared to last year's third quarter and $ 128 million in losses. Intel - 8% drop in net income, but the net profit is almost at the same level as last year, and compared to the catastrophic Q1-Q2 2009, you can say, it is getting out. Pupils-students helped, begged their parents for laptops for the school year.
Google has an expected rise: 7% in terms of revenue against the backdrop of a massive flow of advertising budgets from print to the Internet and an increase in the number of advertisements per page, a 27% increase in profits. A very convenient business model - we produce and sell ourselves (67% of revenue comes from Google’s own websites), the costs are mainly for staff and the technological base for developing / supporting services; if the staff is slightly reduced, we feed not only with delicacies and do not build new data centers yet, then a small increase in income gives a multiplying effect on the margin. Let's see how long this model can be exploited.
Who surprised was IBM. The company works in a sector that is now pressing almost more than the European and American physicists badly hurt by the crisis. Well, well, there are a million servers in the civilized world that need to be replaced by the mind, but after a revision of budgets by the financial director, the IT manager goes and acts like “well, Vassenka, well, a little more”. The same with heavy software is necessary, but you have to be patient. IBM's closest competitors are revealing results - HP has a 19% drop in profits, Sun last quarterly report refused to comment at all.
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Like everyone else in this market, IBM’s revenue declines — by 7% in the third quarter compared to Q3 2008. At the same time, the iron divisions are pulling down, and the software and services work like a steam locomotive: WebSphere sales grew by 14%, Tivoli - by 5 %, Rational - by 2%, the Information Management division managed to stay at last year’s level and only Lotus slid.
But the most interesting thing is not this, but the fact that the net profit of the company, despite a noticeable drop in revenues, is nonetheless growing - by quite decent 14%. Which clearly indicates adequate control, which in such a colossus seems rather surprising.
The recession, one might say, has not yet begun, and it is very interesting to look at the first stages of corporate adaptation to it. Ahead reports from Microsoft, SAP, HP. Let's see who will survive.
PS Is there really no IT business blog on Habré?
Google has an expected rise: 7% in terms of revenue against the backdrop of a massive flow of advertising budgets from print to the Internet and an increase in the number of advertisements per page, a 27% increase in profits. A very convenient business model - we produce and sell ourselves (67% of revenue comes from Google’s own websites), the costs are mainly for staff and the technological base for developing / supporting services; if the staff is slightly reduced, we feed not only with delicacies and do not build new data centers yet, then a small increase in income gives a multiplying effect on the margin. Let's see how long this model can be exploited.
Who surprised was IBM. The company works in a sector that is now pressing almost more than the European and American physicists badly hurt by the crisis. Well, well, there are a million servers in the civilized world that need to be replaced by the mind, but after a revision of budgets by the financial director, the IT manager goes and acts like “well, Vassenka, well, a little more”. The same with heavy software is necessary, but you have to be patient. IBM's closest competitors are revealing results - HP has a 19% drop in profits, Sun last quarterly report refused to comment at all.
')
Like everyone else in this market, IBM’s revenue declines — by 7% in the third quarter compared to Q3 2008. At the same time, the iron divisions are pulling down, and the software and services work like a steam locomotive: WebSphere sales grew by 14%, Tivoli - by 5 %, Rational - by 2%, the Information Management division managed to stay at last year’s level and only Lotus slid.
But the most interesting thing is not this, but the fact that the net profit of the company, despite a noticeable drop in revenues, is nonetheless growing - by quite decent 14%. Which clearly indicates adequate control, which in such a colossus seems rather surprising.
The recession, one might say, has not yet begun, and it is very interesting to look at the first stages of corporate adaptation to it. Ahead reports from Microsoft, SAP, HP. Let's see who will survive.
PS Is there really no IT business blog on Habré?
Source: https://habr.com/ru/post/72953/
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