Recent Articles
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MSPs Take Dells Direct Managed Services Move in Stride
Although the pricing and customer targets of Dell’s new direct managed services offering go to the heart of MSP competitive offerings in the New York market, managed service providers there took the news in stride. Dell’s offering targets businesses with from five to hundreds of employees, according to Dell, and pricing falls into three tiers—Alerts…
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Oracle Profit Beats Expectations as Margins Rise
By Jim Finkle BOSTON (Reuters) – Oracle Corp (ORCL), the world’s No. 3 software maker, posted stronger-than-expected quarterly profit as operating margins hit their highest level ever for the period, sending its shares up 6 percent. The company also reported a 14 percent rise in sales of new software licenses and gave an outlook for…
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Toshiba Sees H1 Loss on Chips, Slashes Outlook
By Mayumi Negishi TOKYO, Sept 19 (Reuters) – Japan’s Toshiba Corp (6502.T) said it now expects to post an operating loss in the first half and slashed its full-year forecast to below market expectations due to a weak semiconductor market. The microchip industry is beset by falling prices and excess capacity. Sliding prices in NAND…
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Wachovia Downgrades IT Offshore Outsourcing Sector
Sept 19 (Reuters) – Wachovia Capital Markets downgraded IT offshore outsourcing sector to "market weight" from "overweight," citing the recent chaos among major financial service providers. Financial service providers — a key source of business for the IT offshore outsourcing sector — is expected to cut back further on IT spending in 2008 and 2009,…
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Acer Expects Stronger PC Sales to Boost 08 Revenue
By Baker Li TAIPEI, Sept 19 (Reuters) – Taiwan’s Acer (2353.TW), the world’s No.3 PC vendor, expects stronger PC sales to boost revenue "very close" to $20 billion this year, above market expectations and up about 40 percent from last year. Acer Inc Chief Executive Officer and President Gianfranco Lanci issued the forecasts on Friday…
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Wall Street Meltdown: This Can`t Be Good for Solution Providers
Whew, did you see that!? It was hard to miss. The world pretty much shook in the wake of the Wall Street meltdown earlier this week. It’s scary to think the people who are supposed to watch your money can’t keep their own companies solvent. Unfortunately, the punishment for this ineptitude is going to affect…