19th July 2005 Archive

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IBM evens the keel in Q2

No layoffs this time

IBM's workers may be safe for another 90 days after the company met its targets for its second quarter. IBM's revenue for the period hit $22.3bn - a 4 per cent drop from the $23.1bn reported in the same quarter last year. IBM's net income proved more impressive, jumping to $1.82bn from $1.74bn in 2004. These income totals …

IT Channel 19 Jul 2005, 04:45
PC sales saved by Asia, Latin America

Lower prices attract first-time buyers

PC sales showed much better growth in the second quarter of 2005 than expected, according to figures from IDC and Gartner. IDC estimates PC sales grew 16.6 per cent in the second quarter. Gartner put the figure slightly lower at 14.8 per cent. Growth worldwide was greater than expected - back in May IDC predicted growth of 12.3 …

IT Channel 19 Jul 2005, 08:44
Cornice readies 4GB 1in HDD

Names new CEO too

Cornice, the specialist in compact hard disk drives, will begin shipping a 4GB micro-drive later this month, the company said yesterday. It also announced the appointment of a new CEO. The 1in, 4GB Storage Element (SE) is Cornice's first release after resolving its legal battle with Seagate - a fight that saw it agree not to …

PC Builder 19 Jul 2005, 09:15
SDK claims world first for perpendicular HDD production

Punching out 40GB, 1.8in platters

Japan's Showa Denko KK (SDK) has become the first manufacturer in the world to put a hard drive using the perpendicular recording technique into mass production, the company claimed today. The 1.89in platter is pitched at small, mobile devices and offers a storage capacity of 40GB, double the capacity of a platter using the …

PC Builder 19 Jul 2005, 09:44
Systems Union trading in line with expectations

Etcetera

Systems Union Group has updated the Stock Exchange ahead of its results statement in mid-August. Revenues and operating profits are in line with market expectations and its new customers and sales pipeline is ahead of last year. The board intends to pay a dividend of 0.75p per share.® Related stories Microsoft Business …

IT Channel 19 Jul 2005, 10:45
Emperor Hurd decimates HP

Support and benefits to suffer

HP today bowed to the will of Wall Street and revealed plans to decimate its workforce by 14,500 people - a figure no doubt thought more palatable than 15,000. Employees around the globe will be affected by the move with most of the cuts hitting support staffers. Those working in HP's sales and research and development …

IT Channel 19 Jul 2005, 12:22
Search Wars - the Empire strikes back

Update Microsoft takes Google to court

Microsoft is moving to slap a gagging order on an ex-vice president hired by Google, ostensibly to protect trade secrets. Microsoft has filed a suit against Google and former vice president of Natural Interactive Services Division (NISD) Dr. Kai-Fu Lee, who has been recruited by Google to head-up the company’s new R&D …

Software & Security 19 Jul 2005, 17:26