EMC has reported a slight increase in revenue last quarter and provided an optimistic forecast for the second half of the year.
The announcement came as it completed the USD $2.1 billion acquisition of data deduplication specialist Data Domain.
Skype’s subscriber base just keeps on climbing, with another 37 million people added in the second quarter – taking the total year-to-date increase to 75 million.
Growing subscribers also means growing revenues and the VoIP company saw Q2 revenue jump 25 per cent year-over-year to USD $170 million.
Palm’s new CEO Jon Rubinstein believes there is sufficient growth in the smartphone market to profitably sustain "three to five players".
He was speaking after announcing "strong and growing" sales of the company’s new Pre handset – with download applications now numbering more than 1 million three weeks after it launched.
VoIP provider Vyke expects to see a strong performance over the rest of 2009 as demand for the technology remains strong despite the global recession.
While the company has announced a wider full-year 2008, which it said is due to acquisitions, it remains confident that the VoIP market is doing well.
As Oracle prepares its USD $7.4bn acquistion of Sun Microsystem, figures have emerged about the server and software maker’s latest quarter losses.
Sun announced on Tuesday that it lost USD $201 million in the three months ended March 29. A year ago, Sun lost USD $34 million.
Its future with parent eBay may be uncertain but that hasn’t prevented Skype from continuing to generate revenue.
eBay’s Q1 financial statements published this week show the VoIP company is still increasing revenue, minutes and users.
iPhone sales have boosted Apple’s quarterly profit by 15 per cent – despite economic woes and a new handset expected later this year.
The company also said co-founder Steve Jobs intends to return from his medical leave as scheduled at the end of June.
Nokia’s first-quarter profit plunged 90 per cent as the Finnish handset maker showed its vulnerabilty to the current economic difficulties.
The world’s leading mobile manufacturer posted a net profit of just EURO €122 million (USD $161m), compared with EURO €1.22 billion (USD $1.58bn) in the year-ago period.
Nokia’s Q1 sales are expected to be down when accounced tomorrow – despite the success of its 5800 XpressMusic smartphone launched last year.
Analysts estimate 2.5 million 5800s may have been sold in the first three months of the year – helped by repeated sell-outs in the UK and roll-outs into new markets.
Vyke has appointed Kim Berknov as chief executive, effective from April 1.
The announcement came as the VoIP service provider forecast it will meet market expectations for 2009.