The current worldwide outlook for sales of PCs look bright, with an exceptional fourth quarter last year followed by year-on-year growth in shipments of 27.1 percent in the first quarter of this year, and forecasts by IDC of further recovery in the market after the global economic downturn.
IDC says the smartphone market & is in high-growth mode again,& with a growth rate more than double that of the overall phone market. Outpacing even the fourth quarter of 2009, 1Q 2010 shipments reached 54.7 million units, up 56.7 percent year-over-year, the market research firm says....
The Asia Pacific PC market is forecast to grow 20.3 percent this year to reach 114.6 million unit shipments, with spending on PCs in the region tipped to grow by 12.4 percent compared to a meagre 2.9 percent in 2009 due to a sharper decline in average selling prices for PCs last year.
Red Hat has by all measures hit the big time, providing validation of the open source business model that even the harshest critics will have a hard time brushing aside. In its fourth quarter, Red Hat's revenue reached $245 million, up 25 percent from last year. The Linux distribution vendor's fourth quarter subscription revenue was $209 million, up 24 percent from the previous year.
The Asia Pacific server market remained healthy throughout the second quarter of 2011, with year-on-year shipment growth of 25.6 percent and revenue up 26.1 percent compared to the same quarter last year. APAC had the strongest increase in server shipments, with the focus firmly on the Chinese market.
California saw about $91.1 billion worth of mergers and acquisitions last year, the strongest level seen since 2009, according to Mergermarket. The fourth quarter saw a 10.4 percent increase over the third quarter and about a 25 percent increase over the same time a year earlier.
Veteran streaming radio platform Pandora released its fourth quarter earnings today, in which it saw its fiscal 2013 revenue of $427.1 million, representing a 56 percent year-over-year increase, and fourth quarter revenue of $125.1 million, an increase of 54 percent year-over-year. In turn, mobile revenue for the fourth quarter grew 111 percent year-over-year to $80.3 million.
Last quarter, Amazon, which has been a freight train and Wall Street darling over the last year, surprised analysts by reporting lower-than-expected earnings.
Apple’s lead in the tablet market took its first serious dent in Q3, according to estimates from analyst IDC, based on tablet shipments (rather than sales).
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