Telecom finishes first stage of re-engineering programme despite delays
Telecom has spent $70 million in the first stage of a programme to re-engineer and update customer service IT platforms.
Telecom has spent $70 million in the first stage of a programme to re-engineer and update customer service IT platforms.
New Zealand headquartered IT firm Datacom Group has reported net profits before tax of $50.9 million for the year ending 31 March 2013, a rise of 26 per cent over last year’s $40.4 million. Net profit after tax touched $36 million.
SAP reported a 9 percent year-on-year fall in revenue for the fourth quarter of 2009, with net income dropping 12 percent from its record level a year earlier. But the company sees a return to growth and improvements in operating income this year, it said today.
Jade Group has announced operating revenue up 31% for the year ended December 31 on gross revenue of $50.8 million, compared with $42 million in 2007.
Virtualisation vendor VMware reported solid results for its fourth quarter, a sign that businesses were prepared to keep spending on technologies that can give them a fairly quick return on investment.
Citing surprisingly high demand for its processors, Intel has upgraded its third-quarter revenue forecast to a range of US$9.4 billion (NZ$13.5 billion) to US$9.8 billion, from the company’s previous estimate of US$9 billion-US$9.6 billion.
Research in Motion has lowered its previous predictions of how many new BlackBerry subscribers it expects to sign up during both its current third fiscal quarter and the following fourth fiscal quarter. RIM blamed the likely drop-off in new subscribers on delayed launches of the latest BlackBerry handsets, according to a company statement.
Vodafone Group reported an increase in revenue for the six months to September 30, although problems in Japan continued to weigh on its results, the company announced.
Net income up 477% over Q1 last year
Profits of $2 billion on $8.75 billion turnover
Companies pin hopes on economic recovery
Caution over future given fall in consumer confidence