December 6, 2010
Novell muddles through fiscal Q4
The Register
Timothy Prickett Morgan share’s Novell’s Q4 financial results.
“Software maker Novell – which is in the process of selling itself to Attachmate and Microsoft for $2.2B – reported its financial results for its fourth quarter of fiscal 2010 ended October 31. Rather than face a lot of pesky questions from Wall Street analysts, the top brass at the company ducked out and just pumped out a press release. Novell didn’t do too badly in Q4, all things considered, with sales only down 4.2 per cent to $206.5M. Software license sales were $31.3M, down a smidgen from the year-ago quarter. Maintenance and subscription sales were off 4.2 per cent, mirroring license declines, at $153.3M, and services revenues fell by 9.7 per cent to just under $22M.”
Toshiba adds NB520, NB500 to netbook family; includes Harman Kardon speakers
Read Write Web
Rachel King writes about Toshiba’s newest netbooks.
“Toshiba has expanded its netbook offering with the NB520 and the NB500. The NB520 has been spruced up with embedded Harman/Kardon stereo speakers featuring 2 x 2 watts output and Dolby Advanced Audio technology for listening along to an HD video. The NB500, however, is a meant for those looking for a basic netbook for basic computing. It isn’t too shabby being that it will be ‘one of the thinnest and lightest netbooks.’”
IDC: IT spending will shift from hardware to software; 25 billion app downloads in 2011
ZD Net
Larry Dignan shares some of IDC’s spending forecasts for the IT industry next year.
“IDC is projecting global IT spending will be $1.6 trillion in 2011, up 5.7 per cent from 2010. But under the hood there are a few key shifts underway in cloud computing, social software and mobile apps. According to IDC, hardware spending will remain strong, up 7.8 per cent in 2011. However, the focus for the industry will revolve around software spending, which is projected to grow 5.3 per cent in 2011 compared to 2010. In other words, IT spending growth will increasingly depend on software gains. Project based services will be up 3.5 per cent in 2011 and outsourcing will grow at a four per cent clip.”