Dell reports strong third quarter due to server demand
Dell Technologies posted a sharp increase in operating income in its third fiscal quarter. High demand for server and networking equipment compensated for lower PC sales.
The organization noted an impressive operating income of €1.75 billion ($1.8 billion) in its most recent quarterly report, ... Read more
Datadog posts quarterly revenue growth of 61 percent
Datadog posted revenue of $437 million in its latest quarter, up 61 percent from the same period last year.
The revenue exceeded analyst expectations of $412 million. CEO Olivier Pomel said the sales resulted from strong product adoption and opportunities among new customers.
Datadog witness... Read more
Fortinet posts revenue growth of 30 percent
Fortinet posted a 33 percent revenue increase in the third quarter. Sales totalled €1.17 billion ($1.15 billion). Both products and services grew.
Fortinet presented revenue of €1.17 billion in the third quarterly report of 2022. In the same quarter last year, revenue was still at $887 mill... Read more
AMD sells more datacenter processors in third quarter
AMD's sales increased to €5.6 billion in the third quarter of this year. The revenue of embedded, gaming and datacenter processors rose sharply. Like Intel, AMD sold fewer processors in the PC segment.
AMD's sales grew to €5.6 billion in the third quarter of 2022, up 29 percent from the sam... Read more
NXP records strong revenue growth in third quarter
The Netherlands-based chip manufacturer NXP posted revenue of about €3.5 billion ($3.45 billion) in the third quarter of this year.
NXP achieved 20 percent more revenue than in the same period last year. The growth follows a great quarter in the automotive industry.
Revenue in the automotiv... Read more
ASML revenue increases to €5.8 billion
ASML managed to achieve substantial revenue growth in the third quarter of 2022. Its revenue of €5.8 billion exceeded analyst expectations. The chip machine manufacturer expects even higher sales figures in the fourth quarter of 2022.
The positive quarterly results are a bright spot in the dow... Read more
PC and laptop sales plunge while Apple is up
Sales of PCs and laptops continue to decline worldwide, according to researchers from IDC in a report on the third quarter of 2022. Contrary to the trend, Apple recorded sales growth in the latest quarter.
The global PC and laptop market has been struggling with declining sales for some time. I... Read more