Incoming Ingram Micro Inc. (NYSE: IM) CEO Alain Monie will have a hard act to follow. Outgoing Ingram CEO Greg Spierkel recently reported the second highest quarterly revenues in the distributor’s long history.
In rhe quarter ending Dec. 31st, worldwide sales grew to $9.95 billion, the highest quarterly sales for the company since the fourth quarter of 2007. This compares with $9.88 billion reported in the fourth quarter of last year.
Worldwide gross profit was $554.3 million (5.57 per cent of total sales), compared with $559.9 million (5.66 per cent of total sales) in the 2010 fourth quarter.
D&H Canada grows again
D&H Canada has signed agreements with six new vendors in the past several months highlighted by Archos, who makes a line of Android and Windows-based tablets. Also new is mobile headset developer Jabra.
According to the distributor, these additions to D&H Canada’s linecard show an overall growth pattern as the distributor continues to become more entrenched in the SMB marketplace, and comes up on its fifth-year anniversary.
In the storage arena, which is recovering after 2011’s Thailand flooding, D&H Canada has added G-Technology’s Mac-based storage solutions and CRU-Dataport’s RAID systems. In addition, D&H will carry Ooma’s VoIP phone solutions, plus Blue Microphones’ audio technology for the recording enthusiast. Blue Microphones claim to have the “ultimate” USB and XLR microphones for professional recording, including portable and desktop models, audio tools and accessories.
Tech Data promotes Quaglia
Tech Data Corp. (NASDAQ:TECD) has appointed Joseph H. Quaglia to president, TDMobility. In this role, Quaglia will lead the strategic direction, operations, and go-to-market execution of TDMobility, the distributor’s new mobility offering. Quaglia is the senior vice-president of U.S. marketing since 2007 and will retain this position in addition to his new role. Quaglia reports to Murray Wright, president, of Tech Data Americas.
TDMobility provides Tech Data’s channel of 60,000 resellers with a platform of wireless services, including hardware, software and mobility solutions, service plans and activations.
Quaglia said this new role role represents an opportunity to serve resellers who until now didn’t have a single, complete solution source to sell and service their end-customer mobility needs.
Arrow numbers
Ingram wasn’t the only distributor to release positive financials this week. Arrow Electronics, Inc. (NYSE:ARW) reported fourth-quarter 2011 net income of $174.1 million on sales of $5.44 billion, compared with net income of $157.9 million on sales of $5.24 billion in the fourth quarter of 2010.
Arrow’s net income for 2011 was $598.8 million on sales of $21.39 billion, compared with net income of $479.6 million on sales of $18.74 billion in 2010. Cash flow from operations for the year ended December 31, 2011 was $121 million.
