“World PC’n’pad shipments were up seven per cent during Q1 2011, market watcher Canalys said (last Thursday). And, interestingly, seven per cent of the devices counted were tablets. Shipments made during the quarter topped 88.6M units, up from 82.8M in Q1 2010. Some 6.4M tablets shipped during the quarter, higher than the unit increase. It’s hard to conclude, then, that the industry’s growth didn’t come largely from tablets alone.”
Apple more profitable than Microsoft
Jason D. O’Grady provides a brief revenue history of Microsoft and Apple over the past year.
“A few key milestones: May 2010 – Apple passed Microsoft in market capitalization to become the world’s most valuable tech company. MG Siegler notes that Microsofties balked, October 2010 – Apple passed Microsoft in quarterly revenue, January 2011 – Apple became the world’s second most valuable company behind only ExxonMobil (XOM), April 2011 – Apple passed Microsoft in quarterly net income (a.k.a. profit).”
NetSuite delivers solid first quarter, cuts earnings outlook
Larry Dignan shares NetSuite’s first quarter earning results.
“NetSuite reported a solid first quarter and CEO Zach Nelson said that the company’s ‘two-tier ERP’ approach can drive sales going forward. However, NetSuite’s outlook was mixed as it wrestles with currency fluctuations. The on-demand ERP vendor on Thursday reported a first quarter net loss of $7.7M, or 12 cents a share, on revenue of $53.4M, up 21 per cent from a year ago. Non-GAAP earnings were $1.9M, or three cents a share. Wall Street was looking for earnings of three cents a share on revenue of $52.9M.”