Dell reported 11% revenue growth year over year from its server and networking business for the third quarter. The growth was driven by sales of its 12-generation PowerEdge servers, hyper-scale infrastructure solutions and sales to customers building cloud solutions.
Michael Dell, the company’s CEO, said Dell was continuing to execute its strategy to sell end-to-end IT solutions and highlighted the recent acquisition of IT management software company Quest Software.
“In the quarter, we completed the acquisition of Quest Software, which – along with other recent acquisitions like SonicWALL and Wyse – adds leading management, security, virtualization and cloud capabilities to our expanding portfolio of powerful solutions,” he said.
Unlike server sales, the company’s overall revenue dropped 11% year over year, reaching $13.7bn for the quarter. Its earnings per share was $0.27, down 45% from the third quarter of 2011.
NetApp touts Data OnTap and FlexPod sales as income falls
NetApp reported results for the second quarter of its fiscal year 2013, which ended toward the end of October. The storage vendor’s revenue for the quarter was US$1.54bn, up from about $1.50bn from the same period one year ago.
The company’s president and CEO Tom Georgens said there was strong uptake of its Data OnTap 8 operating system and clustered Data OnTap storage systems. “"We also saw momentum in our partnering strategy with continued FlexPod growth and a record high revenue contribution from Arrow and Avnet,” he said.
NetApp’s net income for the quarter was $110m, or $0.30 per share, down from $166m or $0.44 per share the company reported for the second quarter of fiscal 2012.
Cisco preparing for the ‘Internet of Everything’
Cisco completed the first quarter of its fiscal year 2013, reporting $11.9bn in revenue, up 5.5% year over year. The company’s net income grew from $1.8bn in the first quarter of fiscal 2012 to $2.1bn, or $0.39 in earnings per share (an 18% jump).
John Chambers, Cisco chairman and CEO, said growth in revenue and earnings demonstrated that the company’s vision and strategy were working. “Our innovation engine, operational discipline and on-going evolution are enabling us to differentiate in the market.”
Still, the company is looking forward to capitalizing on the largest market transition which is still ahead, according to its CEO. The transition is the “Internet of Everything”, which means an Internet that interconnects not only people but most devices people use.
“The Internet of Everything will create unprecedented possibilities for businesses, individuals and countries, and Cisco is poised to lead and fully maximize the opportunities of this evolution,” Chambers said.