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ibm shows positive revenue growth for first time in six years


back in october, ibm issued a third-quarter earnings report that, despite a slip in revenue, still exceeded wall street analysts' estimates, suggesting that the venerable it giant may be returning to revenue growth after five-and-half years of flat results and declines.on jan. 18, that suggestion looked even more prescient. in its q4 earnings report, big blue showed positive revenue for the first time in 23 quarters and may have previewed continued growth well into the new year.the last time ibm reported revenue growth from a prior year was in q1 2012, which was ginni rometty's first as ceo.  despite the good overall news, the stock fell as much as 4.8 percent to $161 in extended trading.further readingrevenue rose 3.6 percent to $22.54 billion from a year ago, compared to the analysts’ av






apple’s revenues in china are growing again


apple’s blockbuster q4 pushed the company’s valuation to $900 billion, but it also saw the firm return to growth in key market china following a challenging past couple of years.analysts already reported that apple saw shipment growth in china during the last quarter with a 41 percent increase, but now the company’s latest financial report confirmed that revenue was up, too. total sales in greater china — the region that apple defines as china, hong kong, singapore and taiwan — grew by 12 percent year-on-year to $9.8 billion. that figure was up 22 percent quarter-on-quarter.an increase in iphone sales thanks to the newly-released iphone 8, ceo tim cook told investors in an earnings call that apple sold a record number of macs during the quarter. likewise, earnings from services — where app






ibm revenue grows for the first time since 2012


international business machines corp. reported higher revenue for the first time in 23 quarters and signaled continued growth into 2018, giving chief executive ginni rometty breathing space as she tries to turn around the century-old tech giant.fourth-quarter revenue rose 3.6% to $22.54 billion. the last time ibm had revenue growth from the prior year was the first quarter of 2012, ms. rometty’s first as chief.several...






ibm revenue grows for the first time since 2012


international business machines corp. reported higher revenue for the first time in 23 quarters and signaled continued growth into 2018, giving chief executive ginni rometty breathing space as she tries to turn around the century-old tech giant.fourth-quarter revenue rose 3.6% to $22.54 billion from a year earlier. the last time ibm had revenue growth from the prior year was the first quarter of 2012, ms. rometty’s first as chief....






box shows 28 percent revenue growth, but profit still elusive


box remains in "growth" mode, which in financial code means it hasn't yet hit black ink.






box shows 28 percent revenue growth, but profit still elusive


when aaron levie founded box 12 years ago, he instinctively knew that lots of people and companies were going to want to store their files, photos, videos and various other data somewhere outside their own computers where it was going to be safe.that instinct has been relevant to the market for more than a decade, demand for secure places to put data continues to skyrocket, and box has kept ahead of the data-volume curve.as evidence of all this, the redwood city, calif.-based cloud storage and collaboration tools provider on aug. 30 revealed its q2 2018 earnings report, and the result is another strong quarter for the young company, which went public in january 2015.box banked record revenue of $122.9 million, equating to 28 percent year-over-year growth and exceeding guidance of $121 mill






to find top talent for your business, try this four-step process


q:our company has ambitious growth goals for 2018. what is the best way to find top talent to achieve our growth goals?anonymousa: be sure to approach staffing growth with the same strategic approach you have for revenue growth. after all, you need top talent to achieve your ambitious goals. let's break it down into a four-step process.1. create a rough human-resources plan. identify the jobs that are critical to the execution of your customer strategy. ask yourself how many employees will be needed in each position if the business grows by 10, 25 or 50 percent. this activity simply helps you understand the magnitude of the recruiting effort you will need over time.2. get agreement among your leadership team about the definition of "top talent." this differs for all organizations based on






twitter's revenue declines but beats wall street's expectations


san francisco — twitter on wednesday reported first-quarter earnings and sales that beat wall street’s expectations, sending its stock up by more than 10 percent in pre-market trading to $16.27 per share.the struggling tech firm saw its revenue decline for the first time since it went public in 2013, though, a sign that it still has more work to do to attract advertising dollars.twitter executives, pointing to its user growth, said it’s making progress.“this past quarter is giving us a lot of confidence in our focus and execution and excitement for our path ahead,” said twitter ceo jack dorsey in a conference call on wednesday.while twitter doesn’t expect revenue growth to ramp up anytime soon, the tech firm has been talking to advertisers about the company’s user growth and better ad pric






salesforce marches steadily toward $10b run rate goal


salesforce is on a steady climb toward a $10 billion revenue run rate. and while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood.according to the company’s ceo, marc benioff, salesforce’s revenue growth results give it “the fastest growth of any top [five] enterprise software company.”it’s clear that salesforce has been on a phenomenal revenue growth run the last five years. and investors, seemingly pleased with the results, have rewarded the company with new share price records this month.all that begs a simple set of questions: what is driving growth at salesforce, and can the company possibly sustain the run it has been on?looking at the numbersthe company’s quarter was a triple-beat, with salesforce turning in more revenue, profit






salesforce marches steadily toward $10b run rate goal


salesforce is on a steady climb toward a $10 billion revenue run rate. and while it’s not quite there yet, its recent, nearly $2.4 billion quarter puts it squarely in the neighborhood.according to the company’s ceo, marc benioff, salesforce’s revenue growth results give it “the fastest growth of any top [five] enterprise software company.”it’s clear that salesforce has been on a phenomenal revenue growth run the last five years. and investors, seemingly pleased with the results, have rewarded the company with new share price records this month.all that begs a simple set of questions: what is driving growth at salesforce, and can the company possibly sustain the run it has been on?looking at the numbersthe company’s quarter was a triple-beat, with salesforce turning in more revenue, profit






twitter revenue slides for first time since ipo


for social-media companies, popularity doesn’t always pay off, as twitter inc.’s sinking revenue shows.twitter on wednesday said 9 million new monthly-active users joined its social network in the first quarter—the most in two years—but revenue fell for the first time since going public, raising questions about how the company is going to hit...






twitter revenue slides for first time since ipo


for social-media companies, popularity doesn’t always pay off, as twitter inc.’s sinking revenue shows.twitter on wednesday said nine million new monthly-active users joined its social network in the first quarter—the most in two years—but revenue fell for the first time since going public, raising questions about how the company is going to...






twitter's revenue declines but beats wall street's expectations


san francisco — twitter on wednesday reported first-quarter earnings and sales that beat wall street’s expectations, sending its stock up by more than 10 percent in pre-market trading to $16.27 per share.the struggling tech firm saw its revenue decline for the first time as a public company, though, a sign that it still has more work to do to attract advertising dollars.twitter executives, pointing to its user growth, said it’s making progress.“we’re delivering on our goal to build a service that people love to use, every day, and we’re encouraged by the audience growth momentum we saw in the first quarter. while we continue to face revenue headwinds, we believe that executing on our plan and growing our audience should result in positive revenue growth over the long term,” said twitter ce






alibaba’s net income, revenue surge on growth in online sales


shanghai—alibaba group holding ltd. reported a surge in revenue and profit on surprisingly strong online sales, sending its shares to new altitudes thursday—a scenario few investors saw coming two years ago. back then, alibaba investors were wary of slowing revenue growth for the e-commerce giant and a costly battle for mobile market share in china’s online retail marketplace. today, naysayers are hard to find as alibaba has...






treasury says gop tax bill will generate $1.8t in revenue


washington (ap) — the trump administration is now estimating the republican tax bill will generate about $1.8 trillion in new tax revenue over 10 years by boosting economic growth.but that’s a lot more than nonpartisan congressional analysts have projected. the joint committee on taxation estimates that growth stimulated by the anticipated tax cuts will generate some $409 billion in additional tax revenue over 10 years.president donald trump and republican leaders in congress have promoted the massive tax plan by promising the tax cuts will boost the economy. the $1.5 trillion house and senate tax bills combine steep tax cuts for corporations with modest reductions for individuals.the new treasury department analysis out monday says about half the expected increase in economic growth likel






leica camera reports 'strong revenue growth' for 2016/2017 fiscal year: digital


in recent years, financial reports from major camera manufacturers haven't typically made for overly positive news stories; however, leica camera ag is bucking this trend with the announcement of its results for the 2016/2017 financial year ending march 31st. apparently, the german camera maker has been able to grow revenue by 6 percent, despite the global camera market declining by around 10 percent over the same period.leica cites systematic realignment of the company over recent years as the main driver of the positive development.at the heart of this realignment lies the establishment of an in-house retail distribution division that now controls a network of 90 monobrand stores around the globe. the company says this move has been vital in promoting the brand, and the retail network is






red hat continues steady march toward $5 billion revenue goal


the last time i spoke to red hat ceo jim whitehurst, in june 2016, he had set a pretty audacious goal for his company to achieve $5 billion in revenue. at the time, that seemed a bit far-fetched. after all, his company had just become the first open-source company to surpass $2 billion in revenue. getting to five represented a significant challenge because, as he pointed out, the bigger you get, the harder it becomes to keep the growth trajectory going.but the company has continued to thrive and is on track to pass $3 billion in revenue some time in the next couple of quarters. red hat is best known for creating a version of linux designed specifically for the enterprise, but it has begun adapting to the changing world out there with cloud and containers — and as its rhel (red hat enterpri






facebook to show ads on messenger to bolster revenue growth


facebook inc. has spent years developing two of the world’s most popular messaging apps. now, with slowing revenue growth in its core service, it wants to cash in. starting tuesday, facebook will show advertisements inside messenger, the chat app that facebook says is now used by 1.2 billion people every month. the ads will be shown between users’ messages, similar to the way ads are sandwiched between posts in facebook’s news...






trump’s ‘balanced’ budget relies on $2 trillion math error


the math in crafting the budget was seemingly too difficult for an administration embroiled in scandal. president donald trump promised that he would balance the budget for the first time in over a decade and he would do it without cutting spending for defense or social security. the numbers were flawed, however.according to new york magazine, trump’s budget assumes a $2 trillion increase in revenue through economic growth that can’t be verified or supported by any estimations by anyone, anywhere. even the trump administration’s supposed economic growth wouldn’t pay for the $2 trillion error. previously, trump claimed his cuts would be paid for by the growth expected to come in, as a result of his tax breaks. the plan is akin to a credit card that has an interest rate that pays off your ca






apple’s services business grows 18% as iphone sales stall


apple just announced their earnings for q1 2017. the company reported $52.9b in revenue with eps of $2.10, which slightly beat consensus estimates of $2.02.but perhaps more importantly, this quarter’s revenue from services was $7.04b, which represents 18% growth year-over-year for the category, the same yoy growth percentage seen last quarter.and while revenue from services last quarter was a little better at $7.17b, this is mainly due to the large sales bump apple gets from the holiday season. in fact, revenue from services this quarter is only -2% compared to last quarter, which is insane when you consider that revenue from iphone sales this quarter are -39% compared to last quarter.essentially services are a category where revenue can stay relatively stable quarter to quarter even when






alibaba shares soar after cfo says revenue growth will accelerate


alibaba group holding said its annual revenue in fiscal 2018 could grow as much as 49%, sending its shares 11% higher in early trading thursday.the hangzhou-based company’s chief financial officer maggie wu said at the firm’s investor conference earlier that day that revenue growth would accelerate as its e-commerce unit would benefit from offering consumers more tailored shopping experiences and benefit from its data technology...






china's exports accelerate in march, import growth moderates


beijing — china's export growth accelerated in march while import growth moderated to still-robust double-digit levels in possible positive signs for chinese economic growth and global demand.customs data on thursday showed exports rose 16.4 percent from a year earlier to $180.6 billion, up from 4 percent growth in the first two months of the year. imports rose 20.3 percent to $156.6 billion, down from the january-february rate of 26.4 percent.the unexpectedly strong exports are a positive sign for chinese leaders who are trying to avert job losses in trade-related industries while they try to nurture consumer-driven economic growth.






adobe announces record-breaking $1.84 billion in revenue for q3: digital photogr


adobe has once again posted record quarterly revenue, this time for the fiscal quarter that ended on september 1, 2017. the software company experienced a 26% year-on-year revenue growth with $1.84 billion in its third fiscal quarter this year. of that, $1.27 billion came from the company's digital media segment, including creative cloud. on a gaap basis, adobe saw its year-on-year net income grow 55% and its operating income grow 48%.we'll give you a moment to take that in... 55% net income growth, and a fiscal quarter of $1.84 billion. the jump to a subscription model is treating the company very well.this marks yet another high point for adobe, which previously posted record revenue during its second fiscal quarter ending in june 2017. during its q2, adobe made then record-setting $1.77






facebook revenue jumps again, buoyed by mobile advertising


facebook inc. squeezed nearly 30% more revenue per user in the fourth quarter, pumping its advertising muscle ahead of an anticipated slowdown in growth later this year.users spent more time watching videos on facebook and its p o-sharing app instagram, providing the social media giant with more slots for ads. that built on growth in mobile...






roku shares jump on strong growth in first earnings report since ipo


roku inc. shares surged after it reported strong revenue growth and a smaller loss than analysts had expected in its first quarterly report as a public company.california-based roku has been shifting its business from making money mostly from sales of its namesake device—which connects televisions to streaming services such as those from hulu, amazon.com inc. and netflix inc.--to getting significant revenue from ads, revenue-sharing deals and licensing its technology to tv makers....






apple’s services business grows 18% as iphone sales stall


apple just announced their earnings for q1 2017. the company reported $52.9 billion in revenue with eps of $2.10, which slightly beat consensus estimates of $2.02.but perhaps more importantly, this quarter’s revenue from services was $7.04 billion, which represents 18 percent growth year-over-year for the category, the same yoy growth percentage seen last quarter.and while revenue from services last quarter was a little better at $7.17 billion, this is mainly due to the large sales bump apple gets from the holiday season. in fact, revenue from services this quarter is only -2 percent compared to last quarter, which is insane when you consider that revenue from iphone sales this quarter are -39 percent compared to last quarter.essentially services are a category where revenue can stay relat






facebook beats q1 revenue expectations as monthly user base nears 2b


facebook published its first quarter financial results on wednesday, beating market expectations. the social media giant posted diluted earnings per share of $1.04 on revenue of $8.03 billion. its diluted eps is up 73 percent year-over-year, while revenue is up 49 percent. wall street was looking for a gaap eps of 887 cents on revenue of $7.83 billion. facebook announced it's is no longer reporting non-gaap expenses, income, tax rate, and earnings per share (eps)."we had a good start to 2017," founder and ceo mark zuckerberg said in a statement. "we're continuing to build tools to support a strong global community."specifically, advertising revenue came in at $7.85 billion, up 51 percent year-over-year. about 85 percent of ad revenue came from mobile in q1, up from 82 percent in q1 2016. w






facebook revenue jumps again, buoyed by mobile advertising


facebook inc. on wednesday recorded a 51% jump in fourth-quarter revenue, reflecting the still-vibrant mobile advertising business that has driven the social-media giant’s growth over the last four years. the company said its revenue rose more than expected to $8.81 billion. analysts had expected revenue of $8.51 billion, according to thomson reuters.facebook’s quarterly profit leapt to $3.57 billion from $1.56 billion a...






global semiconductor revenue grew 2.6 percent in 2016: gartner


global semiconductor revenue grew by 2.6 percent during 2016 to reach a total of $343.5 billion, according to gartner's market share analysis: semiconductors worldwide 2016 report.the figure was up from 2015's global revenue of $334.9 billion, due to strengthening demand and improved pricing in the second half of 2016. the figure was despite a weak start to the year, the research firm said."worldwide semiconductor revenue growth was supported by increasing production in many electronic equipment segments, improving nand flash memory pricing and relatively benign currency movements," said james hines, research director at gartner. intel kept the top semiconductor vendor spot from 2015, recording revenue of $54.09 billion for 2016, having year-on-year growth of 4.6 percent and equating to ma






amazon’s profit jumps, but sales growth disappoints


amazon.com inc.’s revenue growth and investments have for years come at the expense of profit. now, the retail giant appears to have exhibited more discipline to preserve its bottom line.the seattle-based retail giant on thursday said fourth-quarter profit jumped 55% to $749 million, topping the company’s own guidance. on the other hand, revenue increased 22% to $43.7 billion, hitting the midpoint of amazon’s target, and below...






amazon’s profit jumps, but sales growth disappoints


amazon.com inc.’s revenue growth and investments have for years come at the expense of profit. now, the retail giant appears to have exhibited more discipline to preserve its bottom line.the seattle-based retail giant on thursday said fourth-quarter profit jumped 55% to $749 million, topping the company’s own guidance. on the other hand, revenue increased 22% to $43.7 billion, hitting the midpoint of amazon’s target, and below...






twitter sees growth in brazil


twitter has reported a 30 percent boost in advertising revenue in brazil last year helped by digital marketing interest around the olympic games and rising smartphone uptake locally.despite posting its slowest quarterly revenue growth since it went public four years ago, things for twitter in brazil - one of the firm's top five markets - are looking up. read more about twitterthe number of monthly active users in brazil saw a 18 percent spike in the fourth quarter in relation to 2015, the firm's managing director for brazil, fiamma zarife, said in a recent interview to brazilian newspaper o estado de são paulo earlier this week. by comparison, active user growth worldwide for the platform over the same period was only 4 percent. "brazil is a motor of growth for twitter, both in users and i






box is cash flow positive again, with 26% revenue growth


box posted its third-quarter earnings after the bell on wednesday.the cloud management business reported $129.3 million in revenue, up 26 percent from last year. this beat analyst estimates of $128.64 million.the company also reported an adjusted negative 13 cents per share, in line with wall street estimates. this compares to negative 14 cents from last year.last quarter, investors were concerned that the company temporarily lost its cash flow positive status, but box has since regained it.box posted free cash flow of $6.3 million, up $17 million from the same period last year.ceo aaron levie says they’re in a “really really good spot from a cash generation standpoint.”he said that this quarter they also “launched a whole bunch of a new technology around machine learning and ai.” he’s ref






box’s levie touts positive cash flow


cloud content management company box posted fourth quarter earnings after the bell on wednesday with shares quickly plummeting in initial after-hours trading. they mostly recovered, trading down just 1% by late afternoon.box beat investor expectations with an adjusted loss of 10 cents per share versus the negative 14 cents forecast. revenue for the quarter was also a beat at $109.9 million, versus the $108.9 million predicted, and a 29% increase from the same period last year.the company celebrated its first quarter as a free cash flow (fcf) positive business, with ceo aaron levie characterizing this as an “inflection point” in a call with techcrunch.  fcf was $10.2 million for the quarter, which they say is a $30 million gain year-over-year.but wall street was disappointed that box cautio






facebook sees mixed q1 with $8.03b revenue, eps miss, faster growth to 1.94b use


facebook had another strong quarter to start 2017, scoring $8.03 billion in revenue and $1.04 eps in q1. it earned that from 1.94 billion users, up from 1.86 billion last quarter, up a faster 4.3 percent compared to 3.91 perecent last quarter.at this rate facebook should hit 2 billion total users in q2. daily active users reached 1.28 billion, up from 1.23 billion last quarter. while fake news, video violence, and copying snapchat have all been fixtures of the facebook news cycle, its user growth actually grew during the time period. facebook added 3 million monthly users in the lucrative but saturated us & canada market, though the asia-pacific region was the big driver, where facebook added 43 million users.facebook beat analyst estimates on revene, which were $7.83 billion, but missed t






twitter desperately needed a hit first-quarter and somehow managed to deliver


in an very un-twitter move, the company completely beat out the increasing decline of its business that tech observers were expecting.this is a hugely positive sign for the company, which has seen continued bad news on the whole company operating front. not only was it able to generate more money than expected, its user numbers also made a surprising spike. twitter’s faced a ton of scrutiny as to whether it can be another big player in the advertising space, trying to pitch its unique product compared to others like facebook and snap.now the company is starting to see some good news roll in, and it’ll have to figure out how to capitalize on that momentum. the company said it generated $548 million in revenue with earnings of 11 cents per share. it also added 9 million new users, bringing i






twitter’s first quarter was a surprise, much-needed hit


in an very un-twitter move, the company completely beat out the increasing decline of its business that tech observers were expecting.this is a hugely positive sign for the company, which has seen continued bad news on the whole company operating front. not only was it able to generate more money than expected, its user numbers also made a surprising spike. twitter’s faced a ton of scrutiny as to whether it can be another big player in the advertising space, trying to pitch its unique product compared to others like facebook and snap.now the company is starting to see some good news roll in, and it’ll have to figure out how to capitalize on that momentum. the company said it generated $548 million in revenue with earnings of 11 cents per share. it also added 9 million new users, bringing i






fans flock to oak grill, skyroom as 113-year minneapolis tradition ends


determined to reverse eight years of a democratic administration, house republicans are on track to overturn a handful of rules finalized in president barack obama's final months in office to deal with climate change, federal contracting and background checks for gun ownership.