Dell reports Q3 earnings: $13.7 billion in revenue, net income drops 47% year-over-year

Dell reports Q3 earnings $137 billion in revenue, net income drops 47% yearoveryear

Dell’s revenues and profits continued to shrink in Q3 of fiscal year 2013. While the manufacturer did manage to rake in revenues of $13.7 billion, that marks a significant drop from Q2’s $14.5 billion and the $15.5 billion it pulled in over the same period last year. Profits also took a sharp downturn, with only $475 million of the money coming in boosting the bottom line. By comparison, Q3 of 2012 saw Dell padding its pockets with $893 million in net income — that’s a 47 percent drop. One of the few bright spots for the Texas company continues to be its Enterprise Solutions division, which has seen its revenues grow three-percent year-over-year. Unfortunately, that may not be enough to stave off losses for much longer as its consumer division continues its dramatic slide, posting a total loss of $65 million for the quarter. The drop off was global as well, with revenues falling by double digits in Europe and Asia and 9 percent here in the US. With its small and medium business units holding steady and the enterprise services accounting for almost 50 percent of the company’s gross margin, we wouldn’t be surprised if Dell further shifted its focus from the consumer sector.

Continue reading Dell reports Q3 earnings: $13.7 billion in revenue, net income drops 47% year-over-year

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Dell reports Q3 earnings: $13.7 billion in revenue, net income drops 47% year-over-year originally appeared on Engadget on Thu, 15 Nov 2012 16:35:00 EDT. Please see our terms for use of feeds.

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This is the Modem World: Hotels owe us free WiFi (and cotton swabs)

Each week Joshua Fruhlinger contributes This is the Modem World, a column dedicated to exploring the culture of consumer technology.

DNP This is the Modem World Hotels owe us free WiFi and cotton swabs

When I departed for my three-week honeymoon, I informed all my colleagues that I would be off the grid: unavailable, unreachable, without access, etc. In truth, I was in airplane mode scanning for WiFi networks several times a day, checking in on East Coast friends dealing with Hurricane Sandy.

Side note: I was doing so from poolside chairs while the new wife was asleep and not about to be annoyed by my digital addictions, so that made it OK, and stuff.

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This is the Modem World: Hotels owe us free WiFi (and cotton swabs) originally appeared on Engadget on Wed, 14 Nov 2012 18:00:00 EDT. Please see our terms for use of feeds.

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Visa’s V.me digital wallet service graduates from beta with 53 banks, 23 retailers on board

Visa's V.me digital wallet service graduates from beta with 53 banks, 23 retailers on board

After roughly a year since its unveiling, Visa’s digital payment platform V.me has emerged from beta with support from a total of 53 banks, including PNC and U.S. Bank, and 23 retailers. If V.me has escaped your memory thanks to the proliferation of electronic payment options, you’d be forgiven. For those in need of a refresher, the service lets users check out at participating online stores using a one-click solution that remembers credit card details from multiple providers (American Express, Discover, MasterCard and Visa) in addition to billing and mailing addresses. Visa’s Global Head of eCommerce, Jennifer Schulz, told TechCrunch that the firm is planning on making mobile apps and bringing the service to checkout terminals next year. How does the company plan on standing out from the sea of options? Visa’s banking on its brand-name and ability to spread the service far and wide. If V.me has piqued your interest, leap past the break to catch the full list of supported banks and retailers.

[Image credit: Philip Taylor, Flickr]

Continue reading Visa’s V.me digital wallet service graduates from beta with 53 banks, 23 retailers on board

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Visa’s V.me digital wallet service graduates from beta with 53 banks, 23 retailers on board originally appeared on Engadget on Wed, 14 Nov 2012 05:57:00 EDT. Please see our terms for use of feeds.

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Otterbox acquires screen protector manufacturer Wrapsol, promises more high-quality accessories

Otterbox acquires screen protector manufacturer Wrapsol, promises more highquality accessories

Sure, we may see acquisitions from big-name players in tech from time to time, but it’s not every day that accessory makers announce new company purchases. Today, however, Otterbox has let it be known that it’s scooped up Wrapsol, a film wrap manufacturer that’s more commonly known for offering a slew of screen protectors for handsets, tablets and even laptops. Mum’s the word on how much cash the Defender creator shelled out, but the company’s CEO, Brian Thomas, appears to be quite content with its new property, saying that the addition of Wrapsol “enhances our ability to provide our customers and consumers an expanded variety of high-quality products.”

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Otterbox acquires screen protector manufacturer Wrapsol, promises more high-quality accessories originally appeared on Engadget on Tue, 13 Nov 2012 20:34:00 EDT. Please see our terms for use of feeds.

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Texas Instruments confirms color TI-84+ calculator is on track for a spring 2013 release

Texas Instruments confirms color TI84 calculator is on track for a spring 2013 releaseYou’ve seen the recent rumors of a TI-84 calculator with a color screen, and now Tech Powered Math has gotten the official word from Texas Instruments that such a device is indeed coming, finally bringing the popular line of calculators out of the monochrome age. As those earlier reports have suggested, however, you’ll have to wait until sometime in the spring of next year to get you hands on one, and pricing has yet to be confirmed — the site says the MSRP “could” be in the neighborhood of $150, though. Apparently, one reason for the lack of specificity with a release date is that the apps from the older calculators aren’t compatible with the new TI-84+ C, so Texas Instruments has been focusing on rewriting the most popular ones in time for the calculator’s release, with an eye towards releasing more over the course of the summer. TI assured the site that the new model is “not replacing anything,” though, and adds that it has no plans to discontinue the standard TI-84+ or the TI-84+ Silver Edition. Those interested can find plenty more details on the calculator and TI’s plans at the source link below.

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Texas Instruments confirms color TI-84+ calculator is on track for a spring 2013 release originally appeared on Engadget on Tue, 13 Nov 2012 15:33:00 EDT. Please see our terms for use of feeds.

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Elektron announces Analog Four synthesizer, spends the naming budget on viral teaser (video)

Elektron announces Analog Four synthesizer, spends the naming budget on viral teaser video

Elektron makes button-heavy synths and samplers, it also makes great teaser videos. If you needed any proof, then its newest offering, Analog Four (and accompanying video), should be plenty. This time, we have a little exclusive advanced info to go with it. The latest box of sonic tricks is a four voice analog synth (with two analog oscillators each), comes with an internal step-sequencer, plus multiple LFOs and the usual array of filters and effects. One other nice addition is the inclusion of CV/Gate and DIN outputs, meaning you can also control some of those older pre-MIDI synths you might have lying around (there is MIDI functionality too, of course). There’s also a live performance mode, so you can shake up the pattern on the fly, along with other creative tools like arpeggio toggling. Features are all good and well, but what does it sound like? Well, head past the break for a demo, plus that extravagant teaser vid. If, however, you were sold at “four voice analog synth,” keep your eyes (and filters) open for December 3rd availability

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Elektron announces Analog Four synthesizer, spends the naming budget on viral teaser (video) originally appeared on Engadget on Tue, 13 Nov 2012 13:36:00 EDT. Please see our terms for use of feeds.

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Bloomberg’s App Portal brings its financial market terminals into the app store age

Bloomberg's App Portal brings its financial market terminals into the app store age

Monitoring financial data and trading stocks in the big leagues often means using a locked down Bloomberg terminal pre-loaded with sanctioned software, but now the platform has caught the app store bug. Starting today, stock market buffs will be able to purchase apps on the Bloomberg App Portal, which underwent more than a year of testing and has software from over 40 developers. As for revenue, Bloomberg’s taken a page from Apple’s book and will keep 30 percent of earnings made from sales on its storefront. Since a single console sets customers back $20,000 each year according to the Financial Times, we imagine $0.99 apps will be few and far between. It’s unlikely that Rovio is going to barge into this app marketplace, so day traders will probably be busy playing stocks instead of Angry Birds.

[Image credit: Perpetualtourist2000, Flickr]

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Bloomberg’s App Portal brings its financial market terminals into the app store age originally appeared on Engadget on Tue, 13 Nov 2012 05:29:00 EDT. Please see our terms for use of feeds.

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Voxeljet 3D printer used to produce Skyfall’s Aston Martin stunt double

DNP 3D printer used to produce Skyfall's Ashton Martin stunt double

Spoiler alert: a reoccurring cast member bids farewell in the latest James Bond flick. When the production of Skyfall called for the complete decimation of a classic 1960s era Aston Martin DB5, filmmakers opted for something a little more lifelike than computer graphics. The movie studio contracted the services of Augsburg-based 3D printing company Voxeljet to make replicas of the vintage ride. Skipping over the residential-friendly MakerBot Replicator, the company used a beastly industrial VX4000 3D printer to craft three 1:3 scale models of the car with a plot to blow them to smithereens. The 18 piece miniatures were shipped off to Propshop Modelmakers in London to be assembled, painted, chromed and outfitted with fake bullet holes. The final product was used in the film during a high-octane action sequence, which resulted in the meticulously crafted prop receiving a Wile E. Coyote-like sendoff. Now, rest easy knowing that no real Aston Martins were harmed during the making of this film. Head past the break to get a look at a completed model prior to its untimely demise.

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Voxeljet 3D printer used to produce Skyfall’s Aston Martin stunt double originally appeared on Engadget on Mon, 12 Nov 2012 22:16:00 EDT. Please see our terms for use of feeds.

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Titan supercomputer leads latest Top 500 list, newly-available Xeon Phi chip cracks top ten

The supercomputer formerly known as Jaguar recently got an upgrade that was significant enough to earn it a new moniker, and it turns out that was also enough for it to claim the top stop on the latest Top 500 list of the world’s most powerful supercomputers. Now known as Titan, the Cray-developed supercomputer at the Oak Ridge National Laboratory edged out the Lawrence Livermore National Laboratory’s Sequoia supercomputer for the number one position, reaching 17.59 Petaflops per second with the aid of 18,688 NVIDIA K20 GPUs and an equal number of AMD Opteron processors. As EE Times notes, however, the other big story with this list is the strong showing for Intel’s new Xeon Phi co-processors, which have just starting shipping to customers and have already found their way into seven of the supercomputers on the list, including one in the top ten (the Stampede at the Texas Advanced Computing Center at the University of Texas). You can see how your favorite supercomputer did at the link below.

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Titan supercomputer leads latest Top 500 list, newly-available Xeon Phi chip cracks top ten originally appeared on Engadget on Mon, 12 Nov 2012 19:44:00 EDT. Please see our terms for use of feeds.

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Editorial: A conciliatory Apple would be real innovation

Editorial A conciliatory Apple would be real innovation

There are signs of a new attitude emanating from Cupertino, extending across Apple’s relationship management of customers and competitors.

One of the two most important things you can say in English is “I’m sorry.” (The other is “Thank you.”) Failure to get the apology right brands a person as arrogant. As with people, so with companies — to whatever extent they have personal relationships with their customers. In Apple’s case, its best customers definitely feel personally involved with the company’s ethos, products and leaders.

Apple’s main personifying force is its CEO. That individual manages both the connection with customers and the competitive relationship with other industry players. Now, following an unusual apology to users, Apple startlingly unplugs one of its Android lawsuits against a competitor, and a profound personality change seems to be in progress. Apple is not apologizing for its historical Android rage. But the brand’s official temperament might be changing at the core, with the company possibly becoming a more conciliatory actor in the field.

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Editorial: A conciliatory Apple would be real innovation originally appeared on Engadget on Mon, 12 Nov 2012 15:00:00 EDT. Please see our terms for use of feeds.

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