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Microsoft commercial cloud revenue up 30%, bigger than Google and IBM combined
Microsoft

Microsoft commercial cloud revenue up 30%, bigger than Google and IBM combined

Microsoft's commercial cloud revenue for FY20 Q4 was larger than that of Google and IBM combined, according to new research.

By Shannon Williams • 4 min read • Wed, 16th Sep 2020
Toshiba posts AU & NZ financial results with modest profit & loss
Supply Chain

Toshiba posts AU & NZ financial results with modest profit & loss

Toshiba has recently published its annual reports for its Australian and New Zealand operations for the year ended 31 March 2020.

By Staff Writer • 3 min read • Mon, 7th Sep 2020
Zoom reports massive revenue growth in Q2 2021 financial results
Unified Communications

Zoom reports massive revenue growth in Q2 2021 financial results

Zoom reports enormous 355% YoY increase in revenue for Q2 2021, as remote work continues to drive strong financial performance.

By Staff Writer • 2 min read • Tue, 1st Sep 2020
Spark achieves annual revenue growth, despite COVID-19 challenges
Financial results

Spark achieves annual revenue growth, despite COVID-19 challenges

Spark New Zealand reports revenue growth and strong performance in key markets, with overall revenue increasing by 2.5% to $3,623 million.

By Catherine Knowles • 4 min read • Mon, 31st Aug 2020
Fortinet reports total revenue of $615.5 million
Firewalls

Fortinet reports total revenue of $615.5 million

Strong demand for secure SD-WAN and work-from-home capabilities helped power 18% second quarter revenue growth.

By Shannon Williams • 4 min read • Fri, 7th Aug 2020
Veeam reports biggest second quarter in company history
Virtualisation

Veeam reports biggest second quarter in company history

Veeam Software reports a 20% YoY increase in annual recurring revenue for Q2'20, its biggest second quarter ever.

By Shannon Williams • 3 min read • Wed, 5th Aug 2020
Arrow ECS NZ reports mild profit increase in FY19
Arrow ECS

Arrow ECS NZ reports mild profit increase in FY19

Arrow ECS NZ reports NZ$3.3m revenue in FY19, a slight drop from FY18. Profit increases to NZ$ 2.1m from NZ$1.8m. Distribution deals secured.

By Staff Writer • 2 min read • Wed, 1st Jul 2020
Alibaba records growth for 2020, but it's not all smooth sailing
Supply Chain

Alibaba records growth for 2020, but it's not all smooth sailing

The company's Cloud business saw huge gains, but the declining business activity in the early months of 2020 was not kind to the retail giant.

By Nick Forrester • 3 min read • Mon, 25th May 2020
Logitech posts 'record' sales buffered by remote working rush
Hybrid & Remote Work

Logitech posts 'record' sales buffered by remote working rush

Logitech's sales reach record high of $2.98bn in fiscal 2020, boosted by strong Q4 sales and remote working demand.

By Staff Writer • 3 min read • Thu, 14th May 2020
CEOs responsible for financial errors, not CFOs - research
Chief Financial Officer

CEOs responsible for financial errors, not CFOs - research

Chief executives are being looked at to take accountability for errors in financial reporting, according to a new global survey.

By Shannon Williams • 3 min read • Sat, 9th May 2020
Nintendo's profits soar, but analysts fear slowdown on the horizon
Gaming

Nintendo's profits soar, but analysts fear slowdown on the horizon

Operating profit skyrocketed 41% year-on-year for the financial year ending March 31, helped by its release of the popular Animal Crossing: New Horizons..

By Nick Forrester • 2 min read • Fri, 8th May 2020

Stories from Other Regions

Chorus describes goals as it posts $52m profit
Unified Communications

Chorus describes goals as it posts $52m profit

As the copper withdrawal looms, Chorus is looking at how it can leverage its fibre network to provide new products and services across the country.

By Staff Writer • 3 min read • Mon, 24th Aug 2020
Westcon Group reaps $221.5m revenue
Data Analytics

Westcon Group reaps $221.5m revenue

Westcon Group NZ reports revenue of $221.5m and a gross profit of $2.7m for 2020, up from $211.6m and $1.6m respectively in 2019.

By Staff Writer • 2 min read • Wed, 5th Aug 2020
Ingram Micro NZ Holdings post FY 19 financials
Ingram Micro

Ingram Micro NZ Holdings post FY 19 financials

Ingram Micro New Zealand Holdings reports $653.3m revenue and $11.9m profit for 2019, remaining strong post COVID-19.

By Staff Writer • 2 min read • Tue, 4th Aug 2020
Synnex posts mild revenue drop, but profits increase
Synnex

Synnex posts mild revenue drop, but profits increase

Synnex New Zealand's annual report reveals revenue drop to $159.5 million in 2019, down from $178.9 million the previous year.

By Staff Writer • 1 min read • Mon, 3rd Aug 2020
LG's NZ branch posts promising FY19 results
Supply Chain

LG's NZ branch posts promising FY19 results

LG's New Zealand branch has reported an increase in total revenue, but a decrease in net profit in the company's financial results for 2019.

By Staff Writer • 3 min read • Wed, 1st Jul 2020
Acer NZ reports decreased revenue but boosted profits for FY19
Acer

Acer NZ reports decreased revenue but boosted profits for FY19

The dip in yearly revenue was offset by an 89% increase in operating profit, increasing from $232,344 in FY18 to $440,741 the following year.

By Staff Writer • 2 min read • Wed, 1st Jul 2020
Google NZ reports revenue & profit spike
Google

Google NZ reports revenue & profit spike

Google New Zealand's revenue soared to NZD $36.2 million in FY19, doubling from 2018, with profits jumping to NZD $8.1 million from a USD $1 million loss.

By Staff Writer • 2 min read • Wed, 1st Jul 2020