Dell reported revenue of $14.1 billion for the second quarter of fiscal year 2007, an increase of 5 percent year-over-year. Operating income was $605 million, or 4.3 percent of revenue, which includes $119 million of stock-based compensation. The company priced aggressively in a slower market resulting in operating income which was lower than its May expectations on similar revenue. As a result, EPS for the quarter finished at 22 cents.
HP (NYSE:HPQ)(Nasdaq:HPQ) today announced financial results for its third fiscal quarter ended July 31, 2006, with net revenue of $21.9 billion, representing growth of 5% year-over-year, or 6% when adjusted for the effects of currency. GAAP operating profit was $1.5 billion and GAAP diluted earnings per share (EPS) was $0.48 per share, up from $0.03 in the prior year period. GAAP financial information for the third quarter 2005 reflects a tax adjustment resulting from HP's decision to repatriate $14.5 billion in cash from foreign earnings.
Logitech and Skype, the global Internet communications company, today announced that they have expanded their relationship by bringing a complete solution for Internet calling dedicated to Skype(TM) users worldwide: the Logitech(R) EasyCall(TM) Desktop. The European version of the desktop combines a mouse, headset and speakerphone with a Skype-specific keyboard for the first time ever.
Like television for a previous generation, the Internet is quickly becoming the principal mode of information and communication for today's youth. Young people now turn to the Internet to read the news, chat with their friends, play games, download music, and to shop.
Gaz de France unveiled its consolidated sales for the second quarter of 2006 of 5,097 million euros, up 34% (+27% on a comparable basis) compared with the same period in 2005. The Group's sales for the first half of the year reached 15,233 million euros, up 37% (+30% on a comparable basis) for the first half of 2005.
Moving away from its traditionally conservative outlook on information technology (IT) spending, the global retail industry is realizing the value of investing in IT to enhance efficiency as well as improve customer service and profitability in an increasingly competitive environment.
Following the sanction of foreign direct investment (FDI), the retail sector in India has been thriving and numerous local and international companies have been thronging to the organized segment. The increasing levels of disposable incomes have catalyzed the growth of the retail sector, creating a need for efficient and cost-effective logistics operations.
www.IndiaStockMarket.com (ISM), a global investor website for investing in India, presents an exclusive look at India's water industry in this week's "Investing In India" with Dr. Uday Lal Pai, a well known financial writer based in India. The focus of this week's column takes a close look at the depleting water resources and the break down of water infrastructure that is restricting the region's ability to provide usable and drinkable water to its residents. In addition, perspective from water technology company Hendrx Corp (OTCBB: HDRX), evaluates current challenges and technological solutions to India's water crisis.
Demand for plumbing products in China is projected to increase nearly 13 percent per annum through 2009 to almost 85 billion yuan, outpacing growth in most other parts of the world.
