No. 1 Story
ACCC clears Optus to scrap HFC network and use NBN instead
The ACCC has cleared, provisionally, the proposed deal between Optus and NBN Co under which Optus is to be paid around $800m to shut down its HFC network and transfer customers onto the NBN. read moreDell loses market lustre after earnings miss
Stan Beer
Tuesday, 09 May 2006 22:44
PC market leader Dell has had its lead whittled away by second placed rival HP and it now expects to miss its revenue and profit targets in its fourth quarter. All in all, not a good result for the company that was once the darling of wall Street, and the market made Dell pay, wiping 6% of the value of the company.Dell's revenue for the quarter is now expected to be $14.2 billion, right at the bottom of its target range of $14.2 billion to $14.6 billion, and its earnings will miss by a mile, coming in at 33c a share compared to earlier guidance of 36c to 38c a share.
While Dell blamed the results on its "poor pricing decisions" during the second quarter of last year, analysts believe that a combination of a slowing market plus the impact of increased competition from HP, Acer, Lenovo and other up and comers, may be dampening the market for Dell.
You think you have a disaster recovery plan?
Think again. Most businesses only have PART of a DR plan - and this spells business disaster in the event of an IT disaster.
Download The Seven Sins of Disaster Recovery White Paper now and find out how you can prevent this happening to you.
