Robert Hof
Latest from Robert Hof
After ending revenue decline, Cisco plans to spend tax act bounty on shareholders
Cisco Systems Inc. broke a six-quarter streak of declining revenue, showing a 3 percent uptick in sales driven by its new products as well as strength in applications and security products. The revenue rise in the networking giant’s fiscal second quarter wasn’t entirely a surprise, since it had forecast a 1 to 3 percent improvement ...
VIDEO EXCLUSIVE
These five technologies will drive enterprises in 2018 – if they can handle them
The classic problem of companies that make or use technology is that they focus on the technology more than the people who use it. That needs to change quickly, according to a new report released early Wednesday by Accenture PLC. The management consulting and professional services company said key technologies, including artificial intelligence, cloud computing ...
Nvidia stock surges as AI demand helps chipmaker smash earnings forecast
Updated: Artificial intelligence is driving a lot of new services from internet giants such as Amazon Web Services Inc., Google LLC, Facebook Inc. and Microsoft Corp. — and they all need Nvidia Corp.’s graphics chips to power AI in their massive data centers. Once again, that was a key driver of Nvidia’s growth in its ...
Cloud computing again lifts Amazon, but Alphabet earnings fall short
Among the countless disruptions ripping across information technology, cloud computing stood out last year, and with the new year underway, its impact is only accelerating. That’s apparent once again today in earnings reports from Google LLC parent Alphabet Inc. and Amazon.com Inc. The two big As in tech – along with another, China’s Alibaba Group ...
Facebook tops earnings forecasts, but will site changes slow growth?
Facebook Inc.’s many recent challenges on the societal front, from Russian fake news to findings that it can make people unhappy, haven’t yet taken a toll on its financials. That’s apparent from fourth-quarter results reported today, which showed a company continuing to beat expectations thanks to a freight train of an advertising business. But investors ...
New chips help AMD beat earnings forecasts, but investors mostly shrug
Advanced Micro Devices Inc. managed to turn in better-than-expected fourth-quarter results today, bolstered by the success of new data center processors and graphics chips. The Sunnyvale, California-based company reported a fourth-quarter profit $61 million, or 6 cents a share, reversing a loss of $51 million, or 6 cents a share, a year ago. Profit before ...
Intel brushes back chip flaw problems by beating earnings forecasts
Intel Corp. recovered a bit today from a black eye administered by a recently discovered chip flaw, reporting better-than-expected earnings for its fourth quarter thanks to strong growth in its data center chip business. The chipmaking giant also forecast revenue in the current quarter that matched analysts’ expectations. It even issued a new forecast for earnings ...
Team software maker Atlassian beats earnings forecast, but not by enough
Team collaboration is one of the hot areas for enterprise software, and investors have gotten used to seeing sales of its providers top their projections. Atlassian Corp. Plc managed to do just that for its second fiscal quarter ended in December, but it still wasn’t enough. After rising 1.3 percent in regular trading today, shares ...
THE YEAR IN REVIEW
Out of the mouths of nerds: memorable tech industry quotes of 2017
You can always count on folks in the technology business for pearls of wisdom and vision, occasional wit and, thankfully for the press, frequent bouts of foot-in-mouth disease. Here are some random quotes that stuck with us — random, that is, because they’re all we could think of toward the end of a weird, exhausting year ...
THE YEAR IN REVIEW
Top news stories of 2017: booms, boneheads, a bubble and a backlash
It was a year of extremes for the technology industry. Many stocks hit record highs, and new technologies ranging from cryptocurrencies and blockchain to cloud computing and artificial intelligence exploded. At the same time, tech companies have had to own up not only to bad behavior passed off as entrepreneurial fervor, but also the societal impact ...