Finance – Page 48 – channelnews

[newsletter_form]

Australia’s #1 technology news source

[newsletter_form]

[bd_sorted_posts]

EXCLUSIVE: “High Flying” Kaiser Baas Goes Bust With $3.8m In Liabilities

David Richards June 3, 2018 No Comments

12 months ago, Evan Kourambas was bragging about how well his Kaiser Baas business was doing, today the Melbourne based distributor is being liquidated with debts of over $3.8M. Back…

Suppliers Raise Concerns Over Harvey Norman

David Richards June 1, 2018 No Comments

Serious questions are being asked after several vendors and distributors who traditionally sell through Harvey Norman told ChannelNews, that the big retailers are knocking back deals and new products claiming…

JB Hi Fi Cut New Financing Deal For Customers

David Richards June 1, 2018 No Comments

As TV’s get bigger and more expensive and refrigerators come with entertainment built in, JB Hi Fi and The Good Guys have opened up new options for customers by signing…

Foreign Currency Fluctuations + HQ Move Impacts Acer Profits

David Richards May 31, 2018 No Comments

Acer has reported profits of $990,00, on revenues of $297.8 million the result has been delivered despite a tightening of the Australian PC market, a move to new offices and…

BREAKING NEWS: Samsung Oz Posts $58m Loss

Computer Daily News May 30, 2018 No Comments

Samsung Electronics Australia has dramatically widened its after-tax loss for the year to December 2017 to $57.95 million, compared to the previous year’s loss of $3.49 million. In its financial…

HP Delivers Record Growth Notebook Sales Up 15%

David Richards May 30, 2018 No Comments

HP has held onto their #1 slot in the brutally competitive PC market with a 13% lift in sales. Notebook revenue was up 15 percent from a year ago while…

NAB To Compensate Small Biz, Customers For Outage Losses

Computer Daily News May 29, 2018 No Comments

The National Australia Bank has agreed to repay small businesses across the nation that lost business due to the weekend’s nationwide outage of NAB EFTPOS terminals, Internet banking services and…

Amazon Testing Out Shopping Ad Tool To Rival Google

Athina Mallis May 15, 2018 No Comments

After pulling out of Google shopping ads last week, Amazon is set to launch its own platform for display ads to rival Google and Criteo. According to Bloomberg who spoke to…

Lenovo CFO Quits As Revenue’s Climb, Disties Not Happy Over Rebates

David Richards May 9, 2018 No Comments

Lenovo Australia who last week won the 20,000 unit Federal Government, Centrelink PC contract has reported a $669,295 profit on revenues of $699million. The Federal Government win, follows the resignation…

Nokia Expands IoT Portfolio With SpaceTime Insight Acquisition

Athina Mallis May 8, 2018 No Comments

Nokia is acquiring US software supplier, SpaceTime Insight, a move which sees the Finnish company expanding its Internet of Things portfolio and IoT analytics capabilities Nokia says this also accelerates…