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Cisco Revenue Hits Bad Patch

Computer Daily News May 15, 2020 No Comments

SAN FRANCISCO: Cisco has reported better-than-expected Q3 earnings despite revenue dropping some eight percent year on year and steeper than the four percent decline recorded in Q2. Cisco’s quarterly revenue…

China Deal ‘No Deal’, Says Digicel

Computer Daily News May 15, 2020 No Comments

SYDNEY: Jamaica-based mobile phone carrier Digicel Group has denied an Australian newspaper report that it is planning to sell its Pacific unit to state-owned China Mobile for as much as…

Apple Reconfigures Supplier Factories & Acquires VR Start-Up

Elise Reid May 15, 2020 No Comments

Apple is moving quickly to adjust to the new reality of the COVID-19 pandemic. According to Bloomberg, Apple is helping its suppliers all over the globe reconfigure their factories in…

Xero Swings To $5 Profit But Warns It Won’t Last

Computer Daily News May 15, 2020 No Comments

AUCKLAND: Largely Australian-based but NZ-owned accounting software house Xero has recorded an NZ $3.3 million full-year profit – it’s first – but has warned that coronavirus will weigh on its…

NBN Revenue Hits $2.8 Billion As Seven Million Target Looms

Computer Daily News May 15, 2020 No Comments

CANBERRA: NBN Co has reported a 38 percent revenue increase in Q3 to $2.8 billion, driven by strong demand spurred by the coronavirus pandemic and ensuing lockdowns. Earnings before tax…

Some Restaurants, Pubs Open Today – But Little To Cheer

Computer Daily News May 15, 2020 No Comments

CANBERRA: “This is a tough day for Australia,” Prime Minister Scott Morrison said yesterday – and he wasn’t kidding, as the Australian Bureau of Statistics (ABS) produced a flurry of…

Major CE Stock Shortages Up To September Set To Affect Retailers

David Richards May 15, 2020 No Comments

Is CE and appliance retailing entering a twilight zone driven more by a shortage of stock than a shortage of customers wanting to buy. Like-for-like sales growth in the March…

COVID-19 Gaming: MSI’s Sales Revenue Up 24%

Elise Reid May 14, 2020 No Comments

Driven by increased demand for gaming devices during the COVID-19 lockdowns, MSI’s sales revenue increased by 24% year-on-year in April, reaching NT$10.6 billion (A$550.7 million). On top of people staying…

PM: “Very Tough Day”, 594K Jobs Lost April

Roma Christian May 14, 2020 No Comments

Prime Minister Scott Morrison has said it’s a “very tough day” after latest Bureau of Statistics numbers revealed 594,300 jobs were lost in the month of April – taking the…

EXCLUSIVE:Now Spotlight Owned Harris Scarfe Tries To “Screw” Suppliers

David Richards May 14, 2020 No Comments

Back in April, department store chain Harris Scarfe was sold to Spotlight Group, leaving unsecured creditors in the lurch for millions, now the new owner is trying to “screw” current…