HTC makes more money than you

Four straight months of record sales and straight on til morning

HTC, the “quietly brilliant” company from Taoyuan City Taiwan has briefly cast aside its purported persona to let the world know just how awesome it is.  Between pointed bursts of Tarzan noises and chest thumping we were informed of HTC’s four-month  hot streak of successive sales records, as well as  gross-profits-after-tax amounting to a cool NT$ 8.64B (approx. $273M USD) for their most recent quarter.
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HP settles with U.S. DOJ over 2007 fraud suit

Mark Hurd hands over his lunch money

After over 3 years of running around the legal jungle gym, the United Stated Department of Justice has finally caught up with Hewlett-Packard, the world’s current leading provider of technological stuff, and reached a settlement after rubbing HP’s face in the sand a couple of times [ DOJ -1 | HP -0 ].  The settlement lays to rest 2007 allegations of kickbacks and fraud related to government contracts negotiated by technology contractor Accenture over the past decade.
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Storage-n-Harddrives. Where are we and where are we going?

Grab a fifth or your favorite 70 proof or higher beverage and read on

Recently hard drives and the storage industry in general has been a tough thing to write about, because frankly, nobody really cares!  It’s much more fun and exciting to get caught up in the hype surrounding the latest multi-core CPUs running at orgasmic clock speeds, or exotic video cards that need their own power reactors but have enough FLOPs under the hood to calculate the single precision meaning of life.  In fact the only time we give our trusty storage things a second thought (and exhaust our dictionaries of naughty words) is when they die and take our data along with them.  Well, to help remedy this journalistic conundrum, we’ve developed a drinking game to aid in your consumption of this article.  Every time you see a storage related suffix (MB, GB, TB, etc.) you take a shot.  Ready?  Good, because you’re up to three already.
UPDATED
 
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Seagate’s Quarter Results Noted

cloudy skies ahead

Seagate just reported its best annual results ever, with $2.66 billion in revenues and $387 million in net profits and if you exclude stock repurchases, the company would have generated $1.4 billion in cash after repaying creditors.   Seagate has now more than $2 billion in cash and only a small portion of its debt is in the short term, everything else is long term. With such a bright picture why is the market hitting so hard their stock after showing those numbers?
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AMD releases Q2 financial results, and Ontario details galore

40nm supply problems persist

Another day, another quarterly earnings conference call.  AMD came in with their latest and greatest batch of numbers, tidbits of product information, and future guidance for the company.  While your man was unable to squeeze any questions in this time around, (and apparently vuvuzelas are frowned upon during these conference calls for some reason) there were still plenty of interesting nuggets of information dropped along the way, so let’s begin.
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Intel blames datacenter group for record quarterly profits

Increased Gibson hacking not a factor they claim

While listening in on hour-long industry financial conference calls should be the most fulfilling part of any geek’s day, for some reason people expect outfits like us to break it all down into nice bite-size chunks that they can assimilate over morning coffee. Whatever, who are we to judge?  Bottom line, Intel is on a tear this year and has just announced record quarterly; revenue ($10.8B), gross margin (67%), operating income ($4.0B), and earnings per share ($0.51).
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