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Financial results trickle in

Apple and Baidu both report excellent quarterly results.

Paul Booth
By Paul Booth
Johannesburg, 25 Oct 2010

The international ICT market was quiet last week, apart from some quarterly results and a handful of small acquisitions, including ones by IBM and Software AG.

At home it was also very quiet, with no major announcements.

Key local news of the past week

* Mixed interim numbers from Silverbridge, with revenue up 2% but profit down 68%.
* Positive trading updates from Business Connexion and Vodacom.
* Logic Group, the specialist adviser on utilising technology to enable business processes, has acquired total ownership of QlikView business intelligence software and solutions provider Consilia Consult.
* Cape Town-based Korwe Software unveiled its first commercial product, The Core, a mobile enterprise application platform.
* Business Connexion won this year's Best Managed Company award in the ICT sector from Top 500, an annual business-to-business directory of the country's leading companies in 100 sectors. The awards are based on rigorous criteria set by the Topco Research Foundation and look at various aspects of a company's operations in three broad categories: performance, empowerment and policies.
* MWeb won the 2010 South African Internet Service Provider of the Year Award at the recently held MyBroadband Conference.
* Sean Wainer was appointed SA country manager for Citrix Systems.

Key African news

* Carl Kleynhans was appointed president Southern Africa for Schneider Electric.

Key international news

Look out for the appointment of Settumo Mohapi as CEO of Sentech.

Paul Booth, MD, Global Research Partners

* Garmin bought Belanor AS, its Norwegian distributor.
* IBM purchased Clarity Systems, a provider of financial governance software.
* NCR purchased Mobiqa, a mobile services company.
* Samsung Electronics has proposed a 41% acquisition of Madison, a South Korean maker of medical equipment.
* Software AG bought US-based Data Foundations, a master data management tool maker.
* Excellent quarterly results from Apple and Baidu.
* Very good quarterly figures from SanDisk, Tata Consultancy Services, VMware and Xerox.
* Good quarterly numbers from Bottomline Technologies, Check Point Software Technologies, EMC, Informatica, Juniper Networks, Millicom International Cellular, Philips Electronics and Wipro.
* Satisfactory quarterly results from Acer, AT&T, CA Technologies, China Mobile, Ericsson, IBM, NCR, Nokia (back in the black) and Seagate Technology.
* Mediocre quarterly results from Verizon Communications.
* Mixed quarterly figures from Compuware, with revenue up but profit down; LG Display, with revenue up but profit down; Shaw Communications, with revenue up but profit down; TomTom, with revenue up but profit down; Western Digital, with revenue up but profit down; and Yahoo, with revenue down but profit up.
* Quarterly losses from ST-Ericsson.
* Ray Ozzie, Microsoft's chief software architect, has retired.

Look out for:

* International:
* The acquisition by EMC of Isilon Systems, a computer storage company.
* The sell-off by Vodafone of its 45% stake in SFR, the French mobile phone firm.

* Africa:
* Further acquisitions by Safaricom in the Internet space.

* South Africa:
* The appointment of Settumo Mohapi (ex-Telkom SA) as CEO of Sentech.
* The launch of Broadband Infraco in November.

Research results and predictions

* The number of Internet users will surpass two billion this year, approaching a third of the world's population, according to a UN study.
* Enterprise IT spending will reach $2.5 trillion in 2011, up 3.1% from this year, according to Gartner.
* Mobility will be a trillion-dollar business by 2014, Gartner predicts.

Stock market changes

* JSE All share index: Up 0.2% (highest weekend close this year)
* Nasdaq: Up 0.4%
* Top SA share movements: Ansys (-20%), Cape Empowerment (+10%), Ideco (-20%), Ifca Technologies (+28.6%), ISA (+9.3%), Labat Africa (+16.7%), Silverbridge (-14.7%), Simeka (-13.3%), TCS (+33.3%) and TeleMasters (+13%)

Final word

Fortune magazine has published its listing of the 50 most powerful women. From a technology perspective, the highest placed is Ginni Rometty, an SVP at IBM, at number eight; followed by Ursula Burns, CEO of Xerox, at number nine; Carol Bartz, CEO of Yahoo, at 10; and Safra Catz, co-president of Oracle, at 11. Also in the top 25 are Ann Livermore of HP, and Sheryl Sandberg of Facebook.

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