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Daily Archives: November 15, 2007

SAP Announces Strong Growth in Asia Pacific

SAP’s operations in the Asia Pacific region continued its strong forward momentum in the third quarter of 2007, with client wins averaging to eight new customers each day in yet another quarter of double-digit growth across the region.

Year-to-date, SAP Asia Pacific Japan has been the company’s fastest growing region, with 26 percent software revenue growth (in constant currency) compared with the previous comparable period. Total revenues for the third quarter in Asia Pacific grew 20 percent year-on-year (in constant currency) to €318 million. SAP Asia Pacific Japan refers to the company’s operations in Asia, including Japan, Australia and New Zealand.

“SAP Asia Pacific Japan has had a tremendous year so far,” said Geraldine McBride, President and CEO, SAP Asia Pacific Japan. “The signing of 539 new customers is a testament to the strength of our offerings and the quality of our people in the region. “Our customers are strongly motivated to grow their business and want to derive real value from the systems they implement – SAP directly addresses those needs by offering the best value products, developed and implemented by a very talented global team,” said McBride.

SAP Asia Pacific Japan’s growth can be attributed to the consistent performance its offices across the region, including that of its Philippine office, which landed key customer wins such as SEAIR, Air21, Sta. Lucia, Alaska Milk Corporation and Norkis throughout the year, and closed out Q3 by securing Honda Cars Makati. With the continued high adoption of SAP Business One particularly in Cebu, Davao and Cagayan de Oro, SAP Philippines looks forward to increasing its provincial customer base further with the help of its implementation partners.

SAP Philippines reports a large increase in its SME customer base, as with the entire regional operations of SAP.

“Key to our success has been the continued embrace of SAP by fast-growing small and midsize enterprise organizations, all keen to compete globally. More than half of all new signings in the region are SME customers,” said McBride.

SAP’s global SME business contributes 31 percent of SAP’s worldwide total order entry on a rolling four quarter basis. SAP’s global goal of 100,000 customers by 2010 will be underpinned by the SAP Asia Pacific Japan commitment to triple its small and midsize enterprise (SME) customer base.

SAP’s indirect channel partners also continued to play a major part in the region’s success this quarter. Building on its commitment to empower small and midsize customers with new ways to leverage software for profitable business growth, SAP worked with its partners to roll out 16 new additions to the portfolio of qualified SAP® Business All-in-One solutions in Q3. SAP’s Powered by NetWeaver ISV partner ecosystem has continued to grow to more than 150 members. Working with SAP, they have already delivered close to 180 certified applications available for sale worldwide.

 
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Posted by on November 15, 2007 in SAP

 

AMD Reports Third Quarter Results

AMD reported third quarter 2007 revenue of $1.632 billion or an 18% increase compared to the second quarter of 2007 and a 23% raise compared to the third quarter of 2006 [1]. The third quarter also indicates AMD’s operating loss of $226 million, and a net loss of $396 million, or $0.71 per share. Third quarter bears a negative impact of $120 million, or $0.22 per share, due to ATI acquisition-related, integration and severance charges and impairment of assets.

“We are encouraged by the progress we made in our third quarter financial results. We delivered a strong revenue increase, gained 8 percentage points of gross margin and reduced our operating loss by more than half,” said Robert J. Rivet, AMD’s Chief Financial Officer. “We sold a record number of microprocessors through our distribution channel and began revenue shipments of Quad-core AMD Opteron™ processors in the quarter.

“Graphics segment revenue increased 29 percent sequentially, as customers increasingly adopted AMD’s new ATI Radeon HD™ 2000 series of graphics processors.”

Third quarter charges of $120 million consisted of ATI acquisition-related, integration and severance charges of $78 million and asset impairments of $42 million associated with our ownership of Spansion, Inc. common stock.

Third quarter 2007 gross margin was 41 percent, compared to 33 percent in the second quarter of 2007 and 51 percent in the third quarter of 2006. The increase from the prior quarter was due to increased microprocessor unit shipments, manufacturing efficiencies, improved inventory management, and a richer product mix in the Computing Solutions and Graphics segments.

Computing Solutions
Third quarter Computing Solutions segment revenue was $1.283 billion, a 17 percent sequential increase. The increase was driven primarily by a 19 percent increase in microprocessor revenue. Microprocessor unit shipments increased 16 percent sequentially. Mobile processor unit shipment growth remained strong, increasing 41 percent sequentially and 68 percent year-over-year.

Graphics
Graphics segment revenue of $252 million grew 29 percent from the second quarter of 2007. The success of the new ATI Radeon HD 2000 series of graphics processors led to increased unit shipments and revenue.

Consumer Electronics
Third quarter Consumer Electronics segment revenue was $97 million, compared with $85 million in the second quarter of 2007 driven by improved handheld unit sales and increased game console royalties.

 
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Posted by on November 15, 2007 in AMD