Budgeting

Lenovo's smartphone shipments grew 206% year-over-year in the quarter

PC sales in China and high growth in smartphones shipments helped boost Lenovo's net profit for its fiscal fourth quarter by 90 percent year-over-year. read more

HP's results were down from last year but it still managed to make a bigger profit than expected

HP reported a 32% drop in profit for its second fiscal quarter, due partly to slower sales of PCs and servers. read more

But growing mobile data use and enterprise mobility give hope for the future

Vodafone's revenue dropped 4.2% for its fiscal year to March 31, because of tough economic conditions, particularly in Southern Europe. read more

The Concur Benchmark Report1 analyses key trends

£725 million of expenses have been paid by UK-based organisations over the past 3 years. This huge sum comprises over 12 million individual expense claims, made by around 200,000 UK-based employees, from a very wide range of organisations in the private and public sectors. Download this infographic to analyse the key trends of UK expenses. read more

Employee expenses are one of the largest costs most businesses incur

Concur estimates that last year, UK organisations paid out over £8.2 billion in employee expenses. Companies are pressurising employees to keep expenses down. With 2013 looking like another tough year for many businesses, every penny will matter. Download this employee expenses benchmark report to compare how your organisation is operating. read more

Dell reported another weak quarter as its founder fights to make it a private company

Dell reported another quarter of declining profits and revenue yesterday as CEO Michael Dell continues his fight to take the company private. read more

Reducing cost and increasing efficiency key considerations over the coming year, according to IT executives responding to a CIO UK survey supported by Intel

With a focus over the next year on cutting costs and increasing efficiency, CIOs expect the cloud to overtake mobile developments as the second largest driver of transformation at their organisations behind data analytics, according to CIO UK’s CIO Priorities survey. But with clear mobile strategies which are in the deployment and pilot stages, the UK’s business technology leaders are anything but ignoring the current mobility explosion. read more

The Key Facts

CIO UK, in association with Intel, gathered the views of more than 150 UK business technology leaders to understand their management, technology and business priorities for 2013. read more

Cisco says sales of servers and data centre switches are gaining with the company's play for overall IT leadership

Data centre and wireless sales led growth at Cisco Systems in its fiscal third quarter, as it saw customers spending more in the US and developing countries but reported continuing weakness in Southern Europe. read more

However, there was a five percent dive in sales for the year to £18.25 billion

BT has beat analyst expectations and posted a yearly profit of £2.5 billion, despite modest sales figures for its final quarter and year-end to March 31, 2013. read more