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1 Aug 23

Updated: 1 Aug 23

Exertis exerted
amid evolution?

UK management reshuffle
involves 400+ job cuts 

Exertis, the DCC Group owned tech and business supplies distributor has replaced and cut significant numbers of staff in an organisational reshuffle. It seems to be reacting late to moves made by major vendors IBM, HP and major rivals TDSynnex and Ingram?-

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27 Jul 23

Updated: 27 Jul 23

RS Group growth
gains in reverse

CEO: "strong pipeline of
potential acquisitions..."

RS Group (aka Electrocomponents) reported weak demand in Q1'24 tp 30Jun'23  Sales declined with acquisitions and inflation softening the effect. New ceo Simon Pryce seemed confident about 2023/4, based on the acquisitions pipeline, not volume demand.

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27 Jul 23

Updated: 27 Jul 23

Samsung Mobile
& Chips slumping

Consumer Electronics OK

Galaxy 5G flip-phone flops

Electronics giant Samsung's new CEO Han Jong-hee reported slumping sales and profits in Q2'23, including weaker sales of the new Galaxy Z Flip phone. Chip sales declined caused by supply chain shortages and the continued China lockdown

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25 Jul 23

Updated: 28 Aug 23

Mighty Microsoft's

Azure Cloud high

CEO Nadella maintains
mass mobility momentum

Microsoft reported 'stronger' growth in Q4'23 in spite of IT hardware demand declining, following the explosive growth during Covid. Since ceo Satya Nadella took over 9yrs ago, the reinvented focus on personalisation, productivity & mobile tech via Azure Cloud & Dynamics business software, has produced powerful growth. 

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25 Jul 23

Updated: 28 Aug 23

Logi loses gains

from hybrid high

Video Collaboration down
but long term trend strong

Logitech International, the $4Bn+ personal tech accessories maker reported huge sales and profits falls from lower tech demand in large corporate enterprises, reversing huge gains during WFH/Covid highs. However, departing ceo Bracken Darrell (to Gamstop) interim replacement Guy Gecht seemed confident about video collaboration prospects through 2023/24. Report analysis here

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19 Jul 23

Updated: 19 Jul 23

IT wholesale giants
wield axe on jobs

Ingram follow TDSynnex as
US tech demand normalzes

IT wholesale giant Ingram Micro has made job cuts to US staff amid 'changing global and local market conditions'. Meanwhile, rival TD SYNNEX offered a voluntary severance package to employees this week, signalling the mass vendor layoffs may be trickling down to distributors

Details

19 Jul 23

Updated: 19 Jul 23

CDW: Computer
Demand Weaker

Prospects for VA services
to SMB market stronger

CDW the leading international provider of IT solutions to business, government, education and healthcare was the subject of review by Barclay's analyst, noting it sees improving software mix offset by macro and continuing PC demand weakness. CEO Christine Leahy sees brighter prospects in the small business market for its IT services 

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18 Jul 23

Updated: 18 Jul 23

Logitech unlocks

creators' potential 

Acquires custom designer
of intuitive, software tools

Logitech today has acquired a Finnish creator of custom consoles and software designed to make creative processes faster and more intuitive for streamers, creators and gamers. "This accelerates our software ambitions of enabling accessories to become smarter" says GM Ujesh Desai,  

Details

11 Jul 23

Updated: 11 Jul 23

Amazon union 
leadership split

Dissidents challenge
to force an election 

A dissident group within the Amazon Labor Union, the only certified union in the country representing employees, filed a complaint in federal court Monday seeking to force the union to hold a leadership election. It contends that Christian Smalls (pic), president of the union, has illegally postponed an election of top officers

Details

10 Jul 23

Updated: 10 Jul 23

PC demand down
from budget cuts

IDC downgrades f'cast
on devices and software

IT market researcher IDC reports that global PC shipments continued to decline in Q2'23. The analyst said it was due to weak demand and budget priorities. This chimes with outlooks provided by Microsoft, IBM, HP, but not VAR/distributors Synnex, Softcat & Compucenter?