Microsoft's earnings don't reassure
Microsoft's profits increased by 2% for the quarter ending Sept. 30, according to financial results released yesterday. Net income rose from $4.3 billion to $4.4 billion year over year, and total revenue was up from $13.8 billion to $15 billion -- a 9% increase.
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The company started the quarter expecting a recovery in the second half of 2008, but it's now reining in expectations. CFO Chris Liddell told reporters that Microsoft, like other companies, sees "a high degree of uncertainty" in the economy. The company said it will cut spending on data center expansion, hiring, travel and other expenses, adding up to $500 million in savings.
Cisco warns of appliance vulnerabilities
Cisco Systems is warning users about multiple flaws in its ASA 5500 Series and PIX security appliances that attackers can use to bypass security controls and gain access to critical systems, SearchSecurity.com reported yesterday. The appliances provide network security features to address VoIP security, VPN connections for remote employees and firewall services.
Cisco's advisory warned of a Windows NT domain authentication bypass vulnerability, IPv6 denial of service flaw and crypto accelerator memory leak vulnerability. The vendor released updates correcting the problems and said workarounds are available for some of the flaws.
Ingram Micro pushes data analytics
Ingram Micro this week previewed the launch of its Marketing 3.0 campaign. The distributor described the campaign as a combination of data analytics and channel marketing expertise that creates a data-driven approach for vendors and solution providers. Nearly 500 partners got an early look at the company's annual Marketing Symposium in Anaheim, Calif. Last week, Ingram Micro CEO Greg Spierkel and COO Alaine Monie urged VentureTech Network partners to use data analytics in their marketing campaigns to save more money and better measure their success.
Open-Xchange launches collaboration appliance
Continuing its push to displace Microsoft Exchange Server, Open-Xchange this week launched a collaboration and email server for small and medium-sized businesses. The initial cost would be less than $70 per user per year, according to the Tarrytown, N.Y.-based company.
The Open-Xchange Appliance Edition server software comes with the Debian Linux operating system, email, calendar and document sharing, contact management, tasks, backup and recovery, antispam, antivirus and Samba file and print services. Connectors for Microsoft Active Directory are also included. The software will be available Nov. 5 from the Open-Xchange Online Shop. List price for 10 users, including updates and patches, is $675 for the first year and $168.75 for each subsequent year.
Check out yesterday's IT channel news briefs.