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Lenovo’s PC business is soaring. Microsoft is updating Azure services. And Dell is spinning off VMware.
That’s some of the week’s top 5 IT industry new stories reported by CRN. Here’s your tech provider’s roundup:
Lenovo PC Sales Soar in Q2 to $15.3 Billion
Led by bread-and-butter PC sales, Lenovo’s Intelligent Devices Group saw revenue soar 21% in the company’s second quarter, reaching $15.3 billion. This PC sales spike also drove Lenovo’s overall Q2 revenue to $17.9 billion, an increase of 23% over the year-earlier quarter. Net income for the quarter also rose, hitting $512 million, a 65% jump.
10 Big Microsoft Azure Announcements at Ignite 2021
During the second virtual edition of Microsoft’s Ignite conference, the company updated nearly a dozen of Azure cloud solutions. These include Azure Arc, Azure Active Directory, Azure Synapse, Azure Cognitive Services and Azure SQL.
5 Things to Know about Dell’s VMware Spinoff
Dell has shed its 81% stake in VMware, creating an independent software company worth some $64 billion. Here are the top 5 things investors and others should know about the deal.
HPE CEO says GreenLake ‘On Fire,’ Ups Recurring Revenue Forecast
CEO Antonio Neri (pictured below) told Wall Street analysts, “Customers are coming to us….Our pipeline is just amazing.” HPE is now forecasting a three-year compound annual growth rate of 35% to 45% for annualized recurring revenue, up from its prior forecast of 30% to 40%.
Microsoft 365 Monthly Pricing Backlash: Solution Providers Protest ‘Punitive’ Fee
More than 900 people have signed an online petition opposing a 20% fee on month-to-month Microsoft 365 subscriptions. The increase is expected to take effect in March 2022.
