Most software makers, led by Microsoft, to post strong results for latest quarter
Article Abstract:
The majority of software vendors are expected to post strong financial results for the quarter ended Dec 31, 1994. The robust growth is due to the continuing move towards office automation, strong PC sales and increased game sales during the 1994 holiday season. Microsoft Corp has succeeded in taking more market share away from Lotus and Borland by dropping the price of its Office software suite. Microsoft is expected to post earnings of $364 million and revenues totalling $1.45 billion. Borland is expected to post a loss of $20 million for the quarter, with revenue coming in at $60 million. The company is suffering from slow sales and stiff competition from Microsoft. Lotus expects a fourth-quarter net of $17 million, in contrast to a net of $30 million one year earlier. The company's earnings have suffered from weak sales in Europe and competition from Microsoft.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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Prime Computer is expected to unveil new design software to boost its business
Article Abstract:
Prime Computer Inc's $24,500 CADDS 5 CAD/CAM software is expected to boost the computer software publisher's highly leveraged business. Industry observers who have seen the software say it will bring Prime Computer back into the running in a $7.7 billion software market that is currently dominated by IBM and Intergraph Corp. Prime Computer hopes its new product will boost sales and improve its financial position. The company reported an 8.1 percent drop in revenue and a $11.8 million operating loss for the 1st qtr ended Mar 31, 1991. CADDS 5, which is expected to go on sale in the fall of 1991, is the first total rewrite of the CAD/CAM software in ten years.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1991
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