Recent Articles
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In the Face of Disaster, There Are No Competitors
Alan McDonald was just happy to see the sky on Thursday. The president of Allconnected, a solution provider in Simi Valley, Calif., had been driving around to attend to business when he realized that for the first time in days the haze from the devastating Southern California wildfires had given way to some blue. It…
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Spierkel, Ingram Venture Forth
Mike Vizard:The first thing I thought I’d ask you since we’re here at your event is, you know, there’s still a lot of choices among the distributors. I can go to any one of your competitors, low and high — and I won’t bother going through the list out of respect for your event —…
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Arrow, Avnet, Ingram Micro Report Higher Enterprise Sales
Arrow’s Enterprise Computing Sales Up 15% Arrow says profitability was not the best in the third quarter due to its product mix and investments. Avnet Q1 Revenues Grow on Acquisitions The distributor’s strategy calls for more acquisitions in key geographic areas such as Asia. Ingram Micro Q3 Sales Up 15% Asia-Pacific and Europe were particularly…
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Ingram Micro Q3 Sales Up 15%
Computing distribution giant Ingram Micro reported double-digit net income growth on strong sales for its third quarter. The Santa Ana, Calif. company earned net income of $72.4 million or 41 cents per diluted share, a 24 percent increase over the same period a year ago. Sales grew by 15 percent to $8.61 billion, from $7.51…
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Arrow’s Enterprise Computing Sales Up 15%
Arrow Electronics saw strong growth in its global enterprise computing solutions group in the third quarter, with sales climbing by 97 percent to $1.17 billion on a spate of acquisitions including KeyLink Systems Group and Alternative Technology. On a pro forma basis, sales increased 15 percent year over year for the distribution giant’s enterprise computing…
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Avnet Q1 Revenues Grow on Acquisitions
Distribution giant Avnet saw sales from its Technology Solutions group sales grow in its first fiscal quarter by 32.5 percent over the same period a year ago, jumping to $1.61 billion. In numbers from the quarter, which ended Sept. 29, the Phoenix-based distributor’s total revenue grew to $4.10 billion in the first quarter, an increase…