Both sales and net profit at Computer 2000 parent Tech Data have dropped in a torrid second quarter in which its performance failed to match predictions.
The US-headquartered broadline distie turned in net revenues of $5.96bn (£3.78bn) during the three months to the end of July, down 8% year-on-year. Three months ago it predicted this figure would be flat.
Included within the sales figures are $102m worth of prior year sales at its Brazilian and Colombian operations, which it dumped at the end of its financial year, while changes to vendor warranty services and some fulfillment contracts brought down European revenues by $97m.
Note that without these various impacts, sales would actually have increased slightly, Tech Data said in its results statement.
Unless IT departments can get to grips with BYOD quickly they face becoming divorced from the rest of the staff as they get left behind.
The warning has been sounded by Hornbill Service Management which has been investigating the impact that the surge of tablets and smart phones has been having on business users.
IT infrastructure company SCC has become the first supplier on the government’s CloudStore to win pan-government security accreditation.
"The PC market remains weak and channel inventory remains high ahead of new product releases."
Hewlett-Packard has warned that its channel is holding unacceptably high levels of PC and printing inventory and said it will look to take action to ease the situation.
Hewlett-Packard has posted an enormous $8.9bn (£5.6bn) loss in the third quarter of its fiscal 2012 after taking a hammering on its PC business, booking a massive write-down on its 2008 acquisition of EDS and continuing to struggle with Autonomy.