Today in Tech: Earnings season; Kim Dotcom's new venture; iPhone prices

IT Services earnings season

All the four major IT Services companies have declared their results. A short analysis in Mint points out that of the four, three have done well, and the fourth hasn't. “Wipro continues to underperform and still has to catch up,” it says. Unlike the others its volumes have dropped. Wipro CEO TK Kurien, in an interview to Business Line says that it’s a long term game and results should not be look at on a quarter-to-quarter basis.

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When Infosys CEO SD Shibulal said during a press conference last week that the company aims to be ‘one of the margin leaders’ in the industry, a journalist pointed to the subtle change in the phrase. Infosys has always said it wants to be the margin leader. A report in Business Standard says that TCS is set to become the most profitable IT services company in the country for the first time on a full-year basis in 2012-13.

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"If you look at the industry, the biggest lever for industry comes from growth. Cost cutting will only take you to some level. Revenue growth is very important. If you get the growth, cost issue will automatically get addressed." Thus V Balakrishnan in a CNBC interview. For long, he had a reputation for leaning too much towards conservatism - often, his critics say, at the cost of growth. This, then is the clearest public signal that he is getting used to his new role pretty fast.

The return of Kim Dotcom

"This is not some kind of finger to the U.S. government or to Hollywood," Kim Dotcom told Reuters referring to his new site Mega, which offers a free service of 50 gigabytes of storage.  Otherwise, his message was pretty clear. He launched his service exactly a year after his arrest. "The launch event at his mansion was over the top", WSJ reports, "and included a mock raid, complete with an "FBI" helicopter, scantily clad bodyguards and a traditional Maori performance group."

Where should you buy your iPhone? Recently WSJ had a piece that compared iPhone prices across different markets. I added India prices to the list, and this is how it looks.

Also of interest

• Ex-Microsoft Exec Trashes Former Employer — at a Microsoft Event | Bloomberg
• WikiLeaks Alleges Relationship With Web Activist Aaron Swartz | AllThingsD
• How particle physics could make recommendation engines smarter | ExtremeTech

The thoughts and opinions shared here are of the author.