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That’s promising?? However, its the following that concerns me:
"CodeGear was sequentially flat, but well below our expectations. We are focused on stabilizing this business and reducing our reliance on CodeGear to achieve ongoing growth and profitability. However, CodeGear’s performance did impact our second quarter results and will affect our ability to achieve our internal goals for the fiscal year. As a result, we are reducing our annual overall revenue guidance, but we remain committed to our goal of achieving profitability in the second half of the year," Nielsen added.
"The Enterprise segment, which consists of ALM and DPG products, reported GAAP operating loss of $12.2 million and non-GAAP operating loss of $7.7 million and the CodeGear segment reported GAAP operating income of $1.3 million and Non-GAAP operating income of $1.9 million for the second quarter of 2007."
It looks like CodeGear is not profitable enough to offset losses in the rest of Borland, nor is it profitable enough to imply a sales price that would put much of a dent in those losses either. If executives followed any kind of logic we could probably conclude something interesting from those facts. My guess is that those profits are too small for CodeGear to do what it wants or needs to do, or what we developers want it to do, but enough to keep CodeGear from sleeping with the fishes. In other words, more of the same.
I personally have a huge codebase in Delphi, so I have a big personal interest in what happens with CodeGear. My career is being liberated from Borland over time, a move that will probably make it easier to keep making my mortgage payments, adn will definitely make my wife happy. I can’t move all around this planet just to find Delphi jobs. I’m not a young, single guy.
As far as Delphi in the workplace, I think that dog doesn’t hunt anymore. CodeGear is too little to properly address that market, so it should address one-man development shops and entrepreneurial startups. That’s where I’ve seen the only real strength in Delphi lately anyway. Who shows up at Delphi user group meetings lately? One-man development shops and entrepreneurs that had an idea that they could make into a reality using Delphi, that’s who.
CodeGear should play to their strengths and forget about corporate America and their primates in expensive business suits.
1. Congratulations in the increased profitability!
2. Can you tell me in lay terms what Nielsen is actually saying here? (He sounds like a double talking bag of $#%2.)
"CodeGear was sequentially flat, but well below our expectations. We are focused on stabilizing this business and reducing our reliance on CodeGear to achieve ongoing growth and profitability. However, CodeGear’s performance did impact our second quarter results and will affect our ability to achieve our internal goals for the fiscal year. As a result, we are reducing our annual overall revenue guidance, but we remain committed to our goal of achieving profitability in the second half of the year," Nielsen added.
It sounds to me like he is blaming CodeGear for the poor performance of the company. Huh? What? Stabilizing? If you cannot clarify this, please have Nielsen do it himself. This quote is the biggest pile of mumbo-gumbo I have ever heard.
Keep up the good work at CodeGear. The sooner you guys ditch Borland the better off you will be.
John Jacobson, I completely agree with you about where the market strength of Delphi is. Expanding the Delphi customer base will require attacking additional specialized niches. Gaining in the corporate market is going to be an extremely tough battle.
Nick, perhaps you could work with the FreePascal team to add a FreePascal personality to the IDE for cross-platform compilation, go after the high school education market and also Apple OSX developers. If you cannot find additional niches, it will just be a matter of time before the plug is pulled. For example, an interesting new niche is being created by TwinForms for C++ Builder => http://www.twinforms.com/
Mumbo-Jumbo? I think that I have a better word for it. Paul used this word in Philippians 3:8. It’s usually translated as rubbish, but I think we all know what the proper translation is.
In the same way, it’s rather easy to translate what Tod has to say. Have you ever been in a bad dream that you just cannot wake up from?
2. Bible. A live goat over whose head Aaron confessed all the sins of the children of Israel on the Day of Atonement. The goat, symbolically bearing their sins, was then sent into the wilderness.
I am a little confused..CodeGear was below expectations..Borland is reducing its reliance on CodeGear to achieve growth..CodeGear affected 2nd qtr results..as a result Borland reducing annual revenue guidance.
That’s promising?? However, its the following that concerns me:
"CodeGear was sequentially flat, but well below our expectations. We are focused on stabilizing this business and reducing our reliance on CodeGear to achieve ongoing growth and profitability. However, CodeGear’s performance did impact our second quarter results and will affect our ability to achieve our internal goals for the fiscal year. As a result, we are reducing our annual overall revenue guidance, but we remain committed to our goal of achieving profitability in the second half of the year," Nielsen added.
August 9th, 2007 at 2:51 pmHe makes it sound like Codegear is "a parasite" the Borland can’t shake!
Why would he make a public statement to that effect… did he think that would help calm the restless CG proponents?
August 9th, 2007 at 2:54 pm"The Enterprise segment, which consists of ALM and DPG products, reported GAAP operating loss of $12.2 million and non-GAAP operating loss of $7.7 million and the CodeGear segment reported GAAP operating income of $1.3 million and Non-GAAP operating income of $1.9 million for the second quarter of 2007."
It looks like CodeGear is not profitable enough to offset losses in the rest of Borland, nor is it profitable enough to imply a sales price that would put much of a dent in those losses either. If executives followed any kind of logic we could probably conclude something interesting from those facts. My guess is that those profits are too small for CodeGear to do what it wants or needs to do, or what we developers want it to do, but enough to keep CodeGear from sleeping with the fishes. In other words, more of the same.
I personally have a huge codebase in Delphi, so I have a big personal interest in what happens with CodeGear. My career is being liberated from Borland over time, a move that will probably make it easier to keep making my mortgage payments, adn will definitely make my wife happy. I can’t move all around this planet just to find Delphi jobs. I’m not a young, single guy.
As far as Delphi in the workplace, I think that dog doesn’t hunt anymore. CodeGear is too little to properly address that market, so it should address one-man development shops and entrepreneurial startups. That’s where I’ve seen the only real strength in Delphi lately anyway. Who shows up at Delphi user group meetings lately? One-man development shops and entrepreneurs that had an idea that they could make into a reality using Delphi, that’s who.
CodeGear should play to their strengths and forget about corporate America and their primates in expensive business suits.
August 9th, 2007 at 4:44 pmHi Nick,
Just make sure that those funds are invested back into CodeGear, that is a lot of money to make lot of good things to happen.
Keep the good work, we are noticing the difference.
August 9th, 2007 at 7:45 pmNick,
1. Congratulations in the increased profitability!
2. Can you tell me in lay terms what Nielsen is actually saying here? (He sounds like a double talking bag of $#%2.)
"CodeGear was sequentially flat, but well below our expectations. We are focused on stabilizing this business and reducing our reliance on CodeGear to achieve ongoing growth and profitability. However, CodeGear’s performance did impact our second quarter results and will affect our ability to achieve our internal goals for the fiscal year. As a result, we are reducing our annual overall revenue guidance, but we remain committed to our goal of achieving profitability in the second half of the year," Nielsen added.
It sounds to me like he is blaming CodeGear for the poor performance of the company. Huh? What? Stabilizing? If you cannot clarify this, please have Nielsen do it himself. This quote is the biggest pile of mumbo-gumbo I have ever heard.
Keep up the good work at CodeGear. The sooner you guys ditch Borland the better off you will be.
John Jacobson, I completely agree with you about where the market strength of Delphi is. Expanding the Delphi customer base will require attacking additional specialized niches. Gaining in the corporate market is going to be an extremely tough battle.
Nick, perhaps you could work with the FreePascal team to add a FreePascal personality to the IDE for cross-platform compilation, go after the high school education market and also Apple OSX developers. If you cannot find additional niches, it will just be a matter of time before the plug is pulled. For example, an interesting new niche is being created by TwinForms for C++ Builder => http://www.twinforms.com/
August 9th, 2007 at 9:11 pmTom,
August 10th, 2007 at 7:00 amMumbo-Jumbo? I think that I have a better word for it. Paul used this word in Philippians 3:8. It’s usually translated as rubbish, but I think we all know what the proper translation is.
In the same way, it’s rather easy to translate what Tod has to say. Have you ever been in a bad dream that you just cannot wake up from?
scape·goat (skap’got’)
n.
1. One that is made to bear the blame of others.
2. Bible. A live goat over whose head Aaron confessed all the sins of the children of Israel on the Day of Atonement. The goat, symbolically bearing their sins, was then sent into the wilderness.
I am a little confused..CodeGear was below expectations..Borland is reducing its reliance on CodeGear to achieve growth..CodeGear affected 2nd qtr results..as a result Borland reducing annual revenue guidance.
Do I hear "heeeheeeeheee"?
IDL
August 10th, 2007 at 10:51 amBorland ALM/DPG groups LOST 12.2./7.7M$
CodeGear IDE group MADE 1.3/1.9 M$
"CodeGear was well below our expectations"
I don’t think CodeGear will EVER be able to cover the losses on the "stuff" coming out from the other groups…
August 31st, 2007 at 3:16 pm