Bob Djurdjevic
Bob Djurdjevic
business losing tells together
You put it all together and what it tells me is they're losing more business than they're selling. And that's a worrisome sign.
blue drill fingers good investors leaking predicted reason rehearse says ship sinking voting
The Big Blue ship is leaking and creaking, and the new skipper says there's no need to change, ... Just keep those fingers plugged in the leaks, as we rehearse the sinking ship drill at Armonk. Well, investors think there is good reason to change. They are voting with their feet, just as we predicted back in January.
hearing pitch sales
That's been the sales pitch I've been hearing from all these companies.
path saw slow today
The way I would characterize what I saw today is, they're on a slow path of improvement. It's not a sprint.
exactly ibm time
This is exactly what IBM went through during that time frame.
budgets cannot capital cutting feeling pinch services small spending trouble
These companies, in their own way, all are in trouble and cutting back their capital spending and budgets, and that's why the IT services vendors are feeling the pinch as well, ... That cannot be said of the small and medium-sized enterprises, which is typically Sun's bread-and-butter marketplace.
ibm prior structure
Prior to 1994, IBM didn't have the kind of structure it has now. They also had silos,
company decline degree severity vary
Only the degree of severity of the decline will vary from one company to the next.
hardware ibm rest rid
They got rid of a dud, so the profitability of the rest of IBM hardware can now shine.
business constant hardware ibm increased pc rest rid
They got rid of a dud so that the profitability of the rest of IBM hardware can now shine. Hardware revenues without the PC business increased 6% or 9% in constant dollars.
hardware ibm rest rid
They got rid of a dud so that the profitability of the rest of IBM hardware can now shine.
additional existing expect meet ongoing saying source thanks
What he is saying is we expect to meet the expectations thanks to this additional source of revenue, not from our existing ongoing operations,
biggest billion business contract decline drop fourth global ibm losing means results services unit
Global Services results are disappointing, especially a $2 billion drop in its backlog in the fourth quarter. And a 9% decline in new contract signings? That means that the biggest IBM unit is losing more business from its backlog than it is signing.
quarter
Overall, you can say the quarter was on the mark,