Re: 5 straight quarters of negative sales growth

Apple dropped "Computer" from their name, becoming just Apple, Inc., this year, 
reflecting their transition into consumer electronics.



Quoting from IBM's quarterly report:

"IBM signed services contracts totaling $17.8 billion,
up 55 percent year over year, and ended the full year with an
estimated services backlog, including Strategic Outsourcing, Business
Transformation Outsourcing, Global Business Services, Integrated
Technology Services and Maintenance, of $116 billion, an increase of
$5 billion from the prior-year period."

I have a hard time thinking in terms of billions of dollars, but when you 
compare quarterly service contracts of $17.8 billion, and an annual services 
backlog of $116 billion, to annual System i revenue of approximately $2 
billion, you get a better perspective of where IBM's priorities lie.

We've heard it before, but the numbers support the notion that IBM has become a 
services company.  They could almost get away with dropping the "M" from "IBM", 
and just go with International Business, Inc.

Nathan M. Andelin






 
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