Archive for January 18th, 2007

Thursday, January 18th, 2007

IBM Q4 Earnings Release: Long-term Outlook Good, Short-term Bad

IBM released earnings after the bell today and the news was largely good. Revenue rose 7.5% to $26.4 billion and profit was up $3.54 billion, or $2.31 a share, up from $3.19 billion last year. That was slightly above “expectations”, but press has been glowing of late (another great IBM article was in […]

1 Comment » - Posted in General, Performance, News by Greg

Thursday, January 18th, 2007

Great IBM discussion spurred by the ‘Father of WebSphere’s’ Defection to Microsoft

There’s a nice discussion over at slashdot spurred by the defection of Don Ferguson, the man behind WebSphere, to Microsoft. The discussion can be summed up by the following:

what kind of person leaves IBM to go to the evil empire?

IBM management is out of touch and IBM is a sinking ship (I know that […]

No Comments » - Posted in General, Community, People, News by Greg