Archive for April, 2008
Friday, April 25th, 2008
IBM is the World’s 13th Most Profitable Company
Per Fortune Mag:
Fortune 500 rank: 15
2007 profit: $10.42 billion
Profit at the technology-services giant climbed 10% during 2007, driven by software sales.
A series of software company acquisitions made since 2003 added to IBM’s revenue.
Growth in Asia and emerging markets also drove 2007 results.
Nothing exciting here, but the recognition is always nice.
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1 Comment » - Posted in News by Greg
Sunday, April 20th, 2008
Investors rush in to IBM
I thought it worth noting that on Thursday, IBM’s shares hit $123.72, their highest price since 2002. The night before, IBM said that its first-quarter profit jumped 26 percent raising its full year outlook accordingly. It was the second strong quarter in a row for IBM. Folks have upgraded IBM with analyst Peter […]
No Comments » - Posted in Performance by Greg
Wednesday, April 16th, 2008
Is IBM Particularly Good at Acquisitions?
Cicso used to be held up as the best example of a company that was “good” at making acquisitions. There are a lot of things that can go wrong, particularly in the software & services fields where the people are the real asset being acquired. Picking the right target, making sure that the […]