| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 3275.1 | | BHAJEE::JAERVINEN | Ora, the Old Rural Amateur | Thu Jul 28 1994 11:08 | 1 |
| ...but didn't they make a billion or so profit in their last FY?
|
| 3275.2 | IBM Revenues up | STOWOA::MRUZ | | Thu Jul 28 1994 11:15 | 20 |
| I read an article in Financial News last week that said that IBM is
planning to reduce its employee population by 20,000 (or so) to 215,000
by the end of the calendar year. They may cut more or less depending
on "customer outsourcing plans and general busines conditions."
IBM also announced its earnings last week for their Q2. Earnings were
$689M ($1.14 per share). During the same period of last year, they
posted a loss of $40M ($0.08 per share) after restructuring charges.
Their revenues for Q2 of this year were $15.4B, which was an increase of
3% over Q2 of 1993 (after adjusting for the sale of IBM's Federal
Systems Company).
Geographically, revenues were basically flat except in AP where they
increased 14%.
Gross progit margins= 39.8% (39.7% last Q2)
I didn't read anything or hear anything about stored finished products.
|
| 3275.3 | IBM laying off 2,000 in PC div. | ENQUE::TAMER | | Thu Jul 28 1994 11:59 | 2 |
| CNBC reported this morning that IBM PC division was laying off 2,000
employees.
|
| 3275.4 | ibm to auction off excess PC inventory | HDLITE::MODI | | Thu Jul 28 1994 12:43 | 20 |
| Well, I hear they are also going to auction off their excess PC inventory.
From Boston Computer Society - New Hampshire Chapter Online News:
Date: Saturday, August 23, 1994
Viewing: 9:00-12:30 a.m.
Location Rolling Green Ramada Hotel (Exit 43 off Route 93).
Auctioneer: Ross-Dove in Woburn, MA (617-932-0605)
Auction starts at 1.00.
PC Week carried an article this week on page 8 stating that IBM is
dumping an excess inventory of 486 SX, DX, and DX2-based ValuePoint
PCs. This could be your chance to do very well on a new machine.
Machines include 4M or 8M of RAM, hard drives with 120M to 545M of
storage, and super VGA monitors. All new, factory-sealedboxes. "The
PCs have local-bus graphics and Pentium upgrade sockets, but became
obsolete when IBM released the ValuePoint Performance Series in May."
|
| 3275.5 | Won't compute... | BIRDIE::FERREIRA | | Thu Jul 28 1994 13:08 | 3 |
| re -1:
Saturday, August 23 ???
|
| 3275.6 | It was *last* Sat...*July* 23rd... | KELVIN::MARCHL::BLISS | Ralph Bliss MLO5-3/E35 dtn:223-4202 | Thu Jul 28 1994 19:43 | 1 |
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