> On Jan 30, 2010, at 6:18 PM, Michael Smith wrote:
>
> > IBM is a revenant, a barely-animated
> > mummy.
>
> With a market cap of $160b, sales of $96b, and an operating margin
> of 19%. And its net income at around $13b is just a hair under
> Microsoft's. Its sales are the highest in the industry, almost $50b
> ahead of HP's. If that's barely animated, who's alive?
You're hearing the twittering of the Munchkins from me. I was speaking from a technoid's point of view, not a business-pager's. From that point of view, IBM is a joke -- or no, it was a joke a generation ago; now it's just an old wives' tale. It survives on its legacy customers -- people who can't afford to migrate, and have to make the best of that crummy old iron they made that big bet on twenty years back.
--
Michael Smith mjs at smithbowen.net http://stopmebeforeivoteagain.org http://fakesprogress.blogspot.com