*NEWS*BIG BLUE(IBM)RIDES A BIG WAVE

  • ncc-banner-902-x-177-june-2017
  • 05 02 2016 429716a-cig-clearchoice-banner-902x177
  • mse-big-banner-new-03-17-2016-416716a-tonernews-web-banner-mse-212
  • 4toner4
  • 2toner1-2
  • banner-01-26-17b
  • ces_web_banner_toner_news_902x1776
  • cartridgewebsite-com-big-banner-02-09-07-2016
  • Print
  • clover-depot-intl-us-ca-email-signature-05-10-2017-902x1772
Share

*NEWS*BIG BLUE(IBM)RIDES A BIG WAVE

 user 2004-02-08 at 11:44:00 am Views: 107
  • #5005
    Big Blue Rides a Big Wave
     The tech giant is Being propelled by higher tech spending and a shift toward one-stop shopping for hardware, software, and services

    As goes corporate computer spending, so goes IBM. At least, that’s what aficionados of what may be the technology business’ most co-dependent relationship are banking on.

    IBM’s $7.6 billion in net income in 2003 (up 12%) on $89 billion in revenue (up 10%) came primarily from corporate sales. That upturn ended a three-year drought during which business tech buying had stagnated, says Steve Paspal, senior research analyst at Sovereign Asset Management in Berwyn, Pa.