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WebLogic News Desk IBM: You See an Outline Emerging Here?
Jim Cramer calls for the head of IBM CEO Sam Palmisano because of the company's stuck-in-a-rut stock price
Apr. 25, 2007 10:15 AM
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Connect these dots. Jim Cramer calls for the head of IBM CEO Sam Palmisano because of the company's stuck-in-a-rut stock price. The Wall Street Journal runs a profile, complete with sketch, of IBM software boss Steve Mills, the man now making the lion's share (40%) of IBM's pre-tax profits. IBM reports its first-quarter results Tuesday in which everything including services is unexciting except software, which helped along by acquisitions, was up 9% to $4.3 billion in revenue. There are concerns about weaker US enterprise spending as well as execution. Even software saw some margin deterioration and slowing growth in key branded middleware like WebSphere and Tivoli. IBM's stock drops three bucks.
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The...
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A new episode of the screencast series is now available at the OpenNebula YouTube Channel.
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