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To: Golden Eagle

Well you and I will just have to disagree on that one..


76 posted on 04/02/2006 8:07:51 PM PDT by N3WBI3 (If SCO wants to go fishing they should buy a permit and find a lake like the rest of us..)
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To: N3WBI3

This is a much better article, source, and story. IBM looks to be in real trouble with their bet on "services" based on "free software", according to IBM itself.

IBM services unit seeks profit in smaller deals

http://yahoo.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?storyID=urn:newsml:reuters.com:20060403:MTFH25382_2006-04-03_19-28-26_N03308353&symbol=IBM.N&rpc=44

facing falling revenue from selling computer services...huge multibillion-dollar service deals become rarer among cost-conscious customers...IBM cut about 15,000 service jobs last year...fewer deals valued at $1 billion and higher...Revenue at the services division fell 5.9 percent...services gross profit margin, a key measure of profitability, was only 26 percent...IBM's software business, by contrast, had a gross profit margin of nearly 88 percent in 2005.

Yet they are pushing free software instead, how much more stupid could they be.


87 posted on 04/03/2006 9:59:17 PM PDT by Golden Eagle
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