Ibm
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Patently Nonsense
IBM, whose position atop of the ranks of companies with the most patents awarded each year never quite holds up upon inspection of their actual patents, is offering up another gem.While still not a match for their all-time title holder of absurd patents, the infamous “restroom scheduling” patent (see the story and great headline from CNET), IBM continues…
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The IBM LBO Continues…
[From last week’s IBM earnings announcement] Revenue up $1.8 billion for the quarter. Hard to tell what organic growth was but probably very low single digits. Repurchased $14.6 billion in stock and the number of outstanding shares down over 6% in the quarter. Debt to fund the buyback up $12 billion in the last six months (up…
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This is a Healthy Business?
IBM is out touting their profit growth prospects (perhaps in response to having been eclipsed by HP in both performance and absolute size?). They are outlining their potential earnings growth by 2010 on moderate expected revenue growth. Today’s WSJ reports: “Of the roughly $5 increase in earnings per share that IBM says is possible by 2010, 75 cents…