On the positive side, our services revenue grew by nearly $1 billion and this business made a major contribution to the company's earnings. Our software revenues showed good growth and the software gross margin improved for the fifth consecutive quarter. -Louis Gerstner

 

On the positive side, our services revenue grew by nearly $1 billion and this business made a major contribution to the company's earnings. Our software revenues showed good growth and the software gross margin improved for the fifth consecutive quarter.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?



This quote is just one of 9 total Louis Gerstner quotes in our collection. Louis Gerstner is known for saying 'On the positive side, our services revenue grew by nearly $1 billion and this business made a major contribution to the company's earnings. Our software revenues showed good growth and the software gross margin improved for the fifth consecutive quarter.' as well as some of the following quotes.

[IBM itself is very positive about the recent quarter.] We achieved good earnings results despite a number of challenges, ... We have been able to deliver consistent financial results because of the breadth and diversity of our overall business portfolio, which is unmatched in our industry.

Louis Gerstner
328

I would admit to you that we could take some credit, but there's a fair amount of luck in that too.

Louis Gerstner
308
Services is clearly the largest and fastest-growing portion of the information technology industry, and we continue to extend our leadership position each quarter, ... Our software business continues to gain momentum. -Louis Gerstner
230

Results from these areas more than offset revenue declines in some other segments, most notably our consumer PC business.

Louis Gerstner
183

We are facing a number of significant short-term issues, including an uncertain global economic environment, ongoing weakness in some parts of Asia and Latin America, and continued price pressures in semi conductors.

Louis Gerstner
171
On the positive side, our services revenue grew by nearly $1 billion and this business made a major contribution to the company's earnings. Our software revenues showed good growth and the software gross margin improved for the fifth consecutive quarter. -Louis Gerstner
149

The next thing is: we can make IBM even better, ... We brought IBM back but we're gunning for leadership.

Louis Gerstner
137