Part of the weakness has to do with global IT demand. This is a moderately negative signal about the tech spending outlook. But it's clearly more than just IBM. -Richard Petersen

 

Part of the weakness has to do with global IT demand. This is a moderately negative signal about the tech spending outlook. But it's clearly more than just IBM.


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This quote is just one of 9 total Richard Petersen quotes in our collection. Richard Petersen is known for saying 'Part of the weakness has to do with global IT demand. This is a moderately negative signal about the tech spending outlook. But it's clearly more than just IBM.' as well as some of the following quotes.

Part of the weakness has to do with global IT demand. This is a moderately negative signal about the tech spending outlook. But it's clearly more than just IBM.

Richard Petersen

Expectations are pretty low. That's a positive.

Richard Petersen

The biggest driver to earnings is always software. If that business does better, that's good for IBM.

Richard Petersen

It's overall a mixed bag. The margins on the earnings were better than expected. The top line was worse than expected.

Richard Petersen

I have a job to do, I'm an officer in the Army, and I've got my duty to do. We're truck drivers, we're targets -- big moving targets -- and it's scary.

Richard Petersen