Tuesday, May 13, 2003
Once Derided for Dinosaur, I.B.M. Shows a T-Rex Bite
Once Derided for Dinosaur, I.B.M. Shows a T-Rex Bite "The big machines themselves account for a modest slice of I.B.M.'s sales these days, about $2.9 billion of total revenues of $81.2 billion last year. But when the related software, services, maintenance, finance and data storage businesses are included, the mainframe franchise represented 24 percent of I.B.M.'s revenues and 45 percent of its operating profits last year, according to A. M. Sacconaghi, an analyst at Sanford C. Bernstein & Company."