I think the visit is very important...very important for China and very important for the United States,
More Quotes from Louis Gerstner:
These results show the ongoing strength of our broad business portfolio, ... We saw very good customer response to our new System390 servers and continuing strength in services and hard disk drives.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,
Louis Gerstner
The next thing is: we can make IBM even better. We brought IBM back but we're gunning for leadership.
Louis Gerstner
Our second-quarter results are right in line with our expectations and with the view we've been expressing since last October, ... Essentially, we've had three quarters of slow revenue growth, driven by a combination of the Y2K slowdown and a series of actions we've taken to improve our business portfolio. During that time, however, we have been able to produce satisfactory earnings growth.
Louis Gerstner
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
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