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.
More Quotes from Louis Gerstner:
On a positive note, our services business continued to overtake the Y2K pause that pressured the first half of the year, ... Our PC business rebounded strongly, with particularly good demand for our server and ThinkPad products. In addition, our business in Asia continued to grow strongly.Louis Gerstner
The next thing is: we can make IBM even better. We brought IBM back but we're gunning for leadership.
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
I would admit to you that we could take some credit, but there's a fair amount of luck in that too,
Louis Gerstner
In each instance, Sam has done far more than manage operations effectively, ... He has made it both his personal mission and that of IBM to become the number one competitor in each of these markets. Sam's unique mix of strategic vision, passion and discip
Louis Gerstner
In 2001, the company faces concerns that economic softness in the United States could worsen and expand into non-U.S. markets, ... Increasingly aggressive price competition and the potential effects of ongoing adverse currency movements are other areas of volatility.
Louis Gerstner
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