Jim -
Did you read the CPQ earnings report? It doesn't say what you say... I can't believe you have even looked at press reports on CPQ earnings, based on the serious errors in your post.
CPQ not making money in the rapidly growing PC consumer market
CPQ said the opposite:
Segment operating income was $65 million, an increase of 38 percent sequentially and 51 percent from the third quarter of 1998
CPQ's enterprise sales growth is negative 15% .
Again, CPQ said something different:
In the Enterprise Solutions and Services Group, revenue was $4.9 billion, up 12 percent from the third quarter of 1998 and flat sequentially. Segment operating income was $599 million, an increase of 56 percent sequentially and 87 percent from the third quarter of 1998.
Service revenue growth is stalled.
maybe 7% growth is "stalled" - I'm not overwhelmed by their services story at the moment.
They have a miniscule professional services business showing moderate growth.
CPQ said:
Compaq Professional Services growing 17 percent from the third quarter of 1998.
Services as a whole was over $4.8B YTD which should get them to more than $6B for the year. This does not include the "break-fix" services which are a field pass through in consumer, desktop, and volume PCs. In terms of professional services, what is your benchmark? DELL? Surely not.... talk about "miniscule" professional services.
Looks to me like DELL is successfully moving upstream in the Enterprise market.
There is no evidence of this that I can see, and certainly none in your post.
Jim, I am really disappointed in your posts both here and on the DELL board. You used to make at least an attempt at a facts-based discussion. I can't understand what you are trying to do now. Your posts are useless as investment discussion. |
