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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Bucky Katt who wrote (12039)12/31/2002 4:21:35 PM
From: Silver_Bullet   of 13094
 
My question is when does this start to affect the top line of American Corporations. Many corporations still to a majority, the biggest portion, of their business in America because the American buys stuff!

IBM

In the Americas, third-quarter revenue was $9.0 billion, a decrease of 1.5 percent (flat at constant currency) from the same period last year. Revenue from Europe/Middle East/Africa was $5.7 billion, up 0.6 percent (down 8 percent at constant currency) . Asia-Pacific revenue increased 3.4 percent (2 percent at constant currency) to $4.3 billion. OEM revenue across all geographies was $867 million, a 0.8 percent increase (1 percent at constant currency) compared with the third quarter of 2001.

Americas make up 47% of IBM's Sales

IBM outsources much to India, (lowcost programming) like Mexico is low cost assembly.

MSFT

36% of all sales in the last Quarterly report come from "the Americas" and they didn't break down the 36% to OEM's by region. Dell, HP, GTW come to mind as big OEM'ers for MSFT.

Maybe I'm missing the future completely. Maybe other cultures will step up and spend like Americans. In that case the Corporations that we invest in or Trade will not be impacted negatively on the top line in the future for outsourcing.

EDIT - When I reference other cultures I am speaking of those that are "low cost" sources of labor not European cultures.

FT
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