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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (445937)1/8/2009 11:40:44 AM
From: i-node  Read Replies (1) of 1575759
 
>> .IBM has an gargantuan product portfolio.

Yes, and over the years, they have left tons of money laying on the table.

It is a great company, don't get me wrong. And profitable. For many years. So, that's good.

But they could have done so much more.

With just a tiny bit of corporate vision -- the very thing you're bashing GM about -- IBM could have done precisely what MSFT, ORCL and DELL in the last 20 years. But, no. The world wide demand for computers was maybe 5, right?

Again, IBM does fine at what it does. But they lack vision every bit as much as GM does.

If they were burdened with having to pay people to stay at home, to pay their 400,000 employees 6-8x what the market rates for their salaries are, what do you think that would do to their profit margin? If you restated their balance sheet for cumulative effect over 30 years of overpaying employees, what do you think THAT would look like?
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