IBM installs 1,000th G5 - lot more to go with a 70% market share
How high can IBM's share price rise ?
Consider Dell's average sale is $2,400 and IBM's is $2.5 million per sale ! These G5 sales should keep IBM's share price advancing !
" IBM's G5-Series Are Fastest-Shipping Mainframes Ever
SOMERS, N.Y. (Reuters) - IBM has shipped 1,000 of its latest generation of mainframe computers since it first introduced the machines in August, the fastest uptake of mainframes in company history, it said in a statement.
''Customer acceptance of the S/390 G5 Server has been strong,'' David Carlucci, general manager of International Business Machines Corp. (NYSE:IBM - news)'s mainframe computer division, said of the milestone, referring to the company's new G5 series of its S/390 mainframes. "
dailynews.yahoo.com
" Prices for the machines run about $5,000 for each MIP of capacity, the sources estimated, meaning the average machine has sold for somewhere in the vicinity of $2.5 million.
IBM estimates as much as 70 percent of the world's computer data resides on computers built by the company, with the majority of it located on IBM mainframes. "
Jim K. |
