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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (2331)1/21/1998 2:32:00 PM
From: tom pope  Read Replies (1) | Respond to of 9256
 
This is all there was in the press release. Haven't seen any reference to possible clarifying spoken comments from anybody at IBM.

>>Total hardware sales declined 1 percent (up 4 percent in constant currency) year over year to $11.5 billion. In as-reported terms, RS/6000, storage and semiconductor revenues increased while overall PC, AS/400 and System/390 revenues declined. On a constant currency basis, hardware sales increased in all key hardware lines, with the exception of the System/390 and consumer PCs.



To: Sam who wrote (2331)1/21/1998 4:17:00 PM
From: Z Analyzer  Read Replies (1) | Respond to of 9256
 
Sam, IMB's CFO qouted in Journal today saying HDD pricings pressures one of the reasons for lower profit expectations for March qtr