Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IBM -- Ignore unavailable to you. Want to Upgrade?

To: Elwood P. Dowd who wrote (4511)	1/22/1999 12:01:00 AM
From: art slott	Respond to of 8218

Unit sales were up, my mistake.

To: Elwood P. Dowd who wrote (4511)	1/22/1999 12:32:00 AM
From: Cobra	Read Replies (1) \| Respond to of 8218

<<<Give me the percentage by which pc sales were up. Til then, I'll stick to my story. Pc sales were down 2%.>>>> From WSJ "Hardware Sales Decline" The hardware business saw sales decline 2% to $11.3 billion amid weak revenue in its midrange RS/6000 and AS/400 computers, where customers postponed orders to await new models in both lines. IBM also saw a 60% decline in prices of DRAM chips. Hardware still generates about half of IBM's revenue and about a third of its profits, so any increase in demand ripples across the entire company's bottom line. IBM said its PC unit shipments to end-users rose 43% during the quarter, the best quarterly performance for the year. Despite that, "We still have a lot more to do to meet our objective of sustainable profit growth," Mr. Maine acknowledged.