samuel j. palmisano – Shamskm: A site to exchange knowledge and solutions

IBM Turns 100

By Guest PostJune 16, 2011Technology100th anniversary, 1911, Baltimore, bharti enterprises, bridget van kralingen, california, China, cory booker, day of service, florida, Great depression, howard shapiro, ibm, ibm centennial, jeopardy, june 16, kevin maney, latin america, luis a lamassonne, mars corporation, maryland, miami, milestone, new york city, new york stock exchange, newark mayor, oldest living ibm alumni, opening bell, samuel j. palmisano, san diego, social security system, solar panels, steve hamm, sunil mittal, tsinghua university in beijing, university of chicago, upc code, wild ducks

*Chairman and CEO Samuel J. Palmisano Says Managing for the Long Term Will Drive Growth for Next 100 Years*

ARMONK, N.Y., – 16 Jun 2011: IBM today is marking the 100th anniversary of its founding on June 16, 1911. To celebrate the milestone, the company is releasing a book, “Making the World Work Better: The Ideas That Shaped a Century and a Company,” debuting a new film, “Wild Ducks,” and ringing the Opening Bell at the New York Stock Exchange.

During its first century, IBM has played a leading role in transforming business, science and society. The company’s history can be seen as a succession of key milestones – from investing in a research lab in the depths of the Great Depression, to developing the first hard disk drive that created the data storage industry, to working with the U.S. government to develop the Social Security System. It continued with such “big bets” as a radical new computing model, the System/360 mainframe; the invention of the UPC code; the invention of the IBM Personal Computer that launched the PC revolution; and the recent development of Watson, the computer that triumphed on the TV game show Jeopardy!. (more…)

IBM Reports 2010 Third-Quarter Results

By Guest PostOctober 18, 2010Technologyamerica, bric countries, business analytics, diluted earnings, growth markets, ibm, information management, intellectual property, lotus, microelectronics, middleware products, oem revenues, rational products, revenue, samuel j. palmisano, software, system x, tivoli, websphere

ARMONK, N.Y. – 18 Oct 2010:

Diluted earnings per share of $2.82, up 18 percent;
31 consecutive quarters of EPS growth, 13 of last 15 at double digits;
Full-year 2010 EPS expectations raised to at least $11.40;
Net income of $3.6 billion, up 12 percent;
Net margin of 14.8 percent, up 1.1 points;
Revenue of $24.3 billion, up 3 percent as reported, 4 percent adjusting for currency;
Growth markets revenue up 16 percent, 13 percent adjusting for currency;
BRIC countries revenue up 29 percent, 26 percent adjusting for currency;
Business analytics revenue up 14 percent;
Systems and Technology revenue up 10 percent, 11 percent adjusting for currency;
System z mainframe revenue up 15 percent; MIPS up 54 percent;
Software revenue excluding divested PLM operations, up 4 percent, 6 percent adjusting for currency; up 1 percent including divested PLM operations;
Services revenue up 2 percent, as reported and adjusting for currency;
Services backlog of $134 billion, up $5 billion quarter to quarter, down $2 billion adjusting for currency, and flat year over year. (more…)

Bharti Airtel and IBM Join Forces to Transform Emerging African Mobile Communications Market and Fuel Economic Development Across the Continent

By Guest PostSeptember 17, 20101 commentEconomy, Technologyafrican continent, african mobile communications, bharti airtel, bharti airtel limited, crowne plaza hotel, economic development, ibm, ibm research, Kenya, nairobi, samuel j. palmisano, spoken web, sunil bharti

NAIROBI, Kenya & ARMONK, N.Y. – 17 Sep 2010: In a move that will accelerate the transformation of African mobile communications and positively impact the speed of economic development across the African continent, Bharti Airtel Limited and IBM (NYSE: IBM) today announced the selection of IBM to manage the computing technology and services that power Bharti Airtel’s mobile communications network spanning 16 African countries.

An agreement is expected to be finalized in the fourth quarter.

(more…)

IBM Reports 2010 Second-Quarter Results

By Guest PostJuly 19, 2010Economy, Technology2010 earnings, africa, asia-pacific, chairman, Europe, gaap, generally accepted accounting principle, global services, gts, ibm, middle east, net income, revenues, samuel j. palmisano, second-quarter, total outsourcing services

ARMONK, N.Y. – 19 Jul 2010:

Diluted earnings per share of $2.61, up 13 percent;
30 consecutive quarters of EPS growth, 12 of last 14 at double digits;
Full-year 2010 EPS expectations raised to at least $11.25;
Net income of $3.4 billion, up 9 percent;
Pre-tax income of $4.6 billion, up 7 percent;
Pre-tax margin of 19.3 percent, up 1 point;
Revenue of $23.7 billion, up 2 percent, as reported and adjusting for currency;
Growth markets revenue up 14 percent; first-half revenue as large as total Euro zone revenue;
BRIC countries revenue up 22 percent;
Business Analytics revenue up 14 percent;
Software revenue up 2 percent, 6 percent excluding divested PLM operations;
Systems and Technology revenue up 3 percent;
Services revenue up 2 percent;
Services backlog of $129 billion, up $1 billion, adjusting for currency.

IBM (NYSE: IBM) today announced second-quarter 2010 diluted earnings of $2.61 per share compared with diluted earnings of $2.32 per share in the second quarter of 2009, an increase of 13 percent.

(more…)

Tag Archives: samuel j. palmisano

IBM Turns 100

IBM Reports 2010 Third-Quarter Results

Bharti Airtel and IBM Join Forces to Transform Emerging African Mobile Communications Market and Fuel Economic Development Across the Continent

IBM Reports 2010 Second-Quarter Results