Clearly we are suffering from hyper-growth, over-investment and expansion of the dot-com bubble,
More Quotes from Sam Palmisano:
Why IBM We have tremendous expertise. One of the reasons we can drive phenomenal efficiency around the world is because we've made IBM an e-business.Sam Palmisano
We're seeing people planning for next year around the world to begin to take up spending in IT, ... We haven't seen that in the past couple of years. That's modest growth, but still, it's better than people reducing their spending.
Sam Palmisano
I've been here for 33 years. I understand. This was a very, very hard thing for me to do personally.
Sam Palmisano
Dell is outperforming us. We're doing better than Compaq, but we're hanging in there. We're trying to make sure in this business we're not losing a lot of money, ... It's not hurting us economically, it's not impacting our earnings per share, but we're not doing what Dell is doing in the industry.
Sam Palmisano
IBM had a good quarter. It showed the strength of our business model across hardware, software and services.
Sam Palmisano
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I think you can learn as much from success as you can from failure.
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We never respect those who amuse us, however we may smile at their comic powers.
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