Martin Schroeter – SVP and CFO Productivity for clients is a revenue reduction for us “In order to deliver productivity, and consistently, right, productivity for our clients is a revenue reduction for us, right, and we know that, that’s the … Continued
Martin J. Schroeter – Senior Vice President and Chief Financial Officer Watson adoption increasing “Over the last 12 months, the number of developers using Watson APIs is up over 300% and the number of enterprises we’ve engaged with has doubled. … Continued
International Business Machines (IBM) Management Discusses Q4 2015 Results Martin Schroeter Strategic imperatives represent 35% of revenue “Our strategic imperatives continued strong performance, up 26% for the year. This now represents 35% of IBM’s revenue. Our profit and margin reflect … Continued
International Business Machines (IBM) Presents at Barclays Global Technology, Media and Telecommunications Conference SVP for IBM Cloud, Robert LeBlanc Businesses are looking for insight on their data “I’ve met with several hundred clients around the world and you also listen … Continued
Fell short of our expectations “We always said this would play out over time, though this quarter we fell a little short of the revenue expectations we set for ourselves. The GBS transformation is taking longer as the market shifts … Continued
FedEx (FDX) Chairman Fred Smith said the company is performing well given the economic landscape “FedEx Corporation is performing solidly given somewhat weaker than expected global economic conditions, especially in manufacturing in global trade. Weather foreclosures, lower oil CapEx and … Continued
IBM at Citi conference Martin Schroeter – Senior Vice President and Chief Financial Officer if you go back, say, 20 years ago, we helped our enterprise-clients move from offline to online. We built for them a robust platform that enabled … Continued
Jeremy S., an investment analyst here in Southern California, has started to contribute to Avondale’s company notes database. Below are quotes from some of the calls that Jeremy has read this week. Bank of New York (BNY) CFO … Continued
Revenue essentially flat excluding currency “our revenue for the first half was over $40 billion. Operating net income was 6.7 billion and operating EPS was $6.75. Our revenue was down less than 1% in the quarter and essentially flat for … Continued
Steve Mills – Executive Vice President Software & Systems IT spending in financial services “So financial services companies are always a tale of cities. On one side they are trying to improve operational efficiency, that’s where they spend a huge … Continued