| Some 2K10 Goals by God's special grace n power |
- Paint entire house
- Set up entire downstairs including garage
- Reduce credit card debt by at least $2k
- Pay off any miscellaneous debt
- Most definitely get into a committed relationship
Most definitely send money to mom for a new car- Take time to develop relationships
- At least, 2 patents
- Aggresively work on developing iPhone App dev skills
- Create a webpage for DJing
- Expand my career breadth
- Visit London
- Join Toastmasters
- Create a will and a Power of Attorney 4 Healthcare
- Take complete control of soda drinking
- Work on taking a CPR class
SO, HELP ME GOD!
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| Some 2K7 Goals by God's special grace n power |
Finally buy some Nyja stocksGet a loaded Thinkpad or Sony VaioJoin MentorPlace n consistently mentorPut at least $2K in stocks apart from investment club contr. & 401kTake complete control of coffee
SO, HELP ME GOD!
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| Some 2K6 Goals by God's grace |
Have a white paper publishedWork on increasing payGet to the next band at workHelp renovate mom's placeGive mom n bro at least $*K each for weddingFinally visit Nyja!!!
Take a real estate class
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| My Videos |
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Go Getta. R. Kelly
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| Music I'm Feeling... |
- 2Face
- Ebenezer Obey
- KWAM 1
- Cassandra Wilson
- Pharell
- Ne-Yo
- T.O.K
- Don Moen
- D4L
- Teddy Pendergrass
- ColdPlay
- DMB
- Notorious B.I.G
- Delirious
- Dem Franchise Boyz
- Frank Sinatra
- Evanescence
- All-American Rejects
- Billie Holiday
- Seal
- Obesere
- KEM
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| Books I'm reading... |
Zero DebtThe Millionaire Next DoorThe Street Lawyer- African Women: Three Generations
- Communication, Sex & Money
- The J2EE Tutorial
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| Cities I Have Visited |
- ATL, GA
- Austin,TX
- Detroit, MI
- Houston, TX
- Charlotte, NC
- Corning, NY
- NYC, NY
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Wednesday, January 18, 2006
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3 main business units in IBM. Smart idea?
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 In the 4th quarter of 2005, IBM earned $3.19 billion, or $1.99 per share, on revenue of $24.4 billion, beating analysts estimate. This was without the adjustment of $267 million as a result of the company's decision to freeze its pension plans in 2008, a measure that has caused a lot of grumblings and possibly outcries in the future.
The worrisome part to me about the earnings was that the services revenue in the priod was $12 billion, down 5% from a year earlier. IBM in recent years decided to focus on systems, software and services, selling all its other business units - personal computing division being the latest. The problem with this new model is that over 50% of its revenue is from the services unit. This has made the company the #1 computer services company in the world, but what happens if services revenue declines? The company has a problem!
The realignment of its focus in few businesses was and is a smart idea in a way, but at the same time having 1 out of your 3 main business units producing over 50% of your revenue raises a lot of questions. If I was an investor in the company, I would be quite worried. But maybe I wouldn't. It's IBM, they've weathered innumerable storms in almost a century and that's why I have a great admiration for the behemoth.
However, I hope the company finds a way to create a revenue balance among its business units.
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posted by Just Thinking Out Loud!
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1:23 AM
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| 1 Comments: |
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be very careful about blogging about your company.... a LOT of bloggers have been fired for this.
friendly word of advice
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be very careful about blogging about your company.... a LOT of bloggers have been fired for this.
friendly word of advice