Seeking Alpha
 

International Business Machines Corporation (IBM)

- NYSE
  • Dec. 14, 2010, 4:58 PM
    Hewlett-Packard (HPQ) shares are down 19%, but Gleacher & Co. is upbeat. Gleacher notes how H-P's recent buyouts created unease, but in a positive sign, 60% of its operating profit last year derived from "sticky" non-PC revenue, such as printers and services. H-P closed at -0.2% .
    | 1 Comment
  • Dec. 14, 2010, 1:39 PM
    Here's a thought: Cash-rich Check Point Software (CHKP +0.5%) should buy apps platform security and optimization provider Radware (RDWR +0.7%), which is already on the block. This might "establish an Israeli empire for network security and optimization" in the cloud.
    | Comment!
  • Dec. 13, 2010, 10:36 AM
    After H-P (HPQ), IBM (IBM) and now Dell (DELL -2.7%) snap up a string of high-profile players in a race to capitalize on the cloud computing surge, CommVault (CVLT -1.2%) and NetApp (NTAP +3.1%) look like the most attractive takeover targets, analysts say. CommVault's $1.4B market cap may be the easier pill to swallow, but NetApp's dominance makes it the real prize.
    | Comment!
  • Dec. 11, 2010, 1:24 PM
    After a bruising week, Pres. Obama will hold a one-day summit on Wednesday for corporate CEOs, hoping to persuade some of the companies to start using their collective $1.9T of cash for expansion and new hires. Invitees include GOOG, CSCO, IBM, AXP, PEP and more.
    | 37 Comments
  • Dec. 10, 2010, 3:30 PM
    Oracle (ORCL) wants the Apache Software Foundation to rejoin the Java Executive Committee. Apache resigned this week, complaining Oracle has too much control over Java. The Java community process is dead, and what's left "is a zombie, walking the streets of the Java ecosystem," says the foundation president.
    | Comment!
  • Dec. 10, 2010, 11:56 AM
    Analysts expect Oracle (ORCL) to report Q2 revenue of $8.3B and earnings of 46 cents/share, up from $5.9B and 39 cents/share in Q2 last year. Oracle is getting a boost from an uptick in business IT spending, and from its Sun hardware business. Oracle is +1.4%.
    | Comment!
  • Dec. 9, 2010, 10:52 AM
    The tech sector is "embarking on a new growth spurt" in the U.S., adding 47K jobs so far this year, says Moody's. Tech's seen a 15% employment growth rate in 2010, as compared to a 11% rate for the overall economy. Government stimulus has helped, along with rising demand for products in Asia and Latin America.
    | 2 Comments
  • Dec. 8, 2010, 1:47 PM
    Microsoft (MSFT) announced it won a USDA contract through partner Dell (DELL) to provide email and other cloud services to 120K users. Governments are eager to shed IT duties, and Microsoft already counts New York City and California as customers. Microsoft beat out both Google (GOOG) and IBM (IBM) for the deal - just after Google beat Microsoft in a $6.7M outsourcing bid.
    | Comment!
  • Dec. 7, 2010, 12:35 PM
    Salesforce.com (CRM, +1.5%) announced a database cloud service. No doubt there are plenty of companies wanting to build or expand software applications without managing the requisite databases, but Salesforce.com has a ways to go before the big Oracle (ORCL) or IBM (IBM) shops defect.
    | 1 Comment
  • Dec. 6, 2010, 3:10 PM
    IBM (IBM -0.1%) plans to sell $1B in debt, due January 2016, as soon as today, probably to pay for upcoming acquisitions. Moody's upgraded the senior unsecured rating of IBM's debt two weeks ago. Earlier this year, IBM sold $1.5B of debt due 2013.
    | Comment!
  • Dec. 3, 2010, 3:19 PM
    Oracle's (ORCL) wishfully thinking CEO Larry Ellison boasts his company's new super fast server array will gain ground on server market leader Hewlett-Packard (HPQ). "We think the HP machines are vulnerable," he says. But Oracle holds a distant 4th place for server market share, and mere talk won't reverse the steady slide.
    | Comment!
  • Dec. 3, 2010, 2:59 PM
    Samsung (SSNLF.PK) is promoting its chairman's son, COO Jay Lee, age 42, to company president. Samsung is in particular need of young blood to help it compete with Apple (AAPL) devices. With a mixed track record, Lee has 'homework to do' to distinguish himself against the other dozen or so Samsung presidents.
    | 1 Comment
  • Dec. 3, 2010, 12:22 PM
    BMC (BMC) is flat at $45.77 with the acquisition of GridApp Systems, a provider of database management apps. BMC needs to grow its automation capabilities to win bigger deals, and database management was a glaring hole in its strategy. Pricing was undisclosed.
    | Comment!
  • Dec. 3, 2010, 11:55 AM
    External storage systems sales grew to $5.2B in Q3, up 19% from Q3 last year, as companies made up for depressed spending, says IDC. The market winner is EMC (EMC), with 26.1% market share, followed by IBM (IBM) at 13%, and then NetApp (NTAP) with 11.6%. Overall, the hardware market is not a bad place to be.
    | Comment!
  • Dec. 1, 2010, 4:21 PM
    The big hardware companies represent a still-lively market for investors, with Cisco's (CSCO) Q1 woes being 'company specific,' says JP Morgan. In fact, "server and storage spending conditions are holding up as the enterprise reinvestment cycle chugs on."
    | Comment!
  • Dec. 1, 2010, 1:32 PM
    A recovering global server market saw $11.8B in sales in Q3, a 13.2% rise from Q3 last year, and the fastest quarterly revenue growth since 2000, says IDC. Hewlett- Packard (HPQ) led in Q3 with 33.4% of revenue, followed by IBM (IBM) with a 30.6% share, and Dell (DELL) was 3rd with 14.1% share.
    | Comment!
Visit Seeking Alpha's
IBM vs. ETF Alternatives
Company Description
International Business Machines Corp is an Information Technology (IT) company. It creates business value for clients and solves business problems through integrated solutions that leverage information technology & knowledge of business processes.