Feeds

Web sales make big bucks for Big Blue

E-business means easy money, Gerstner tells analysts

  • alert
  • submit to reddit

High performance access to file storage

IBM claims that doing business digitally has added $20 billion -- around a quarter of Big Blur's annual revenue -- to its balance sheet. In the first quarter of this year alone the company said it did $4.5 billion over the Web. Telling financial analysts the good news in New York yesterday, IBM CEO Lou Gerstner must have been swollen with pride as he spoke of Big Blur's metamorphosis into an "e-business". Perhaps it is just a coincidence, then, that at about the same time as Gerstner was delivering his carefully crafted messages, Michael Dell, head honcho of Dell Computer, was giving a masterclass on how to flog things on the Web. "Ingredients to a good ecommerce strategy include diving head first into the Internet, avoiding channel conflict, and realigning the sales force," Dell is quoted as saying by CNet. No doubt he also mentioned, although in passing, that Dell makes $14 million a day flogging its kit over the Web. He also used his speech at the Network+Interop show in Las Vegas to have a subtle dig at his competitors including Compaq and HP, reported CNet. ®

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.