> I'm just guessing but 85% gross margin seems way too high. At 85%, the > customers would be throwing a royal fit and the FTC would be sharpening their fangs to take another huge bite out of IBM. 15% is probably more likely.
I refer the honourable gentleman to Page 39 of IBM's latest quarterly SEC filing at http://www.sec.gov/Archives/edgar/data/51143/000110465906069905/a06-19062_710q.htm For the nine months ended 30 September 2006 IBM's gross margin on software was 84.6%. I apologise to IBM for overstating the figure as 85%. -- Phil Payne http://www.isham-research.co.uk +44 7833 654 800 ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [EMAIL PROTECTED] with the message: GET IBM-MAIN INFO Search the archives at http://bama.ua.edu/archives/ibm-main.html
