I see from their annual report
ftp://ftp.software.ibm.com/annualreport/2006/2006_ibm_annual.pdf
that System z hardware revenue is up 7.8% with an 11% increase in MIPS 
shipped.  Given that a z9 is more than 11% bigger than a z990, I guess that 
means that they sold fewer mainframes than in 2005.  Even so, I think that 
the shareholders *do* care about the mainframe.

If they were smart, they'd be asking why they can't sell more mainframes and 
why they can only get an 11% increase in MIPS in a year.  It's better than the 
year before (7%) but still pretty pitiful.  What would happen if IBM were to 
take action to let them sell 50% more MIPS every year?  I believe that there 
would be plenty if demand for that to happen if people didn't think there was 
good reason to move away from the mainframe.

I believe that there are now two reasons.  The traditional one is the 
*perception* that mainframe software is too expensive.  Now there is another 
reason, the *perception* that IBM is willing to let the mainframe die, as 
evidenced by making life more difficult for the smallest developers.

-- 
Tom Marchant

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