[email protected] (Anne & Lynn Wheeler) writes:
> pg465/10014-17:
>
> Total shareholder distributions, including dividends, amounted to $82
> billion, or 122 percent, of net income over this five-year
> period. Likewise, during the last five years IBM spent less on capital
> investment than its depreciation and amortization charges, and also
> shrank its constant dollar spending for research and development by
> nearly 2 percent annually.
>
> ... snip ...

re:
http://www.garlic.com/~lynn/2014b.html#14 IBM to invest 1.2B into Cloud Data 
Centers

IBM Asian Revenues Crash, Adjusted Earnings Beat On Tax Rate Fudge; Debt
Rises 20% To Fund Stock Buybacks
http://www.zerohedge.com/news/2014-01-21/ibm-asian-revenues-crash-adjusted-earnings-beat-tax-rate-fudge-debt-rises-20-fund-st

-- 
virtualization experience starting Jan1968, online at home since Mar1970

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