Nah, just the same-old, same-old -- if a line of business doesn't have high enough margins or the potential for same, get rid of it. That's been the mantra in Armonk for a long, long time.
I forget which IBM CEO it was who promised share owners at an annual meeting (or was it a stock analysts meeting? Not sure now) that IBM would never stay in any low-margin business, and they have been remarkably consistent about keeping to that philosophy over the decades. Peter -----Original Message----- From: IBM Mainframe Discussion List [mailto:[email protected]] On Behalf Of Pommier, Rex Sent: Friday, February 07, 2014 11:53 AM To: [email protected] Subject: Re: OT? IBM looking at leaving the chip manufacturing business? So current IBM management looks like they're trying to break the company into a bunch of smaller companies like Akers(?) tried to do several years ago??? -----Original Message----- From: IBM Mainframe Discussion List [mailto:[email protected]] On Behalf Of John McKown Sent: Friday, February 07, 2014 10:34 AM To: [email protected] Subject: OT? IBM looking at leaving the chip manufacturing business? http://www.itworld.com/hardware/403814/reports-ibm-explores-sale-semiconductor-business -- This message and any attachments are intended only for the use of the addressee and may contain information that is privileged and confidential. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any dissemination of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by e-mail and delete the message and any attachments from your system. ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
