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Bill's, Andy's, and Linus'
Enterprise Adventure, Every Week View this newsletter
online at: http://www.midrangeserver.com/mid/mid042402.html
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Sponsored By
ASNA |
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Sponsored By
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HP
Says Compaq Merger Approved
by Timothy Prickett
Morgan
Hewlett-Packard last
week said that an independent audit of the proxy votes in its
contentious merger with rival Compaq had come down by a
narrow margin in favor of the merger. However, Walter Hewlett,
son of one of HP's founders who has been ousted from the HP
board for approving, then rejecting, and then fighting the
merger, is suing HP for inappropriately influencing the votes
of a number of large institutional investors. It ain't over
yet.
READ
MORE > |
Gates
Takes the Stand at Antitrust Trial
by Timothy Prickett
Morgan
Bill Gates, founder of
Microsoft
and currently its chairman and chief software architect,
finally took the stand in person this week in the
four-year-old antitrust lawsuit that has been giving him more
grief than his competitors. Unlike his deposition in the
original trial two years ago, Gates was polite and
non-combative, but he stubbornly held his ground that harsh
remedies would force Microsoft to stop selling Windows and
would have a dramatic negative effect on innovation in the IT
industry.
READ
MORE > |
Microsoft,
Intel Eke Out Revenue Gains in First Quarter
by Timothy Prickett
Morgan
Microsoft and
Intel, the two
dominant forces behind the Wintel duopoly that accounts for
nearly 90 percent of server shipments these days, have
recently reported financial results that demonstrate their
aspirations for the server business are undeniably and
directly tied to their fortunes on the desktop. Both Microsoft
and Intel have managed to eke out small revenue gains and
profits in this tough IT spending environment, and are
cautiously looking forward to a better 2003 even though we
have three more quarters to live through in calendar 2002.
READ
MORE> |
IBM
Slapped Hard in First Quarter by Economic Downturn
by Timothy Prickett
Morgan
If
you are lucky enough to have any IT budget left in this down
economy, give IBM
a call and play just a little hard to get, but interested.
There has never been--as the commercials used to say in the
early Gerstner years--a better time to buy from Big Blue.
IBM's sales in the first quarter of 2002 were down 12 percent,
to $18.6 billion; first quarter net income was down 32
percent, to $1.75 billion; and earnings per share were down 31
percent, to 68 cents.
READ
MORE> |
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