John Paczkowski

Recent Posts by John Paczkowski

New IBM Servers to Power Economic Recovery?

Thank God for IBM. The technology bellwether gave battered investors a chance to catch their breath Thursday after it said it expects to report a 20 percent increase in net income for its third quarter and, remarkably, claimed its profit outlook for the full year remains on track.

“Our results demonstrate that the combination of a steady base of recurring revenue and profits, investments for growth in emerging markets, a range of products and services that deliver value to clients, and a strong and flexible financial foundation, give IBM a competitive edge in good times and tough times,” CEO Sam Palmisano said in a statement. “We remain confident in our full-year outlook.”

In spite of Q3 sales that missed analysts’ estimates by about $1 billion. Anyway …

An anomalous bit of good news in an otherwise ghastly financial landscape. Seems IBM somehow managed to avoid that “sudden and unexpected drop in business activity” that slaughtered SAP earlier this week. Shares in IBM (IBM), which have dropped 21 percent in the past month alone, rose a bit on the news.


Twitter’s Tanking

December 30, 2013 at 6:49 am PT

2013 Was a Good Year for Chromebooks

December 29, 2013 at 2:12 pm PT

BlackBerry Pulls Latest Twitter for BB10 Update

December 29, 2013 at 5:58 am PT

Apple CEO Tim Cook Made $4.25 Million This Year

December 28, 2013 at 12:05 pm PT

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald