IBM won’t be making scoffing noises from the back of the room at Hewlett-Packard’s big strategy meeting in San Francisco today, but that isn’t stopping the company’s execs from blowing a few raspberries in the media.
Spoiler warning! When we last left our human heroes, one of them had drawn even while another was far behind the supercomputer Watson in a match of the uniquely human game of “Jeopardy.” The computer was winning raves for holding its own against the game’s best human players. That would soon change with a surprising twist at the very end.
Now that Mark Hurd has resigned as CEO of Hewlett-Packard, to whom will the company look to replace him? If HP’s directors are smart, they’ll give Apple’s Tim Cook a call, but realistically who are they likely to consider?
Has IBM benefited from the overall uptick in corporate spending? Obviously. Posting second-quarter results after the market’s close Monday, the company reported earnings per share of $2.61, besting estimates, though revenue fell a bit short of forecasts.