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Guy Kewney's Diary
News Lou Gerstner's interest in the customer is the interest of the wolf in the sheep. Has Lou Gerstner lost every marble he ever had? It's that well-known philanthropist, that altruistic benefactor of the down-trodden, that champion of the charities...
[March 21, 1998, 6:00]
Palmisano named as IBM chairman
News IBM announced on Tuesday that its chief executive, Sam Palmisano, has been elected chairman, setting the stage for longtime chairman Lou Gerstner to bid adieu at the end of the year. Gerstner had indicated at the time of Palmisano's chief executive...
[October 30, 2002, 10:42]
The Day Ahead: Should IBM exit the PC biz?
News In his fireside chat with Wall Street, IBM chief Lou Gerstner said there were few things deemed unthinkable at Big Blue. Gerstner acknowledged that "there is a lot to do and a lot more to prove" when it comes to the PC business.
[May 10, 2000, 12:29]
Palmisano: Big Blue means business
News IBM's president and chief operating officer -- and the heir apparent to chief executive Lou Gerstner -- is one of IBM's biggest Linux advocates, placing the alternative flavour of the Unix operating system near the centre of a broad plan to catch...
[December 18, 2000, 9:02]
IBM names Palmisano as new chief executive
News Sam Palmisano will become IBM's chief executive 1 March, succeeding Lou Gerstner, the company said on Tuesday. Lou (Gerstner) and I don't write those checks without some.scrutiny. Palmisano, currently IBM's president and chief operating officer...
[January 30, 2002, 8:59]
CeBIT 98: The Hannover experience
News The Hannover CeBIT computer trade fair will have its most glitzy cast ever this year when IBM's chairman and CEO Lou Gerstner's kicks off the world's biggest IT event with his keynote this evening. Joining Gerstner will be VIPs such as Compaq...
[March 18, 1998, 13:19]
IBM names new Unix server chief
News Rahmani, who was hand-picked to work by chief executive Lou Gerstner's side in 1996, takes over the division as Sun and HP are being punished by a declining economy and as IBM has a fresh new Unix server product line.
[October 24, 2001, 15:45]
IBM to sell PCs via the Web
News E-commerce is a favorite theme sounded by IBM Chairman Lou Gerstner, but his company has resisted taking this step for fear it might alienate IBM's resellers. They're letting all their flowers bloom," said Sam Albert, the president of Sam Albert...
[February 20, 1998, 11:59]
The Big Blue boom: Betting on services
News Former chief executive Lou Gerstner is credited with emphasising services as a key to the company's turnaround from losses in the early 1990s. By 2002, the year Gerstner stepped down, maintenance revenue had declined, but total services revenue had...
[June 15, 2004, 12:30]
Who'd have thought... Tech predictions you wouldn't bet on
Talkback "Services are the spearhead" - Lou Gerstner. Services for IBM are the keystone. Of the three major segments (Services, Hardware, software), Services is the fastest growing , but as you point out, the lowest margin.
[October 30, 2003, 19:48]
IBM hits mark in gloomy week for techs
News IBM chief executive Lou Gerstner noted some of the quarter's bright spots. Gerstner agreed that "not all the news was good in the quarter. The company earned $1.75bn, or 98 cents a share, compared with $1.52bn and 83 cents per share in the same...
[April 19, 2001, 11:35]
IBM cruises in record Q4
News We had a good quarter that capped a year of significant progress for us," said chief executive Lou Gerstner in a prepared release. Despite the solid earnings, Gerstner complained that weakness in Asia and Latin America, ongoing softness in memory...
[January 22, 1999, 9:34]
IBM delivers, comfortable with 2001 estimates
News We had a very solid fourth quarter which, in many respects, reflects momentum that was building steadily all year," IBM chief executive Lou Gerstner said in a statement. As we look to 2001," Gerstner said, "there is uncertainty about the economic...
[January 19, 2001, 8:27]
IT heavyweights eye the PeopleSoft pie
News For instance, when IBM launched an unsolicited $3bn takeover of Lotus Development in June 1995, Big Blue chief executive Lou Gerstner, who coveted Lotus Notes' groupware product, paid a special visit to Massachusetts to woo the company's star...
[June 9, 2003, 12:40]
Guy Kewney's Diary
News He was promoted, in January, to the post of assistant to Lou Gerstner himself. Startling news from a distributor in Germany. The head of IBM's PC company, Jurgen Renz, has vanished. But my distributor friend says he's gone.
[March 14, 1998, 6:00]
Internet World kicks off in New York
News Keynote speakers at the three-day show include IBM chairman and CEO Lou Gerstner and Netscape founder Marc Andreesen. Fall Internet World '96 kicked off today in New York with over 500 exhibitors including Apple, AT&T, Borland, Cabletron, Compaq...
[December 12, 1996, 11:14]
IBM set to release NC
News The firm has been a strong booster of the technology with CEO Lou Gerstner voicing support at several conferences. IBM is about to announce its Network Computer (NC) plans, according to a report in this morning's Wall Street Journal.
[September 5, 1996, 9:17]
IBM to spend $5bn on chipmaking
News Demand is white-hot in three critical segments -- chips for big servers, chips to power the explosion in Internet access devices and chips in the networking equipment that ties everything together," chief executive Lou Gerstner said in a release.
[October 10, 2000, 15:01]
Palmisano takes the reins at IBM Server Group
News He is also considered by some to be the leading candidate to take over the top spot at IBM when CEO Lou Gerstner retires in a few years. IBM Global Services chief Sam Palmisano will take over as head of Big Blue's server division, replacing Robert...
[September 21, 1999, 16:03]
Palmisano sheds light on IBM's path
News In keeping with a tradition cemented by former chief exec Lou Gerstner, Palmisano stuck to the big picture in a presentation lasting about 40 minutes. IBM chief executive Sam Palmisano told Wall Street analysts that the company needs to cut costs...
[May 17, 2002, 7:32]
