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International Business Machines Corporation Message Board

  • speakez@sbcglobal.net speakez Feb 23, 2007 3:28 PM Flag

    Forbes on IBM and HP

    A real simple view of hp & IBM from Forbes:

    http://www.forbes.com/2007/02/22/tech-hp...

    Quote:

    Cover Story
    Tech Giants Tussle: HP Vs. IBM
    Forbes staff 02.22.07, 6:00 PM ET

    Hewlett-Packard has toppled IBM from its four-decade perch at the top of the tech world. IBM isn't too far behind in revenues, but look closer: Big Blue has more than double the number of employees as HP, while HP brings in more than double the revenue per worker.

    2006 revenue ........ $92 bil ......... $91 bil
    2006 earnings........ $6 bil ........ $10 bil
    2006 pre tax profit ... 8% ........ 15%
    # employees ........ 150,000 ........ 329,000
    Rev/employee ........ $611,000........$278,000
    Net income/empl ..... $41,000 ........ $29,000
    % rev from services.. 17% ........... 53%
    % " " hardware... 80% ........... 24%
    % " " software... 1% ........... 20%
    % " " financing.. 2% ........... 3%

    There you are, the good and the bad. So glad someone else picks on the 0 margin service business at IBM.

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