Downward spiral - Rometty?
Funny how their 20-odd quarters of losses started happening just after Sam Palomino left and Rometty took over? Sound a bit like a repeat of the Carly Fiorina/HP fiasco...
20 posts • joined 17 Feb 2013
The writing was on the wall when they started their GD drive, sourcing cheap labour elsewhere did all the harm, I suspect many customers dropped IBM due to this.
Somewhere an ex-IBM bean counter executive is walking around bragging on his CV how much he saved IBM in salary costs. Unfortunately he isn't around to see how he ruined the business...
I like my LG 3D LED LCD for one thing - the Plex Client which comes with it. This and a Plex server on my NAS made my media player instantly redundant.
Can't comment on LCD vs plasma though since I never had a plasma TV before, I guess the glossy screens put me off at the time. However now my LCD also have a glossy screen, and I still hate it as much as I did from CRT days when I sprayed the screen with some mat clear coat you could buy at the time. Wonder if that stuff is still available out there?
The "official" excuse here in NZ for fleecing the public with a markup of anything between 200 to 500% for is: "We are a small country". My observation is that they are just plain lazy and want to rather make lots of money of a few sales instead of lowering their extravagant profit margins and make it up on increased turnover.
So what are the other excuses (bar the lame GST excuse we get to hear too) there in Australia?
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