Posts Tagged ‘computer’

IBM Sales Reach $100 Billion as it Reaches 100 Years

Founded in 1911 as a merger of four companies, IBM, then known as Computing-Tabulating-Recording Co., is now 100 years old. By a coincidence, IBM turns 100 years old–on June 16–in the same year it passes $100 billion in sales.

International Business Machines has been the most successfully technology company in the world having earned more than 75,000 U.S. patents, spending more than $150 billion on research, and  employing five Nobel lauriets. The company has had only nine CEOs over its century of existence, and leads the way in enterprise computing solutions and cloud computing advancements.

                America’s iconic big tech hits the century mark and $100 billion in sales”, Chief Executive Sam Palmisano looks back–and ahead.

IBM is proud of is roots, telling the story of its formation back in 1911; with three independent businesses merging to become the Computing-Tabulating-Recording Company, Charles Flint’s first major move was to hire Thomas Watson Sr. as the company’s general manager in 1914.

Over the last 5 years, IBM adapted its global supply chain and functional processes, resulting in $6 billion productivity savings. The company now accounting for tens of millions of shareholders, does business in over 170 countries and has invest $58 billion in research and design alone.

This is ensured the company’s net income hit an all-time high of $14.8 billion, with gross profit rising from 37% to 46.1%.


IBM looks back on 100 years of History


How Steve Jobs Met His Wife…

Co-founder and CEO of Apple Inc – Steve Jobs needs no introduction.  I have the highest regard for Steve Jobs. Jobs is a name to consider with in the field of personal computing.

How many people start a billion-dollar business in their garage in their early twenties? How many people can lead the field in three separate industries? (Music– the iPod has revolutionized the way music is delivered; Movies– Pixar is one of the world’s most successful animation studios; and Computing- Apple’s devotion to sexy design and ease of use is legendary.)

Jobs created Apple, together with Steve Woznaik, in his garage.

Pancreatic cancer fails to cripple this guy. Jobs recently unveiled the iPad 2.

While he may look frail and weak, his spirit stays unbroken. So what is it that distinguishes Jobs from the rest? What is it that puts him in a different league altogether? It’s his vigorous attitude.

Jobs’ vision, entrepreneurial skills, upbeat attitude, his ability to think out of the box and tremendous self belief are some qualities that are worth following. Hats off to Steve Jobs!

Jobs asks himself an unforgettable question every time he is faced with a big choice: “What would I do if this was the last night of my life?” Powerful idea behind that! He met his wife (Laurene Powell) like that.

He was giving a university address a number of years back. She was sitting in the audience. He fell for her and approached her after the event. She gave him her number. He wanted to take her out for dinner that very night but had a business meeting on the book. Life’s like that. On his way back to his car, he asked himself (the Steve Jobs question) “What would I do if this was the last night of my life?” He ran back to the auditorium, found the woman and took her out. They’ve been together ever since.

“Sometimes life hits you in the head with a brick. Don’t lose faith. I’m convinced that the only thing that kept me going was that I loved what I did. You’ve got to find what you love” – STEVE JOBS

May God Bless Him !!!

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