Microsoft Suffers While Big Blue Blows It Out!
Last week, Microsoft announced that its profits fell and that the ax will therefore
fall on 5,000 workers
.
So, were rivals hit by the economic tsunami, as well?
Not all
. IBM had a terrific quarter with profits up 12 percent to a tidy $4.4 billion. (While Redmond's profits were down, it still raked in an impressive $4.1 billion, and did so on far less revenue than Big Blue).
Posted by Doug Barney on January 26, 2009