IBM gives data on two 'Baby Blues,' coming closer to goal of reorganizing

Article Abstract:

For the first time, IBM reports financial results of two of its 12 operating units. The data is included in IBM's annual report, scheduled to be released in Feb 1993. One of the units, Adstar, will report a 1992 loss of $265 million on revenue of $6.11 billion. Adstar, which makes disk drives, generates most of its revenue from sales to other IBM units, but did realize $442 million in 1992 revenue from outside the corporation. The other unit to report is Integrated Systems Solutions Inc, which offers data-processing services to corporate customers. Integrated Systems will report $30 million in profit on revenue of $1.84 billion for 1992. IBM has hired two financial services firms to figure out ways to speed up the financial reporting of the operating units. Government regulations require three years of audited results from a business before it can launch a public offering.

Computer integrated systems design, Computer storage devices, Computer programming services, Finance, Computer services industry, Information technology services industry, Computer storage device industry, Reorganization, Annual Report, International Business Machines Corp. ADSTAR, Integrated Systems Solutions Corp.

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IBM's new PCs recapture share after late start

Article Abstract:

IBM's ValuePoint line of low-cost business-oriented personal computers, which was unveiled in late Oct 1992, along with the consumer-oriented PS/1 that debuted the previous month, are selling very well. But IBM was very late in entering the low-cost PC market. A head start by former high-end competitor Compaq, which rolled out its low-cost ProLineas in Jun 1992, may give that company a permanent edge over IBM. In Oct 1992, Compaq made nearly 23 percent of PCs sold through dealers, compared to a 17.2 percent market share for IBM. Apple was third, with a 15.5 percent share. Still, IBM could dramatically increase its market share by taking business away from the many small PC makers. IBM is also being hurt by shortages of some of its new low-cost PCs.

Compaq Computer Corp., Supply and demand, Low Cost, Shortage, IBM PS/1 (Intel-compatible system), Compaq ProLinea (Intel-compatible system), IBM PS/ValuePoint (Intel-compatible system)

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IBM presses toward goal of supplanting Apple as teacher's pet in U.S. classrooms

Article Abstract:

IBM is challenging Apple Computer Inc's control of the $750 million education market with the introduction of its IBM PS/2 25 286 microcomputer aimed at teachers and administrators. IBM's market share of the education market for the academic school year 1988-1989 has risen to 30 percent from five percent in 1985-1986. IBM predicts that it will be the market share leader of the education market by the end of 1990. Apple responded to IBM's initiative by promising an inexpensive, color Macintosh during the 1990-1991 school year and claims that it will make a strong comeback during that period.

Usage, Economic aspects, Product introduction, AAPL, Education, Educational technology, Apple Inc., Computer Industry, Secondary Schools, IBM PS/2 25 286 (Microcomputer)

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