Word: ibm
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Dates: during 1980-1989
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...corporate customers, computers once meant IBM mainframes. But that has changed as high-powered workstations and personal computers from such companies as Compaq, Apple and Sun Microsystems have won over legions of business users. As a result, IBM's earnings have slipped from $6.6 billion in 1984 on total sales of $46 billion to an estimated $5.5 billion last year on total sales of $60 billion. In an attempt to cut its costs and become a more nimble competitor, IBM last week announced its fourth belt-tightening program in three years...
...Blue plans to eliminate 10,000 jobs from its U.S. payroll of 216,000, mostly through attrition and early retirement. IBM has already eliminated 20,000 jobs during the past two years by the same means. The company will also spend as much as $4 billion in a stock repurchase to boost its sagging share price. Some industry analysts predict more cuts as IBM shifts its emphasis to the smaller and more flexible computer systems offered by its rivals...
...good structure bodes well for the quality of the longer-lasting (five years or more), higher-priced Beaujolaises bearing such village names as Brouilly, Chenas, Julienas and Morgon, which will arrive in the U.S. in early March. Mommessin and Prosper Maufoux are reliable producers of Nouveau, but the IBM of the trade is Georges Duboeuf, whose assorted bottlings, most bearing his distinctive white, flower-bedecked label, sold 400,000 cases in the U.S. last year...
According to an annual financial report released yesterday, International Business Machines (IBM) was the University's top investment, accounting for more than $54 million of the endowment last year...
...sensors are already employed to measure the temperature, air pressure and acceleration of airplanes and automobiles. Delco Electronics alone sells 7 million silicon pressure sensors a year to its parent company, General Motors, for use in power-train controls and diagnostics. But scientists at Berkeley, Stanford, M.I.T., AT&T, IBM and a handful of other research centers around the world see much broader possibilities for minuscule machines. They envision armies of gnat-size robots exploring space, performing surgery inside the human body or possibly building skyscrapers one atom at a time. "Microelectronics is on the verge of a second revolution...