Word: ibm
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Dates: during 1990-1999
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BUSINESS: IBM's Turbulent Twilight...
Intel is also accused of playing favorites. According to one competitor, the company allegedly allocates supplies of its latest, most sought-after chips first to its biggest customers, such as PC makers IBM and Compaq, and then to smaller clients. In doing so, critics charge, Intel can determine which PC maker survives or perishes. Competitors have also raised concerns about Intel's own entry into the PC market. They complain that the company favors customers that resell Intel-made machines with its newest and best chips. Says Walter J. ("Jerry") Sanders, chairman of Advanced Micro Devices: "It's clear...
...sniping at Microsoft and Intel, the underlying reason may have less to do with envy than with how the two companies have learned to do what IBM used to do so well: marry leading-edge products with in-your-face marketing tactics. That is their inheritance, and that is what makes them powerful chips off the old Big Blue...
...IBM...
Instead of hiring, such giants as IBM, General Motors, United Airlines and Eastman Kodak are still slashing their payrolls. And dynamic small start-up firms -- which created 20 million jobs in the 1980s -- have faced a lending crunch that denies them the capital they need to grow and add new jobs. All that has left the health-care and temporary-help industries as the chief source of hiring since the recession officially ended in March...