John Joyce
John Joyce
business consensus consistent earnings estimate longer per remain share term track
We remain on track for your consensus earnings per share estimate for 2001, which is consistent with our longer term business model.
care property sean sure taking
We're not sure if it was on our property that Sean got bit, but we're at least taking care of our property.
ball based business coming confident consensus consistent crystal estimate remain results today
We don't have a better crystal ball than you do, but based on our fourth-quarter results and everything we know today about the coming year, we remain confident with the consensus earnings-per-share estimate for 2001, which is consistent with our longer-term business model.
basis cannot definitive provide strategic
We cannot be more definitive at this time, but we wanted to provide the strategic basis for these actions.
appreciate shovel
I'd have to shovel first and go to the church, and I don't appreciate that.
business deliver fusion strategy superior value
IBM's strategy is to deliver superior business value through the fusion of business and technology.
capital chose customers decisions improvement period quarter reduce spending sustained technology until weakest year
The first quarter traditionally is the weakest period of the year for technology purchases, and many of our customers chose to reduce or defer capital spending decisions until they see a sustained improvement in their businesses.
best best-friends everybody knew
He was our best friend. I think he was to everybody who he knew ? Best friend.
constantly money states united
That's the thing about money in the United States and worldwide. It's constantly circulating.
certainly largest
The Y2K lockdown was very real. It certainly impacted our largest customers.
accounting again behind disclosure hope issue move proud
Let me just say once and again that we are proud of our accounting and disclosure practices. We hope this issue is behind us and we'd like to move on.
addressing begin customers felt few growth industry knew naive next objectives past talk year
In the past few years we have not been addressing our longer-term growth objectives because the industry was in decline. We felt it would be naive to talk about growth when we knew our customers weren't spending. But in 2003 we said that the industry had stabilized and I would characterize 2004 as a year when the IT industry will begin its next growth cycle.