It's easy to criticize Wall Street for being too myopic and focused on near-term targets, but is IBM doing this too? IBM has laid out a specific set of metrics that it
intends to hit, and it could be forcing its management to damage its
long-term business development by hitting them. It's time to look more
closely at what's going on at IBM, and whether its underlying business
is being compromised or not.
Why IBM disappointed in its first quarter
It's no surprise that the first quarter conference call saw analysts asking question after question regarding how IBM intends to hit its targets. After all, the company's management has laid them out repeatedly, and appears to want to be judged by them.
It's no surprise that the first quarter conference call saw analysts asking question after question regarding how IBM intends to hit its targets. After all, the company's management has laid them out repeatedly, and appears to want to be judged by them.
For ease of reference, they are:
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