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Articles tagged with: desktops

IBM Turns 100, Seeks New CEO

IBM (International Business Machines) will replace its current CEO to mark the company’s 100 years of success. Besides the centennial anniversary, the company’s current CEO, Sam Palmisano, will be turning 60 in July, the age when IBM CEO’s retire and name their successors.

The three current names circulating around that would succeed Palmisano are; 53 year old, Virginia Rometty. Rometty currently is head of IBM’s sales division and would be the first female CEO of IBM if elected. Next up we have Mike Daniels, currently head of services for IBM, a division that makes up 60% of IBM’s revenue.

Acer Experiences Worst Quarter Since 2004; 64% Income Dive

Acer reported today a disappointing sales quota. The company experienced it’s lowest profit since 2004. The cause? All the hype over the iPad and the iPad 2, as well as the surge of many other tablets. Acer’s net income took a dive 64% to just over $41 million, the lowest since Spring 2004. The company even stated that the third quarter might see meager results as well.

Acer has been known to be losing ground in the notebook market, with many consumers switching over to tablets. Although Acer has long denied the fact of the iPad’s success, it is a fact hard to deny with such low profits. Unfortunately, Acer’s revenue consists of about three quarters of the company, with desktops and mobile devices making up just a quarter of its revenue.