Louis Gerstner Quotes



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Revenue | Quarter | Held | Items | Demand |
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Looking forward, we believe we will continue to feel the effects of the Y2K slowdown in the fourth quarter and into early next year... Next year has the potential to be a very good year for IBM, once we get past any lingering Y2K effects.
- Louis Gerstner

We would like to have seen more revenue in the quarter, but we were held back by three items... First, demand for our microelectronics products -- from both outside customers and internal IBM customers -- far outstripped our ability to supply components. Second, the upcoming release of our new high-end server slowed demand for the System/390 family of servers. Finally, parts of our software business slowed unexpectedly in September.
- Louis Gerstner
