Kevin Rollins Quotes
You cannot have companies where many of the largest ones lose money indefinitely without someone finally waving the white flag, and IBM is the most recent example of that.
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Companies | Largest | Lose | Money | Indefinitely |
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Consumer electronics is a challenging one.
- Kevin Rollins
That business has been in and is in a transition phase this year, and a real positive sign was that this quarter. Profits improved in Europe by 24 percent over the first quarter. That's the first step in the transition. We've got a management team that is coming together and we believe that by the fourth quarter, we'll be in very good shape to accelerate growth; and so right now we're very hopeful and positive and the transformation is on track.
- Kevin Rollins
