Louis Gerstner Quotes

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

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Continue | Feel | Effects | Slowdown | Fourth |

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Services is clearly the largest and fastest-growing portion of the information technology industry, and we continue to extend our leadership position each quarter... Our software business continues to gain momentum. - Louis Gerstner

On the positive side, our services revenue grew by nearly $1 billion and this business made a major contribution to the company's earnings. Our software revenues showed good growth and the software gross margin improved for the fifth consecutive quarter. - Louis Gerstner