from the should-switch-to-fashion-branding-with-cool-logo dept.
Third Position writes "Cringely with more predictions about IBM: 'The direct impetus for this column is IBM's internal plan to grow earnings-per-share (EPS) to $20 by 2015. The primary method for accomplishing this feat, according to the plan, will be by reducing U.S. employee head count by 78 percent in that time frame.' So far, Cringely's pronouncements about IBM have been approximately true, even if he missed the exact numbers and timeframes. Is he right this time?"
"An idealist is one who, on noticing that a rose smells better than a
cabbage, concludes that it will also make better soup." - H.L. Mencken