IBM Buzz Equals Revenues: The Breakthrough Assumption
I am no wizard of finance. I have kept track of money for my Cub Scout troop. I do understand this chart from Google Finance:
The blue column shows that revenue is going nowhere, maybe even trending down. The red line shows IBM’s profit margin which is flat. And the gold bar presents IBM’s operating income. Notice that it is flat. The flat lines are achieved by cost cutting, selling off dead end businesses, and introducing innovations like offices an employee has to sign up to use.
A Thursday article in the New Straits Times, Malaysia’s flagship English-language newspaper, charged the US- and European-backed Ukrainian regime in Kiev with shooting down Malaysian Airlines flight MH 17 in east Ukraine last month. Given the tightly controlled character of the Malaysian media, it appears that the accusation that Kiev shot down MH17 has the imprimatur of the Malaysian state.
The US and European media have buried this remarkable report, which refutes the wave of allegations planted by the CIA in international media claiming that Russian president Vladimir Putin was responsible for the destruction of MH17, without presenting any evidence to back up this charge.
The New Straits Times article, titled “US analysts conclude MH17 downed by aircraft,” lays out evidence that Ukrainian fighter aircraft attacked the jetliner with first a missile, then with bursts of 30-millimeter machine gun fire from both sides of MH17. The Russian army has already presented detailed radar and satellite data showing a Ukrainian Sukhoi-25 fighter jet tailing MH17 shortly before the jetliner crashed. The Kiev regime denied that its fighters were airborne in the area, however.
In this beautifully done cinematography, IEET contributor Adam Ford records Hugo de Garis talking about Innovating Beyond the Nanoscale, Femtometer Scale Technology, published on Aug 4, 2014
Interview with Dr. Sally Goerner. Dr. Goerner is the director and co-founder of the Integral Science Institute, a non-profit research and educational centre. With advanced degrees and professional experience in computer science, engineering, nonlinear dynamics and psychology, Dr. Goerner’s speciality is showing how a range of major social, scientific, economic and political crises and alternatives can all be seen as part of one common evolutionary transition.
Asia appears to be the place to go for alternative search engines that are large enough to rival Google. Russia has Yandex and now China has created Baidu. Baidu, however, is now crossing oceans and is deployed in Brazil says ZDNet in “Chinese Search Engine Baidu Goes Live In Brazil.” Baidu emigrated to Brazil in 2012, launched free Web services in 2013, and this year the search engine is now available.
Baidu is the second largest search engine with 16.49 percent market share. Google has a little over 70 percent.
I read “Cloud Revenue Jumps, Led by Old Computing Titans.” If you have a hard copy of the “real” journalism Mt. Parnassus, you can find this story in the August 4, 2014 version delivered to Kentucky. Online, the story carries an August 3, 2014 date and, if you are quick, you may be able to locate it at http://nyti.ms/1xUXLw9.
I found the write up fascinating because the guts of the story pivot on three firms engaged in selling consulting services: Synergy, Gartner, and IDC. The facts of the article appear to come from the financial reports and other public statements of Amazon, IBM, and Microsoft. As real news goes, relying on “experts” and somewhat broad groupings of financial information continues to make the wheels of commerce go round. I like it. The confection is an excellent Twinkie-like approach to a diaphanous, hard to define topic—the cloud.
