19 Quotes by Louis Gerstner

Looking forward, we continue to believe that 2000 will be a good year for IBM,

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.

I would admit to you that we could take some credit, but there's a fair amount of luck in that too,

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.

These results show the ongoing strength of our broad business portfolio, ... We saw very good customer response to our new System/390 servers and continuing strength in services and hard disk drives.

As we enter the next phase of IBM's transformation, we need a new organizational approach that will strengthen our focus on both day-to-day marketplace results and future growth opportunities, ... I believe this new structure is the best way to accomplish these goals, under the leadership of two of IBM's most experienced and capable executives.

The next thing is: we can make IBM even better, ... We brought IBM back but we're gunning for leadership.

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.

In 2001, the company faces concerns that economic softness in the United States could worsen and expand into non-U.S. markets, ... Increasingly aggressive price competition and the potential effects of ongoing adverse currency movements are other areas of volatility.