The recent earnings report from Vermont’s largest manufacturer, IBM, was not encouraging.
The news that the Vermont division reported a sharp drop in revenues in 2008 wasn’t surprising given the mostly gloomy economic picture being painted around the country, but it is curious in this respect: IBM’s most recent overall earnings report showed positive numbers from the company’s other main divisions outside Vermont.
We’re taking a closer look this morning at why that’s the case, and we turn to Eric Savitz. Savitz writes the "Tech Trader Daily" blog for the on-line version of Barron’s Magazine, published by the Wall Street Journal.
Savitz says right now IBM is bucking the trend when it comes to overall performance by some of the country’s largest tech businesses.
Click listen to hear the entire interivew.