http://www.smh.com.au/business/world-bu ... -spsc.html
Hmmmmm.... insert the emoticon for "a raised eyebrow" here.International Business Machines Corp. said services signings fell last quarter, suggesting corporate customers are still delaying some technology spending following the economic slowdown.
Signings of service contracts, which account for more than half of revenue, dropped about 2 per cent to $US12.3 billion, Armonk, New York-based IBM said today in a statement. Application- management signings declined 23 per cent.
IBM shares have lagged behind the Standard & Poor's 500 Index this year. Investors have waited for the company, the world's largest computer-services provider, to signal that it can boost growth without changes in foreign exchange rates or cutting expenses, said Keith Bachman, an analyst at BMO Capital Markets.
Bachman rates IBM shares "outperform" and doesn't own any.
There's nothing in the article about Cognos or TM1's performance, but I found it interesting regardless.