Apple's Chip Pain Will Ease -- Later
"Some experts still hold the view that in the long run, the IBM chip production problem is a blip and that Apple still looks smart for having thrown in with Big Blue. Fears that IBM's chip production problems are serious are seriously overblown, IBM Senior Vice-President and Chief Financial Officer John Joyce said in a recent conference call. And IBM has started to see much higher yields at its Fishkill plant lately, which means IBM's engineers are pretty close to ironing out the kinks, Joyce suggested.
(Submitted by Noel Sat May 1, 2004 )
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