Big Blue has spoken...

Courtesy of Yahoo News...

IBM Corp. said Monday its first-quarter profit jumped 13 percent, and the company offered evidence that corporate technology spending is rebounding after the recession.
IBM said it earned $2.6 billion, or $1.97 per share, in the first three months of the year. In the same period of 2009 it earned $2.3 billion, or $1.70 per share.
The improvement came not just from cost cutting, which IBM relied on much of last year to raise profits. In the most recent quarter, revenue climbed 5 percent to $22.9 billion.
The results beat the average analyst estimate of $1.93 per share on revenue of $22.8 billion, according to Thomson Reuters.

You can read the rest of the article here but is everybody else noticing the turning of the corner from the recession or is it just the big boys (and gals)?

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Buddy, I paid of £20k of debt in the recession, people were still spending, I could show you restaurants that were always full, i think it has been a blessing, all the complacent, rude, and crap businesses have stopped trading, and now they are scratching their heads, maybe decent service, manners and customer service may of helped, and supporting their own country.

I cant get why so many people are caught up in this negative mind set, most of the people I have had the good fortune to meet in the last year, have been businesses or new start up businesses, and they are all doing OK. Infact one of them is annihilating it and just had his first 1.3mill year! Going for 2mill this year.

People spending what they cannot afford is their own fault, I worked damned hard to get mine (ours) paid off, and had to outsource tons to coders etc to get jobs done that I couldn't do, instead of turning customers away.

The people have brought this on themselves, buying stuff abroad, using indian seo companies, and web devs, etc (obviously other industries too)

Did you know that when the Indians took over Jaguar, they actually went up in profit? Because they did what the Brits wouldn't do, we have lost all our industry from complacency and stupidity, now that the Indians, Germans, Canadians, French and god knows who else owns UK companies and roads etc, it will take a lot more than a wee profit in America to right things.

We caused it, we have to patch it up, but we have nothing left to build on, that is why I buggered off abroad, a few other reasons, but that is a huge one.

Its not a recession, its just desserts.

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It sounds really horrible, but apart from having to find somewhere else to buy all the things I would have once automatically bought at Woolworths, and an awful lot of DOOOOOM! being reported in the news, I've barely noticed the recession. But then I'm not a homeowner and I have no debt.

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