IBM-Apple Announcements: Difference between revisions

From OS2World.Com Wiki
Jump to navigation Jump to search
Created page with "APf 07/03 1333 IBM-Deals Copyright, 1991. The Associated Press. All rights reserved. By The Associated Press Here is a look at recent agreements International Business Machines Corp. has forged with other computer makers in the past few weeks: --June 18: IBM announces it will invest up to $100 million in financially troubled Wang Laboratories Inc. of Lowell, Mass. Meanwhile, Wang will resell IBM computers and cut back on its own computer manufacturing to concen..."
 
No edit summary
 
Line 4: Line 4:
By The Associated Press
By The Associated Press


  Here is a look at recent agreements International Business
Here is a look at recent agreements International Business Machines Corp. has forged with other computer makers in the past few weeks:
Machines Corp. has forged with other computer makers in the past
 
few weeks:
--June 18: IBM announces it will invest up to $100 million in
  --June 18: IBM announces it will invest up to $100 million in
financially troubled Wang Laboratories Inc. of Lowell, Mass.
financially troubled Wang Laboratories Inc. of Lowell, Mass.
Meanwhile, Wang will resell IBM computers and cut back on its own
Meanwhile, Wang will resell IBM computers and cut back on its own computer manufacturing to concentrate on developing office software and computer imaging products that will run on IBM computers.
computer manufacturing to concentrate on developing office software
 
and computer imaging products that will run on IBM computers.
--June 24: IBM and Lotus Development Corp. of Cambridge, Mass.,
  --June 24: IBM and Lotus Development Corp. of Cambridge, Mass.,
team up in a venture expanding IBM's line of office software while
team up in a venture expanding IBM's line of office software while
giving more exposure to Lotus products. Under the agreement, IBM
giving more exposure to Lotus products. Under the agreement, IBM
Line 18: Line 16:
share information through computer networks, as well as Lotus'
share information through computer networks, as well as Lotus'
electronic mail product, cc:Mail.
electronic mail product, cc:Mail.
  --June 24: IBM and Borland International Inc. of Scotts Valley,
 
--June 24: IBM and Borland International Inc. of Scotts Valley,
Calif., enter an alliance to develop and sell certain software to
Calif., enter an alliance to develop and sell certain software to
work with a new version of IBM's OS-2 operating system.
work with a new version of IBM's OS-2 operating system.
  --July 3: IBM and Apple Computer Inc. of Cupertino, Calif.,
 
--July 3: IBM and Apple Computer Inc. of Cupertino, Calif.,
announce a broad agreement to share technology. The deal includes
announce a broad agreement to share technology. The deal includes
a joint venture in computer software that will simplify computer
a joint venture in computer software that will simplify computer
Line 28: Line 28:




APf  07/03 1314  Business News Digest
;APf  07/03 1314  Business News Digest
Copyright, 1991. The Associated Press. All rights reserved.
Copyright, 1991. The Associated Press. All rights reserved.
Thursday AMs:
Thursday AMs:
  Here are the top business stories at this hour. Jill Arabas is
the supervisor. If you have questions about the spot news and
feature report, call AP Business News at 212-621-1686.


APPLE-IBM:
Here are the top business stories at this hour. Jill Arabas is the supervisor. If you have questions about the spot news and feature report, call AP Business News at 212-621-1686.
 
APPLE-IBM:


The Unthinkable Alliance Between Computer Giants Becomes Reality
The Unthinkable Alliance Between Computer Giants Becomes Reality


  NEW YORK -- Former enemies Apple Computer and IBM join forces
NEW YORK -- Former enemies Apple Computer and IBM join forces
in a broad agreement that could reshape the future of the computer
in a broad agreement that could reshape the future of the computer
industry and make easy-to-use machines available to an expanded
industry and make easy-to-use machines available to an expanded
Line 47: Line 46:
unthinkable alliance that has become thinkable in a very short
unthinkable alliance that has become thinkable in a very short
time," one industry analyst says.
time," one industry analyst says.
  Slug AM-Apple-IBM. Developing. By Business Writer Rick
Gladstone. Moving on FFF- and AAA-level news wires. Graphic.


Easier to Use Computers May Result from Superpower Pact
;Slug AM-Apple-IBM. Developing. By Business Writer Rick Gladstone. Moving on FFF- and AAA-level news wires. Graphic.
 
Easier to Use Computers May Result from Superpower Pact
 
NEW YORK -- The alliance of Apple Computer Inc. and International Business Machines Inc. could result in easier-to-use personal computers and more graphically oriented big computers used in the corporate world, analysts say.
 
;Slug AM-Apple-IBM-Users. Developing. By Business Writer Stefan Fatsis. Moving on FFF-level news wires.
 
And the Big Loser Could Be Microsoft


  NEW YORK -- The alliance of Apple Computer Inc. and
SEATTLE -- Microsoft Corp.'s stock tumbles on news of an agreement between Apple Computer and IBM. Microsoft long has been a major provider of software for the two computer companies, but its relations with both have cooled recently.
International Business Machines Inc. could result in easier-to-use
personal computers and more graphically oriented big computers used
in the corporate world, analysts say.
  Slug AM-Apple-IBM-Users. Developing. By Business Writer Stefan
Fatsis. Moving on FFF-level news wires.


And the Big Loser Could Be Microsoft


  SEATTLE -- Microsoft Corp.'s stock tumbles on news of an
;Slug AM-Microsoft. Developing. By Business Writer George Tibbits. Moving on FFF-level news wires.
agreement between Apple Computer and IBM. Microsoft long has been
a major provider of software for the two computer companies, but
its relations with both have cooled recently.
  Slug AM-Microsoft. Developing. By Business Writer George
Tibbits. Moving on FFF-level news wires.


  With:
With:
   --BC-Apple-Glance and BC-IBM-Glance.
   --BC-Apple-Glance and BC-IBM-Glance.
   --BC-Apple-IBM-Deal, a glance on the agreement.
   --BC-Apple-IBM-Deal, a glance on the agreement.
   --BC-IBM-Deals, a glance on IBM's agreements with its
   --BC-IBM-Deals, a glance on IBM's agreements with its competitors.
competitors.
   --BC-Apple-IBM-Impact, a glance rounding up impact on users, industry and the markets.
   --BC-Apple-IBM-Impact, a glance rounding up impact on users,
industry and the markets.




OTC  07/03 1311  MICROSOFT MOVES AHEAD WITH PLANS TO LICENSE, SHIP
;OTC  07/03 1311  MICROSOFT MOVES AHEAD WITH PLANS TO LICENSE, SHIP
...
REDMOND, WA (JULY 3) BUSINESS WIRE - Microsoft Corp. is extending
REDMOND, WA (JULY 3) BUSINESS WIRE - Microsoft Corp. is extending
contracts for current licenses of OS/2 version 1.3 to allow
contracts for current licenses of OS/2 version 1.3 to allow
computer manufacturers (OEMs) to sell version 2.0 when it begins
computer manufacturers (OEMs) to sell version 2.0 when it begins
shipping sometime around the end of the year.  
shipping sometime around the end of the year.  
  Microsoft said the extended contracts will allow OEMs to stay
 
Microsoft said the extended contracts will allow OEMs to stay
competitive with IBM Corp. in terms of pricing and availability.  
competitive with IBM Corp. in terms of pricing and availability.  
  OS/2 is developed as part of a Joint Development Agreement (JDA)
 
between Microsoft and IBM.  The two companies announced last fall
OS/2 is developed as part of a Joint Development Agreement (JDA) between Microsoft and IBM.  The two companies announced last fall that IBM was taking over development of version 2.0 while Microsoft focused on version 3.0.  IBM has announced plans to ship version 2.0 before the end of 1990.  Microsoft's OEMs will be able to ship OS/2 at the same time.  
that IBM was taking over development of version 2.0 while Microsoft
 
focused on version 3.0.  IBM has announced plans to ship version
Under the JDA, Microsoft will provide OEMs with exactly the same
2.0 before the end of 1990.  Microsoft's OEMs will be able to ship
OS/2 at the same time.  
  Under the JDA, Microsoft will provide OEMs with exactly the same
OS/2 code that IBM ships.  This means that products such as OS/2
OS/2 code that IBM ships.  This means that products such as OS/2
Extended Services/2 and OfficeVision will run on OS/2 from other
Extended Services/2 and OfficeVision will run on OS/2 from other
manufacturers.  
manufacturers.  
  "IBM, recognizing the speed with which customers are moving to
 
"IBM, recognizing the speed with which customers are moving to
Windows applications, is promising that this first release of 2.0
Windows applications, is promising that this first release of 2.0
will provide 'better Windows than Windows,' and has defined running
will provide 'better Windows than Windows,' and has defined running
Line 103: Line 93:
do a great job of supporting Windows users in the first release of
do a great job of supporting Windows users in the first release of
OS/2 2.0, but we believe IBM's commitment is very aggressive."  
OS/2 2.0, but we believe IBM's commitment is very aggressive."  
  More than 50 OEMs license OS/2 version 1.x from Microsoft, and
 
More than 50 OEMs license OS/2 version 1.x from Microsoft, and
Microsoft expects them to offer version 2.0.  
Microsoft expects them to offer version 2.0.  
  "Microsoft wrote the bulk of version 2.0, prior to our handing
 
"Microsoft wrote the bulk of version 2.0, prior to our handing
it over to IBM " Ballmer said.  "OS/2 1.3 and LAN Manager form a
it over to IBM " Ballmer said.  "OS/2 1.3 and LAN Manager form a
foundation for server applications, and OS/2 2.0 needs to continue
foundation for server applications, and OS/2 2.0 needs to continue
that tradition."  
that tradition."  
  Microsoft is the only vendor to supply OEMs with a full line of
 
Microsoft is the only vendor to supply OEMs with a full line of
Intel-based operating systems -- DOS(a), Windows, and OS/2.  
Intel-based operating systems -- DOS(a), Windows, and OS/2.  
Microsoft will enable OEM customers to easily offer all these
Microsoft will enable OEM customers to easily offer all these
Line 115: Line 108:
Microsoft strategy and focus for the desktop remains centered on
Microsoft strategy and focus for the desktop remains centered on
Windows.  
Windows.  
  Microsoft Corp. (NASDAQ:MSFT) develops, markets and supports a
 
Microsoft Corp. (NASDAQ:MSFT) develops, markets and supports a
wide range of software for business and professional use, including
wide range of software for business and professional use, including
operating systems, network products, languages and applications,
operating systems, network products, languages and applications,
Line 128: Line 122:




Reut 07/03 1032  NASDAQ SHARES SHARPLY LOWER IN MORNING TRADE
;Reut 07/03 1032  NASDAQ SHARES SHARPLY LOWER IN MORNING TRADE
    NEW YORK, July 3, Reuter - A sharp selloff in Microsoft and
NEW YORK, July 3, Reuter - A sharp selloff in Microsoft and weakness in the blue chips hammered the U.S. over-the-counter
weakness in the blue chips hammered the U.S. over-the-counter
market, traders said.
market, traders said.
    The NASDAQ index tumbled 3.66 to 475.12 on about 16 mln shares.
 
The NASDAQ index tumbled 3.66 to 475.12 on about 16 mln shares.
Losers led gainers by two to one.
Losers led gainers by two to one.
    "It was like a free fall," said Bob Antolini at Donaldson
 
"It was like a free fall," said Bob Antolini at Donaldson
Lufkin Jenerette, referring to the wave of selling on the open.
Lufkin Jenerette, referring to the wave of selling on the open.
"Microsoft dragged down other big-name tech stocks."
"Microsoft dragged down other big-name tech stocks."
    Microsoft tumbled 4-7/8 to 63-1/4 after IBM and Apple Computer
 
Microsoft tumbled 4-7/8 to 63-1/4 after IBM and Apple Computer
announced an agreement to form a new system software company which
announced an agreement to form a new system software company which
will be in direct competition with Microsoft. Apple Computer jumped
will be in direct competition with Microsoft. Apple Computer jumped
1-1/8 to 43-1/2.
1-1/8 to 43-1/2.
    Mentor Graphic dropped 2-1/8 to 13-3/4. The company said late
 
Mentor Graphic dropped 2-1/8 to 13-3/4. The company said late
Tuesday it expected its second quarter loss to exceed the first
Tuesday it expected its second quarter loss to exceed the first
quarter loss.  
quarter loss.  
    Intel, which fell 2-5/8 on Tuesday, eased another 3/8 to
 
Intel, which fell 2-5/8 on Tuesday, eased another 3/8 to
42-3/8. Sun Microsystems, another battered technology stock, fell
42-3/8. Sun Microsystems, another battered technology stock, fell
1/4 to 26-1/4. Novell lost 7/8 at 48-3/4. Adobe System was off 3/8
1/4 to 26-1/4. Novell lost 7/8 at 48-3/4. Adobe System was off 3/8
at 44-1/8.
at 44-1/8.
    U.S. Bancorp fell 1-7/8 to 26 after it said its second quarter
 
U.S. Bancorp fell 1-7/8 to 26 after it said its second quarter
earnings would fall behind the first quarter's.--NCW
earnings would fall behind the first quarter's.--NCW




APn  07/03 1157  Apple-IBM
;APn  07/03 1157  Apple-IBM
Copyright, 1991. The Associated Press. All rights reserved.
Copyright, 1991. The Associated Press. All rights reserved.
By RICK GLADSTONE
By RICK GLADSTONE
  AP Business Writer
  AP Business Writer
  NEW YORK (AP) -- Apple Computer and IBM, historic antagonists
 
NEW YORK (AP) -- Apple Computer and IBM, historic antagonists
in the computer industry, officially ended that bitter relationship
in the computer industry, officially ended that bitter relationship
today with a broad agreement on technology-sharing.
today with a broad agreement on technology-sharing.
  Breaking their silence after weeks of speculation, Apple and
 
Breaking their silence after weeks of speculation, Apple and
International Business Machines Corp. announced general principles
International Business Machines Corp. announced general principles
of the agreement, which will combine the strengths of both to
of the agreement, which will combine the strengths of both to
"integrate into existing and future products."
"integrate into existing and future products."
  Apple's stock jumped $1.25 a share on the news to $43.50 in
 
Apple's stock jumped $1.25 a share on the news to $43.50 in
nationwide over-the-counter trading this morning. IBM's stock fell
nationwide over-the-counter trading this morning. IBM's stock fell
37.5 cents a share to $98.75 on the New York Stock Exchange.
37.5 cents a share to $98.75 on the New York Stock Exchange.
  The agreement amounts to a friendship treaty between the two
 
The agreement amounts to a friendship treaty between the two
superpowers in the computer industry, which has been particularly
superpowers in the computer industry, which has been particularly
hurt by the recession. Both companies have reported sharply lower
hurt by the recession. Both companies have reported sharply lower
earnings recently, trimmed their work forces and promoted
earnings recently, trimmed their work forces and promoted
lower-priced machines to boost sales.
lower-priced machines to boost sales.
  Perhaps more important, the alliance could herald what industry
 
Perhaps more important, the alliance could herald what industry
analysts call an era of easy-to-use computers, resulting from the
analysts call an era of easy-to-use computers, resulting from the
marketing pre-eminence of IBM and the creativity of Apple, which
marketing pre-eminence of IBM and the creativity of Apple, which
revolutionized personal computers with its user-friendly Macintosh
revolutionized personal computers with its user-friendly Macintosh
machines.
machines.
  "I think it's a very interesting and powerful force," said Barry
 
"I think it's a very interesting and powerful force," said Barry
Bosak, who follows the computer industry for Smith Barney, Harris
Bosak, who follows the computer industry for Smith Barney, Harris
Upham & Co. in New York. "Here are two companies that represent 40
Upham & Co. in New York. "Here are two companies that represent 40
percent of the industry joining together."
percent of the industry joining together."
  Apple and IBM said the agreement calls for a joint venture in
 
Apple and IBM said the agreement calls for a joint venture in
computer software aimed at simplifying programming industrywide;
computer software aimed at simplifying programming industrywide;
integration of Apple's highly successful Macintosh computer design
integration of Apple's highly successful Macintosh computer design
Line 187: Line 193:
software for multimedia technology, one of the fastest growing
software for multimedia technology, one of the fastest growing
segments of computers.
segments of computers.
  In a statement, the companies said definitive contracts between
 
In a statement, the companies said definitive contracts between
the two are expected to be signed later this year and further
the two are expected to be signed later this year and further
details would be released later. Products resulting from the deal
details would be released later. Products resulting from the deal
should reach the market over the next two or three years, the
should reach the market over the next two or three years, the
statement said.
statement said.
  Analysts said the software and chip elements of the agreement
 
Analysts said the software and chip elements of the agreement
were particularly significant because they pose a formidable
were particularly significant because they pose a formidable
challenge to the current leaders. Microsoft Corp. dominates the
challenge to the current leaders. Microsoft Corp. dominates the
market in in software and Intel Corp. dominates in chips, the basic
market in in software and Intel Corp. dominates in chips, the basic
components of a computer's brain.
components of a computer's brain.
  After the deal was announced, Microsoft tumbled $4.75 a share
 
After the deal was announced, Microsoft tumbled $4.75 a share
to $63.375 in over-the-counter trading and Intel fell 62.5 cents
to $63.375 in over-the-counter trading and Intel fell 62.5 cents
a share to $42.25.
a share to $42.25.
  For Apple, a 15-year-old Silicon Valley success story that
 
For Apple, a 15-year-old Silicon Valley success story that
prides itself on independence, joining forces with IBM amounts to
prides itself on independence, joining forces with IBM amounts to
a major reversal of attitude toward the world's largest computer
a major reversal of attitude toward the world's largest computer
Line 206: Line 216:
behemoth. The agreement presumably will give Apple greater access
behemoth. The agreement presumably will give Apple greater access
to a vast market dominated by IBM machines.
to a vast market dominated by IBM machines.
  For IBM, which once rejected collaboration with smaller
 
For IBM, which once rejected collaboration with smaller
competitors, the pact with Apple represents the most far-reaching
competitors, the pact with Apple represents the most far-reaching
move yet by the company to develop relationships with other
move yet by the company to develop relationships with other
computer companies, part of an effort to become more responsive and
computer companies, part of an effort to become more responsive and
adaptable.
adaptable.
  IBM recently announced cooperative ventures with Wang
 
IBM recently announced cooperative ventures with Wang
Laboratories Inc., Lotus Development Corp. and a smaller software
Laboratories Inc., Lotus Development Corp. and a smaller software
concern, Borland International Inc.
concern, Borland International Inc.
  Computer industry analysts have said they expect to see more
 
Computer industry analysts have said they expect to see more
cooperative relationships between computer companies because the
cooperative relationships between computer companies because the
industry is maturing and no single company has the resources to
industry is maturing and no single company has the resources to
develop major products alone.
develop major products alone.
  Apple, based in Cupertino, Calif., is one of the leading
 
Apple, based in Cupertino, Calif., is one of the leading
producers of personal computer systems, with manufacturing sites
producers of personal computer systems, with manufacturing sites
in California, Europe and Asia and more than 15,000 employees.
in California, Europe and Asia and more than 15,000 employees.
  IBM, with headquarters in Armonk, N.Y., is the largest computer
 
IBM, with headquarters in Armonk, N.Y., is the largest computer
company in the world and the fourth-largest U.S. industrial
company in the world and the fourth-largest U.S. industrial
corporation, with revenues exceeding $69 billion last year. It has
corporation, with revenues exceeding $69 billion last year. It has
Line 227: Line 242:




OTC  07/03 1153  IBM, APPLE ANNOUNCE AGREEMENT TO JOINTLY CREATE
;OTC  07/03 1153  IBM, APPLE ANNOUNCE AGREEMENT TO JOINTLY CREATE
...
...
NEW YORK (JULY 3) UPI - International Business Machines Corp. and
NEW YORK (JULY 3) UPI - International Business Machines Corp. and
Apple  Computer Inc. said Wednesday the two computer giants have
Apple  Computer Inc. said Wednesday the two computer giants have
signed a letter of intent to jointly create new software products.  
signed a letter of intent to jointly create new software products.  
  IBM and Apple said they will develop and market new technologies
 
IBM and Apple said they will develop and market new technologies
that both companies will put into existing and future products as
that both companies will put into existing and future products as
well as offer for use on other manufacturers' computers.  
well as offer for use on other manufacturers' computers.  
  The companies said letter of intent covers four areas of
 
The companies said letter of intent covers four areas of
understanding:  
understanding:  
  -The companies will work on a joint venture to create software
 
-The companies will work on a joint venture to create software
applicable from laptop to large computers.  
applicable from laptop to large computers.  
  -IBM and Apple will work to integrate Apple's Macintosh into
 
-IBM and Apple will work to integrate Apple's Macintosh into
IBM's system. The companies said they will also develop and market
IBM's system. The companies said they will also develop and market
an advanced operating system combining the best of IBM and
an advanced operating system combining the best of IBM and
Macintosh.  
Macintosh.  
  -Apple plans to adopt use of IBM's microprocessor in future
 
-Apple plans to adopt use of IBM's microprocessor in future
Macintosh personal computers. Schaumburg, Ill.-based Motorola Inc.
Macintosh personal computers. Schaumburg, Ill.-based Motorola Inc.
and IBM will design and manufacture a new family of chips.  
and IBM will design and manufacture a new family of chips.  
  -The companies will have common platforms for the industry,
 
-The companies will have common platforms for the industry,
working to create and license software that will stimulate
working to create and license software that will stimulate
widespread industry development of this new technology.  
widespread industry development of this new technology.  
  Apple is based in Cupertino, Calif. IBM has its headquarters in
Armonk, N.Y.


Apple is based in Cupertino, Calif. IBM has its headquarters in Armonk, N.Y.
;UPne 07/03 1145  IBM, Apple announce agreement


UPne 07/03 1145  IBM, Apple announce agreement
NEW YORK (UPI) -- International Business Machines Corp. and
  NEW YORK (UPI) -- International Business Machines Corp. and
Apple Computer Inc. said Wednesday the two computer giants have
Apple Computer Inc. said Wednesday the two computer giants have
signed a letter of intent to jointly create new software products.
signed a letter of intent to jointly create new software products.
  IBM and Apple said they will develop and market new technologies
 
IBM and Apple said they will develop and market new technologies
that both companies will put into existing and future products as
that both companies will put into existing and future products as
well as offer for use on other manufacturers' computers.
well as offer for use on other manufacturers' computers.
  The companies said letter of intent covers four areas of
 
The companies said letter of intent covers four areas of
understanding:
understanding:
  --The companies will work on a joint venture to create software
 
--The companies will work on a joint venture to create software
applicable from laptop to large computers.
applicable from laptop to large computers.
  --IBM and Apple will work to integrate Apple's Macintosh into
 
--IBM and Apple will work to integrate Apple's Macintosh into
IBM's system. The companies said they will also develop and market
IBM's system. The companies said they will also develop and market
an advanced operating system combining the best of IBM and
an advanced operating system combining the best of IBM and
Macintosh.
Macintosh.
  --Apple plans to adopt use of IBM's microprocessor in future
 
--Apple plans to adopt use of IBM's microprocessor in future
Macintosh personal computers. Schaumburg, Ill.-based Motorola Inc.
Macintosh personal computers. Schaumburg, Ill.-based Motorola Inc.
and IBM will design and manufacture a new family of chips.
and IBM will design and manufacture a new family of chips.
  --The companies will have common platforms for the industry,
 
--The companies will have common platforms for the industry,
working to create and license software that will stimulate
working to create and license software that will stimulate
widespread industry development of this new technology.
widespread industry development of this new technology.
  Apple is based in Cupertino, Calif. IBM has its headquarters in
 
Apple is based in Cupertino, Calif. IBM has its headquarters in
Armonk, N.Y.
Armonk, N.Y.




UPn  07/03 1154  IBM, Apple announce agreement
;UPn  07/03 1154  IBM, Apple announce agreement
  NEW YORK (UPI) -- International Business Machines Corp. and
 
NEW YORK (UPI) -- International Business Machines Corp. and
Apple Computer Inc. said Wednesday the two computer giants have
Apple Computer Inc. said Wednesday the two computer giants have
signed a letter of intent to create new software products together
signed a letter of intent to create new software products together
and integrate Apple's Macintosh into the IBM system.
and integrate Apple's Macintosh into the IBM system.
  IBM and Apple said they will develop and market new technologies
 
IBM and Apple said they will develop and market new technologies
that both companies will put into existing and future products as
that both companies will put into existing and future products as
well as offer for use on other manufacturers' computers.
well as offer for use on other manufacturers' computers.
  The companies' letter of intent covers four areas:
 
  --They will work on a joint venture to create software
The companies' letter of intent covers four areas:
 
--They will work on a joint venture to create software
applicable from laptop to large computers.
applicable from laptop to large computers.
  --IBM and Apple will work to integrate Apple's Macintosh into
 
--IBM and Apple will work to integrate Apple's Macintosh into
IBM's system. The companies said they will also develop an advanced
IBM's system. The companies said they will also develop an advanced
operating system combining the best of IBM and Macintosh.
operating system combining the best of IBM and Macintosh.
  --Apple plans to adopt use of IBM's microprocessor in future
 
--Apple plans to adopt use of IBM's microprocessor in future
Macintosh personal computers. Schaumburg, Ill.-based Motorola Inc.
Macintosh personal computers. Schaumburg, Ill.-based Motorola Inc.
and IBM will design and manufacture a new family of chips.
and IBM will design and manufacture a new family of chips.
  --The companies will have common platforms for the industry,
 
--The companies will have common platforms for the industry,
working to create and license software that will stimulate
working to create and license software that will stimulate
widespread industry development of this new technology.
widespread industry development of this new technology.
  Apple is based in Cupertino, Calif. IBM has its headquarters in
 
Armonk, N.Y.
Apple is based in Cupertino, Calif. IBM has its headquarters in Armonk, N.Y.

Latest revision as of 05:09, 2 February 2025

APf 07/03 1333 IBM-Deals

Copyright, 1991. The Associated Press. All rights reserved. By The Associated Press

Here is a look at recent agreements International Business Machines Corp. has forged with other computer makers in the past few weeks:

--June 18: IBM announces it will invest up to $100 million in financially troubled Wang Laboratories Inc. of Lowell, Mass. Meanwhile, Wang will resell IBM computers and cut back on its own computer manufacturing to concentrate on developing office software and computer imaging products that will run on IBM computers.

--June 24: IBM and Lotus Development Corp. of Cambridge, Mass., team up in a venture expanding IBM's line of office software while giving more exposure to Lotus products. Under the agreement, IBM will sell Lotus' Notes program, which allows groups of people to share information through computer networks, as well as Lotus' electronic mail product, cc:Mail.

--June 24: IBM and Borland International Inc. of Scotts Valley, Calif., enter an alliance to develop and sell certain software to work with a new version of IBM's OS-2 operating system.

--July 3: IBM and Apple Computer Inc. of Cupertino, Calif., announce a broad agreement to share technology. The deal includes a joint venture in computer software that will simplify computer programming, and integration of Apple's highly successful Macintosh computer design into IBM systems.


APf 07/03 1314 Business News Digest

Copyright, 1991. The Associated Press. All rights reserved. Thursday AMs:

Here are the top business stories at this hour. Jill Arabas is the supervisor. If you have questions about the spot news and feature report, call AP Business News at 212-621-1686.

APPLE-IBM:

The Unthinkable Alliance Between Computer Giants Becomes Reality

NEW YORK -- Former enemies Apple Computer and IBM join forces in a broad agreement that could reshape the future of the computer industry and make easy-to-use machines available to an expanded array of consumers and businesses. The friendship treaty between the two superpowers is the most dramatic example of increased cooperation among the giants of the business. "This is the most unthinkable alliance that has become thinkable in a very short time," one industry analyst says.

Slug AM-Apple-IBM. Developing. By Business Writer Rick Gladstone. Moving on FFF- and AAA-level news wires. Graphic.

Easier to Use Computers May Result from Superpower Pact

NEW YORK -- The alliance of Apple Computer Inc. and International Business Machines Inc. could result in easier-to-use personal computers and more graphically oriented big computers used in the corporate world, analysts say.

Slug AM-Apple-IBM-Users. Developing. By Business Writer Stefan Fatsis. Moving on FFF-level news wires.

And the Big Loser Could Be Microsoft

SEATTLE -- Microsoft Corp.'s stock tumbles on news of an agreement between Apple Computer and IBM. Microsoft long has been a major provider of software for the two computer companies, but its relations with both have cooled recently.


Slug AM-Microsoft. Developing. By Business Writer George Tibbits. Moving on FFF-level news wires.

With:

  --BC-Apple-Glance and BC-IBM-Glance.
  --BC-Apple-IBM-Deal, a glance on the agreement.
  --BC-IBM-Deals, a glance on IBM's agreements with its competitors.
  --BC-Apple-IBM-Impact, a glance rounding up impact on users, industry and the markets.


OTC 07/03 1311 MICROSOFT MOVES AHEAD WITH PLANS TO LICENSE, SHIP

REDMOND, WA (JULY 3) BUSINESS WIRE - Microsoft Corp. is extending contracts for current licenses of OS/2 version 1.3 to allow computer manufacturers (OEMs) to sell version 2.0 when it begins shipping sometime around the end of the year.

Microsoft said the extended contracts will allow OEMs to stay competitive with IBM Corp. in terms of pricing and availability.

OS/2 is developed as part of a Joint Development Agreement (JDA) between Microsoft and IBM. The two companies announced last fall that IBM was taking over development of version 2.0 while Microsoft focused on version 3.0. IBM has announced plans to ship version 2.0 before the end of 1990. Microsoft's OEMs will be able to ship OS/2 at the same time.

Under the JDA, Microsoft will provide OEMs with exactly the same OS/2 code that IBM ships. This means that products such as OS/2 Extended Services/2 and OfficeVision will run on OS/2 from other manufacturers.

"IBM, recognizing the speed with which customers are moving to Windows applications, is promising that this first release of 2.0 will provide 'better Windows than Windows,' and has defined running Windows 3.0 applications as a requirement for OS/2 to succeed," said Steve Ballmer, Microsoft senior vice president, systems software. "We are pleased that IBM has taken to heart the need to do a great job of supporting Windows users in the first release of OS/2 2.0, but we believe IBM's commitment is very aggressive."

More than 50 OEMs license OS/2 version 1.x from Microsoft, and Microsoft expects them to offer version 2.0.

"Microsoft wrote the bulk of version 2.0, prior to our handing it over to IBM " Ballmer said. "OS/2 1.3 and LAN Manager form a foundation for server applications, and OS/2 2.0 needs to continue that tradition."

Microsoft is the only vendor to supply OEMs with a full line of Intel-based operating systems -- DOS(a), Windows, and OS/2. Microsoft will enable OEM customers to easily offer all these systems, and market forces can determine their respective success. Microsoft strategy and focus for the desktop remains centered on Windows.

Microsoft Corp. (NASDAQ:MSFT) develops, markets and supports a wide range of software for business and professional use, including operating systems, network products, languages and applications, as well as books, hardware and CD-ROM products for the microcomputer marketplace.

   CONTACT:  Microsoft Corp., Redmond 
   Marty Taucher, 206/882-8080 
   For General Sales and Product Information, 800/426-9400 
             or 
   Waggener Edstrom, Portland, Ore. 
   Collins Hemingway, Pam Edstrom, 503/245-0905 


Reut 07/03 1032 NASDAQ SHARES SHARPLY LOWER IN MORNING TRADE

NEW YORK, July 3, Reuter - A sharp selloff in Microsoft and weakness in the blue chips hammered the U.S. over-the-counter market, traders said.

The NASDAQ index tumbled 3.66 to 475.12 on about 16 mln shares. Losers led gainers by two to one.

"It was like a free fall," said Bob Antolini at Donaldson Lufkin Jenerette, referring to the wave of selling on the open. "Microsoft dragged down other big-name tech stocks."

Microsoft tumbled 4-7/8 to 63-1/4 after IBM and Apple Computer announced an agreement to form a new system software company which will be in direct competition with Microsoft. Apple Computer jumped 1-1/8 to 43-1/2.

Mentor Graphic dropped 2-1/8 to 13-3/4. The company said late Tuesday it expected its second quarter loss to exceed the first quarter loss.

Intel, which fell 2-5/8 on Tuesday, eased another 3/8 to 42-3/8. Sun Microsystems, another battered technology stock, fell 1/4 to 26-1/4. Novell lost 7/8 at 48-3/4. Adobe System was off 3/8 at 44-1/8.

U.S. Bancorp fell 1-7/8 to 26 after it said its second quarter earnings would fall behind the first quarter's.--NCW


APn 07/03 1157 Apple-IBM

Copyright, 1991. The Associated Press. All rights reserved. By RICK GLADSTONE

AP Business Writer

NEW YORK (AP) -- Apple Computer and IBM, historic antagonists in the computer industry, officially ended that bitter relationship today with a broad agreement on technology-sharing.

Breaking their silence after weeks of speculation, Apple and International Business Machines Corp. announced general principles of the agreement, which will combine the strengths of both to "integrate into existing and future products."

Apple's stock jumped $1.25 a share on the news to $43.50 in nationwide over-the-counter trading this morning. IBM's stock fell 37.5 cents a share to $98.75 on the New York Stock Exchange.

The agreement amounts to a friendship treaty between the two superpowers in the computer industry, which has been particularly hurt by the recession. Both companies have reported sharply lower earnings recently, trimmed their work forces and promoted lower-priced machines to boost sales.

Perhaps more important, the alliance could herald what industry analysts call an era of easy-to-use computers, resulting from the marketing pre-eminence of IBM and the creativity of Apple, which revolutionized personal computers with its user-friendly Macintosh machines.

"I think it's a very interesting and powerful force," said Barry Bosak, who follows the computer industry for Smith Barney, Harris Upham & Co. in New York. "Here are two companies that represent 40 percent of the industry joining together."

Apple and IBM said the agreement calls for a joint venture in computer software aimed at simplifying programming industrywide; integration of Apple's highly successful Macintosh computer design into IBM systems; the design and application of powerful new computer chips provided by Motorola Inc.; and the promotion of software for multimedia technology, one of the fastest growing segments of computers.

In a statement, the companies said definitive contracts between the two are expected to be signed later this year and further details would be released later. Products resulting from the deal should reach the market over the next two or three years, the statement said.

Analysts said the software and chip elements of the agreement were particularly significant because they pose a formidable challenge to the current leaders. Microsoft Corp. dominates the market in in software and Intel Corp. dominates in chips, the basic components of a computer's brain.

After the deal was announced, Microsoft tumbled $4.75 a share to $63.375 in over-the-counter trading and Intel fell 62.5 cents a share to $42.25.

For Apple, a 15-year-old Silicon Valley success story that prides itself on independence, joining forces with IBM amounts to a major reversal of attitude toward the world's largest computer company, which Apple executives once derided as an arrogant behemoth. The agreement presumably will give Apple greater access to a vast market dominated by IBM machines.

For IBM, which once rejected collaboration with smaller competitors, the pact with Apple represents the most far-reaching move yet by the company to develop relationships with other computer companies, part of an effort to become more responsive and adaptable.

IBM recently announced cooperative ventures with Wang Laboratories Inc., Lotus Development Corp. and a smaller software concern, Borland International Inc.

Computer industry analysts have said they expect to see more cooperative relationships between computer companies because the industry is maturing and no single company has the resources to develop major products alone.

Apple, based in Cupertino, Calif., is one of the leading producers of personal computer systems, with manufacturing sites in California, Europe and Asia and more than 15,000 employees.

IBM, with headquarters in Armonk, N.Y., is the largest computer company in the world and the fourth-largest U.S. industrial corporation, with revenues exceeding $69 billion last year. It has more than 373,000 employees worldwide.


OTC 07/03 1153 IBM, APPLE ANNOUNCE AGREEMENT TO JOINTLY CREATE

... NEW YORK (JULY 3) UPI - International Business Machines Corp. and Apple Computer Inc. said Wednesday the two computer giants have signed a letter of intent to jointly create new software products.

IBM and Apple said they will develop and market new technologies that both companies will put into existing and future products as well as offer for use on other manufacturers' computers.

The companies said letter of intent covers four areas of understanding:

-The companies will work on a joint venture to create software applicable from laptop to large computers.

-IBM and Apple will work to integrate Apple's Macintosh into IBM's system. The companies said they will also develop and market an advanced operating system combining the best of IBM and Macintosh.

-Apple plans to adopt use of IBM's microprocessor in future Macintosh personal computers. Schaumburg, Ill.-based Motorola Inc. and IBM will design and manufacture a new family of chips.

-The companies will have common platforms for the industry, working to create and license software that will stimulate widespread industry development of this new technology.

Apple is based in Cupertino, Calif. IBM has its headquarters in Armonk, N.Y.


UPne 07/03 1145 IBM, Apple announce agreement

NEW YORK (UPI) -- International Business Machines Corp. and Apple Computer Inc. said Wednesday the two computer giants have signed a letter of intent to jointly create new software products.

IBM and Apple said they will develop and market new technologies that both companies will put into existing and future products as well as offer for use on other manufacturers' computers.

The companies said letter of intent covers four areas of understanding:

--The companies will work on a joint venture to create software applicable from laptop to large computers.

--IBM and Apple will work to integrate Apple's Macintosh into IBM's system. The companies said they will also develop and market an advanced operating system combining the best of IBM and Macintosh.

--Apple plans to adopt use of IBM's microprocessor in future Macintosh personal computers. Schaumburg, Ill.-based Motorola Inc. and IBM will design and manufacture a new family of chips.

--The companies will have common platforms for the industry, working to create and license software that will stimulate widespread industry development of this new technology.

Apple is based in Cupertino, Calif. IBM has its headquarters in Armonk, N.Y.


UPn 07/03 1154 IBM, Apple announce agreement

NEW YORK (UPI) -- International Business Machines Corp. and Apple Computer Inc. said Wednesday the two computer giants have signed a letter of intent to create new software products together and integrate Apple's Macintosh into the IBM system.

IBM and Apple said they will develop and market new technologies that both companies will put into existing and future products as well as offer for use on other manufacturers' computers.

The companies' letter of intent covers four areas:

--They will work on a joint venture to create software applicable from laptop to large computers.

--IBM and Apple will work to integrate Apple's Macintosh into IBM's system. The companies said they will also develop an advanced operating system combining the best of IBM and Macintosh.

--Apple plans to adopt use of IBM's microprocessor in future Macintosh personal computers. Schaumburg, Ill.-based Motorola Inc. and IBM will design and manufacture a new family of chips.

--The companies will have common platforms for the industry, working to create and license software that will stimulate widespread industry development of this new technology.

Apple is based in Cupertino, Calif. IBM has its headquarters in Armonk, N.Y.