Sad to say it is much easier for a large company to build a big new business than it is to make it profitable, as Honeywell found with its MiniComputer Operations, which grew to near $500m a year without actually turning a profit, so it is a tribute to NCR Corp’s management that its three-year-old personal computer business was profitable in June, and while it will still likely lose money for 1987 as a whole, it should turn a profit in 1988.
This article is from the CBROnline archive: some formatting and images may not be present.
CBR Online legacy content.
Join our newsletter
Industry leading data and analysis for the FDI community