IBM Gives Loan To AMD Via Its Global Financing Arm
11 January, 2010
Our Comments
IBM is sitting on billions of dollars of cash and it seems a good idea to look for a better rate of return by themselves rather than waiting for the bank to bring in a comfortable return on investment. As we've suggested before, Cisco, Microsoft and Apple all have significant cash reserves.
Related Links
IBM Will Offer China Financing
(Wall Street Journal)
UPDATE 1-IBM steps up financing business in China
(Reuters)
IBM to provide finance AMD distributors' sales receivables in China
(Domain B)
IBM set to launch financing business in China
(VIP Loan)
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