While new orders showed some vigor, shipments of computer products from April to May edged up a mere 0.9%, and total inventories remained virtually flat, rising only 0.2%. Unfilled orders actually declined by 1.1%.
WorldCom said it had improperly transferred line-cost expenses worth $3.055 billion in 2001 and $797 million in the first quarter of 2002 to its capital accounts, resulting in inflated earnings statements for those periods.
The Business of Going DigitalDigital business isn't about changing code; it's about changing what legacy sales, distribution, customer service, and product groups do in the new digital age. It's about bringing big data analytics, mobile, social, marketing automation, cloud computing, and the app economy together to launch new products and services. We're seeing new titles in this digital revolution, new responsibilities, new business models, and major shifts in technology spending.