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.
2017 State of IT ReportIn today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Infographic: The State of DevOps in 2017Is DevOps helping organizations reduce costs and time-to-market for software releases? What's getting in the way of DevOps adoption? Find out in this InformationWeek and Interop ITX infographic on the state of DevOps in 2017.