Channel Register

Comments on: EDS delivers final final numbers

revenue... 

Posted Tuesday 29th July 2008 11:23 GMT

"The services company, which is due to be swallowed by HP in the next few months, turned in revenues of £5.6bn for the quarter ending June 30, up three per cent on the year. Wall Street analysts had been primed for revenues of $5.7bn."

Blimey... they delivered £5.6bn rather than $5.7bn. No wonder HP were pleased to buy them... ;-)

EDS Stands for 

Posted Tuesday 29th July 2008 12:22 GMT

Jobs Halo

Everything Done on a Shoestring

Re: EDS Stands for 

Posted Tuesday 29th July 2008 13:27 GMT

Joke

Excessive Defects in Systems.

Re: Re: EDS Stands for 

Posted Tuesday 29th July 2008 14:36 GMT

Joke

Every Day is Shit

Re: Re: Re: EDS Stands for 

Posted Tuesday 29th July 2008 15:01 GMT

Joke

Exceptionally Dodgy Software

WHAT?? 

Posted Tuesday 29th July 2008 15:09 GMT

Thumb Down

$130 million, (i.e. £65 million) profit, on $5.6 BILLION?????????

Er, I'm no financial guru by any means, but that really does sound shite to me. They must be like the MOST in-efficient company in the universe. Where's all their bloody money going? Burn 5.6 BILLION to make a profit of 130 million...

HOLY SHIT.

Apologies if I've missed something really obvious, but like, HOLY SHIT!

re: TMS9900 

Posted Tuesday 29th July 2008 18:25 GMT

Alien

"Where's all their bloody money going? Burn 5.6 BILLION to make a profit of 130 million..."

I was once asked to attend a fairly highish EDS managers meeting in the UK (there was no other tech guy available so I ain't nowt special). The talk consisted about expenses, SAP codes, hotels, how to claim all the travel miles, where to eat, what to eat.....get the message.

The meet lasted 2 days, the first day we attended, everything (and I mean everything) could have beed resolved within a 1 hour teleconference. The second day only lasted 3 hours before everyone had to fly back to Germany, Switzerland, Belguim and one from USA.

The cost of this small meeting was enormous - the output could have been resolved easily by telephone and email. This was I believe a typical day in many EDS centres.

I could also go on about EDS software that nobody wants or uses, the huge number of middle managers, the cost of contractors that were employed at my account because the managers didn't want to train anyone to do the job that many on the account would have done for a little increase in wages. The constant turn over of staff...ie train them up and then see them leave for a job at macDonalds for better wages!!!

Oh I could go on....and on....I am now an Ex EDS staff ;-)

Just a contractor but... 

Posted Tuesday 29th July 2008 19:32 GMT

Unhappy

for what EDS charged my time back to their clients for, it could have funded several other people just like me, if EDS had been taking a fair cut. There seem to be many layers of management that add little of value...HP should have a field day with this...they don't have enough of the people at the worker level who do very good work (when given the chance.)

Goes to show... 

Posted Tuesday 29th July 2008 21:48 GMT

The only hindrance to making a profit is not having enough people to fire.

Re: EDS Stands for 

Posted Wednesday 30th July 2008 05:49 GMT

Exceptionally Dense Shitheads

Sheessh 

Posted Wednesday 30th July 2008 11:02 GMT

Wooww, even IBM's ex PC group made more money than that before IBM flogged em off to Lenovo. I guess plenty of trimming once HP gets a hold of them... if there's any meat left.

EDS Stands for... 

Posted Wednesday 30th July 2008 11:32 GMT

Eventually Delivers Something....