In 1914 Watson took over an ailing vendor of business equipment called Computing-Tabulating-Recording Co.
Moreover, business equipment and software spending showed the first decline in more than three years.
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For example, Dems could favor the tax expensing of business equipment over depreciation.
At the current rates of growth the production of business equipment will reach new highs by the end of the year.
Corporations should be allowed to expense all business equipment and investment.
After collapsing during the recession, investment in business equipment has bounced back, rising 17% in the last quarter of 2010 from the figure a year earlier.
And the GDP figures showed that spending on business equipment is picking up: it rose by 6.5% at an annual rate in the third quarter, the fastest pace for more than two years.
Furthermore, since the US entered its period of very low interest rates we have seen that industrial production in business equipment has well outperformed that of consumer goods and indeed, it is business equipment that is driving what recovery we have.
It had an OK but hardly exciting telecomm equipment business (equipment for use with DSL broadband and telephone net work monitoring).
Downturns in those sectors would, as in any recession, have ripple effects on consumer spending and business capital equipment purchases.
And its strongest business is equipment leasing, which allows companies to take capital costs off their balance sheet something that debt-laden Asian firms are particularly keen to do just now.
Mark Spencer finishes his barbecue and resumes wreaking havoc on the multibillion-dollar phone equipment business.
Meanwhile, exports fell, and business spending on equipment and software slowed from the second-quarter pace.
The Nokia Siemens Networks equipment business will also be gone if Elop can find a buyer.
Verigy , a Singapore-based company that is in the semiconductor automatic test equipment business.
Cisco Systems competes with Juniper Networks and Alcatel-Lucent in the network equipment business.
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He retired 20 years ago after a prosperous couple of decades running an oil drilling equipment business.
At the other end of the glitz scale is Hertz's niche business of renting equipment to large construction firms.
In the semiconductor equipment business, the company is seeing a greater-than-seasonal decline in demand, hurt by ongoing macro weakness.
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Business investment in equipment and software grew at its fastest pace in more than a year, rising 12.4 percent.
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Well, so much for Cisco getting out of the cable equipment business.
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His brother David runs a chemical equipment business out of New York City.
"Rich was even-toned but totally lacking in ambiguity about what he expected, " says Patricia Russo, who runs the carrier-equipment business.
He liked the prospects of Verigy , a Singapore-based company that is in the semiconductor automatic test equipment business.
The news follows some ominous comments on the near-term outlook from several players in the semiconductor equipment business, including Applied Materials.
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Its construction equipment business manufactures excavators, wheel loaders, forklifts and skid loaders.
Remember when Exxon bought its way into the office equipment business?
This telecoms equipment business, competing head-to-head with American and European giants, has a skilled workforce earning many times what a mobile phone assembler makes.
So while we have grown more cautious for the current quarter, we are still confident that the long-term drivers of semiconductor equipment business remain intact.
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