Korea's Global IT Enterprises Turnover still climbing, though performance falling short of expectations Global IT enterprises' previous quarter business performance (Oct.~Dec. 2005) such as Intel, Yahoo and IBM etc. appeared to be a low-pitched level below expectations. The performance of Korea's major IT enterprises is expected to reveal a surprising earnings shock, causing confusion in global stock markets, leading to urcertainty when those companies' performance hovers below the market's expectation mark. First of all, Intel said that the company's fourth quarter net profit last year posted $2.45 billion (40 cent per share), up 15.6% in comparison with the same quarter of the previous year $2.12 billion (33 cent per share). Intel's turnover also remained at $10.2 billion, up 6.3% than the same quarter of the preceding year $9.6 billion. These Intel figures are hovering below analysts' expectation mark of 43 cent profit per share and turnover of $10.56 billion. About such disappointing performance, Intel said that the company appears to be losing some market share to AMD. In the case of IBM, the company's turnover decreased 11.7% with $24.43 billion than the same quarter of the preceding year $27.67 billion. IBM's turnover decrease is analyzed to be due to the influence that IBM sold its PC business division to China's Renover. Nokia's pretax profit also during the fourth quarter of last year was forecasted to be 1.496 billion euro (approx. $1.88 billion), decreased 3.9% in comparison with the same quarter of the preceding year. As the performance of Korea's major IT enterprises falls short of expectations, global stock markets are getting jittery. In fact, the New York stock market declined markedly as the Dow index 10.900 point level showed signs of collapse. Though previous quarter business performance seems to be somewhat unsatisfactory to global IT enterprises, their Korean CEOs in Korea are presenting an upbeat outlook for the New Year. Let's take a look at what they have to say ...Ed.