This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Ingram's Management Present At Bank Of America Merrill Lynch Global Technology Conference (Transcript)

A little bit different business in the sense of little bit lower margin at this point in time, the gross margin. But the operating margin is very well. It’s very nice. It’s kind of around the company average and the return on capital is nice. So it’s a good business and we have to invest in this area of business basically so we can get the critical mass and then start tying services around there, so we think about refurbishment services.

We got activations; we continue to tie around additional services around the mobility space and tie it overall with the system convergence. So mobility obviously driving convergence between consumer and enterprise and we basically and definitely have to play. So it’s a good business and we’re focusing on expediting the overall execution in that in 2012.

Ingram Micro logistics, our fee for service business, again its an area strategically where we over the last probably 13, 14 months really worked on revamping some of the contracts and driving out more efficiencies in the process and really working on obtaining new businesses and its really operating well. But our view is drive growth and drive authorization concurrently to really drive success. Q1 was a very nice quarter for us and we expect that continue to grow with our nice pipeline of potential new business going forward.

And lastly, with execution on developing our cloud infrastructure and cloud exchange business, so as many of the people know that cloud value proposition is very similar to a hard goods or physical distribution value proposition. In the cloud there is going to be both on-premise technology; there is going to be cloud technology and support that’s going to be people that integrated that existing ERP systems or systems with cloud software and hardware computing power.

3 of 4

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,031.14 +43.63 0.26%
S&P 500 1,984.13 -1.41 -0.07%
NASDAQ 4,518.9020 -48.6960 -1.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs