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It seems that IBM is really struggling to stay connected to reality, let alone run a profitable business.
by AlexCoventry 9y ago
It seems that IBM is really struggling to stay connected to reality, let alone run a profitable business.
- jacquesm 9y agoAre you suggesting IBM is not profitable?
- AlexCoventry 9y agoThey seem to be running on inertia at this point. I haven't seen any plausible new enterprises from them. It's possible I'm looking in the wrong places, though.
- jacquesm 9y agoFully agreed, but they've been running on inertia for the last two decades, but that has nothing to do with profitability. They're still printing money, every quarter and are paying out substantial dividends. Obviously that can't go on forever and they're desperately searching for a path to a viable future but for the moment they are definitely in the black and will - as far as I can see - stay there for quite a while to come.