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IBM is a perfect example. The trouble was really not trouble at all. They felt the tremor, but that's it.
by sametmax 8y ago
IBM is a perfect example. The trouble was really not trouble at all. They felt the tremor, but that's it.
- monocasa 8y agoIBM is a withered husk of it's former self.
- Retric 8y agoAdjusting for inflation IBM is worth more now than it was in 1980 and it's been kicking off a lot of dividends. Calling it a husk is misleading. Sure it failed to keep up with the growing size of the PC market, but that's a long way from failure.
- cm2187 8y agoThe pie has become gigantic but their share of the pie has reduced to pretty much zero% from close to 100%.
- Retric 8y agoThey never got close to 100% and they still make ~1/4 what google does so that's far from nothing.
- monocasa 8y agoI've heard on the grapevine that they've been selling off real estate and other capital to stay in the black.
- Retric 8y agoI don't see how that's generating 10+ billion per year in profits. Their P/E is 12 and they are worth ~130 billion. It would be one thing if they where nominally profitable, but that's a lot of money.