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> I do not understand how IBM stays in business. I understand why you're saying this. I have no idea either. However, open their 10-K and you'll find out how t
by tinyhouse 5y ago
> I do not understand how IBM stays in business.
I understand why you're saying this. I have no idea either. However, open their 10-K and you'll find out how they make money. In fact, while their revenue and profits are declining, they still make more than $70B in revenue a year with a profit of about $4-5B, so their ability to stay in business is higher than many tech companies that are not profitable.