Many years ago (pre-Fbook/Google) I recall thinking “Most of the smartest technic people I know are going to Apple” and “The ones at IBM are business majors lat

Many years ago (pre-Fbook/Google) I recall thinking “Most of the smartest technic people I know are going to Apple” and “The ones at IBM are business majors latching onto standards.” After Gerstner saved them from the dead, it took much longer than I expected for IBM to flounder. Perhaps this is because they were smart enough to not invest (waste money) in new technology that they were incapable of building. Yes, for them it was smart. They created much more shareholder value buying back stock and auditing their existing customer base as they wind the company down. It’s awful to be a customer of theirs when your predecessors let them in the door, but that’s how they keep the machine running.