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I'm not saying you are wrong, but the United States happened to Standard Oil. And IBM is still a contender. To 50 company and one of the largest employers in th
by chrismcb 4y ago
I'm not saying you are wrong, but the United States happened to Standard Oil. And IBM is still a contender. To 50 company and one of the largest employers in the world.
- lotsofpulp 4y ago#99 by market cap: https://companiesmarketcap.com/ibm/marketcap/ https://companiesmarketcap.com/ibm/marketcap/ Profit, profit margin, and number of employees has been in steady decline for many years: https://www.macrotrends.net/stocks/charts/IBM/ibm/net-income https://www.macrotrends.net/stocks/charts/IBM/ibm/net-income https://www.macrotrends.net/stocks/charts/IBM/ibm/profit-margins https://www.macrotrends.net/stocks/charts/IBM/ibm/profit-mar... https://www.macrotrends.net/stocks/charts/IBM/ibm/number-of-employees https://www.macrotrends.net/stocks/charts/IBM/ibm/number-of-... The decline is especially meaningful for them because the field they used to compete in (tech) exploded over the last 15 years. It has long been turning into a body shop where you would not expect to see any advancement, surely not like the old days.