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Remember that IBM Posted an 8 Billion Dollar loss in 1992. It was on the verge of being broken up. To go from there to a ~$212B Company with Revenues of $104B
by whatusername 13y ago
Remember that IBM Posted an 8 Billion Dollar loss in 1992. It was on the verge of being broken up. To go from there to a ~$212B Company with Revenues of $104B and Income before tax of $21B. --> I think IBM still counts as one of the biggest corporate turn-arounds in history.
IBM was never any good at B2C. Getting back to B2B played to it's strengths.