The problem is that they are selling the business instead of adjusting it's structure to bring it inline with the levels of profits they are confortable with.

The problem is that they are selling the business instead of adjusting it's structure to bring it inline with the levels of profits they are confortable with. The profits fell over the years because of 'disruptors', IBM could't accept the losses so they decided to sell. It happened 10 years ago in the PC, now it's happening with low end servers, maybe in 10 years high end servers are not going to be profitable for IBM any more and they are going to get rid of them.