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Re:IBM’s Old Playbook by crunchlibrarian on Monday October 29, 2018 @02:19PM (#18329791)
Last quarter IBM had free cash flow of 2.2B. They spent 2.1B of that on stock buybacks and dividends

You can't really hide your lack of R&D or missing long term vision with numbers like that.

Re:IBM’s Old Playbook by yangikan on Monday October 29, 2018 @03:03PM (#18330255)
Free cash flow is after R&D expenses.