Re:IBM is splitting itself into two public companies
by rbanffy on Thursday October 08, 2020 @03:26PM
(#24722821)
Lenovo's margins are still razor-thin. The thing that bothers me most about IBM keeping POWER and Z is that I can't afford either, because the margins are eye-watering.
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Re:IBM is splitting itself into two public companies
by StillBored on Thursday October 08, 2020 @03:39PM
(#24722970)
Fine, thin margins. So grow your market share and revenue, which is exactly what they did.
Since ~2005 they have ~5x'ed their revenue. Which is pretty significant if you consider one of IBM's big problems has been declining revenue. Proving the problem with the business wasn't the business itself but IBM management.