What's Going Wrong at IBM?

The landscape of the tech industry is dotted with the remains of once-powerful players that grew fast, led for a while, and then failed to pivot with the changing times. It’s possible to have a strong second or third act though, and for a time, it appeared IBM (NYSE: IBM) was on course to achieve a good one. Unfortunately for its shareholders, there was a speed bump on the road to rebound last quarter: The company reported this week that revenue shrank, and growth in its vital "strategic imperatives” businesses slowed. Seriously, when IBM's legacy mainframe business is the strongest performer in a given quarter, one has to see that as a problem.

In this segment of the Market Foolery podcast, host Chris Hill and senior analyst Andy Cross talk about the investment thesis around IBM stock, Warren Buffett’s view, the untapped power of Watson, and more.
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What's Going Wrong at IBM? investors bank email
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News & Politics	Upload TimePublished on 19 Oct 2018

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