NET(net) has written extensively about IBM and their leader, Ginny Rometty, and her failing strategies. Most of their solid revenue is coming from mainframe, which we see them over-charging for regularly. Read below, a great article about their latest issues with Watson, what is supposed to represent the future of IBM:
What Went Wrong with IBM's Watson
By: Felix Salmon, from Slate Magazine
"IBM is shrinking: In 2011, when the company first introduced the idea that Watson might be able to one day cure cancer, its revenues were $107 billion. They’ve gotten smaller every year since, ending up at $79 billion in 2017. That presents enormous problems for any CEO, who’s generally charged with growing the company, or, failing that, growing the stock price."
To read entire article and learn more about the over-hyped Watson, click below: