Posted Jul. 19, 2017 at 7:12 a.m.

Premium Lock IBM can't shake revenue blues despite new initiatives

Published: 2017-07-19 07:12:53
Updated: 2017-07-19 07:12:53

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Shares in IBM took a major hit in after-hours trading Tuesday after the tech giant reported revenues that failed to meet analysts' expectations. Big Blue has now reported 21 consecutive quarters of year-on-year sales declines. So what's next?...

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As an ex-IBM'er, I tend to root for IBM to be successful. The IBM I knew already had the technology that led to the computer revolution we enjoy today. But one thing has always stood in IBM's way ... IBM itself.

Cost is what created the need for personal computers. The extremely high cost of time on mainframes drove the masses to personal computers.

Now we (IBM) have a second chance. Watson ROCKS!! Concerns about the security of one's workload and data SHOULD push us towards IBM, but AGAIN cost stand in the way.

IBM PLEASE "THINK". We can be, and beat, Amazon. We have the technology lets work on how we get it to the masses.
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