Updated Mar. 10, 2014 at 8:10 a.m.

Premium Lock IBM's CEO admits in letter to investors Big Blue didn't meet expectations

Published: 2014-03-10 07:57:00
Updated: 2014-03-10 08:10:57

Virginia Rometty Virginia Rometty. (IBM photo)
Tags: IBM, Lenovo

"We must acknowledge that while 2013 was an important year of transformation, our performance did not meet our expectations," Ginny Rometty said over the weekend in a letter to investors in the company's annual report. "While we continue to remix to higher value, we must also address those parts of the business that are holding us back."...

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