IBM is betting its future on growth in new businesses that it calls "strategic imperatives", but the 5 percent revenue growth in its latest quarter came from the 10 percent decline in the value of the US dollar
IBM increased revenues by a real 1 percent in its latest financial quarter, but annual results were down for the sixth year in a row. The company is almost back to where it was 20 years ago, excluding inflation.
The company that was once a symbol of American power has cut back its US-based workforce and now roughly a third of its employees are based in India. Does it matter?
IBM had high expectations when Warren Buffett started buying its shares in 2011. But so far it has failed to deliver, and both turnover and profits are lower than they were back then, not higher.
Berkshire Hathaway's founder Warren Buffett has admitted that buying IBM shares was a mistake. He has sold 30 percent of his 81 million shares because the company failed to live up to the expectations it held in 2011.
IBM has registered 20 consecutive quarters - five whole years - of revenue declines, but it could be about to turn the corner if its investments in "strategic imperatives" pays off, according to Thomas Pangia
IBM has just recorded its 20th consecutive quarter of declining year-on-year revenues. Now it has been overtaken by upstart Google, and it isn't even keeping up with Microsoft, let alone Apple. What could have been the first trillion-dollar company may never see $100 billion again.
IBM's revenues may have declined for 11 consecutive quarters and its stock price has fallen, but its CEO, Virginia Rometty, is taking a hefty addition to her already substantial paycheck
John Akers, who had died aged 79, was CEO and president of IBM when the company lost control of the PC business, and made the biggest annual loss in its history.
The deal between Apple and IBM is based on the idea that IBM can still make a significant impact on the IT market. However, IBM's power has been diminishing for decades, and it's far from certain that CEO Virginia Rometty can reverse the company's decline.
