Mad Dog 21/21: Not As Big Blue
May 18, 2015 Hesh Wiener
In 2011, IBM‘s revenue exceeded $106 billion. Every year since, the company’s intake has fallen, sliding 10 percent to under $95 billion by 2014. Analysts at investment bank Credit Suisse predict IBM’s 2015 revenue will drop another 9 percent to $86 billion. The CS analysts believe IBM’s revenue will dwindle to $81.6 billion by 2018. Despite this, most investors are hanging tough. The same cannot be said of IBM’s customers, who are impressed by superior systems engineering not clever financial engineering; they understandably see IBM’s failures in the server business as a danger. In 2014, according to IDC, |