[vcf-midatlantic] IBM to break up 109-year old company to focus on cloud growth
madodel at mac.com
Fri Oct 9 18:40:26 EDT 2020
On 10/8/20 14:06, Bill Degnan via vcf-midatlantic wrote:
> IBM hasn't been the same since it sold its PC/laptops to Lenovo.
> Their cloud business is not very good, I am unsure what they think will
> happen by this action, unless it's just for the board of directors to make
> more $$.
I used to dream of when I could afford a genuine IBM Thinkpad. By the time
that happened they weren't made by IBM any more. :-( Sadly for me IBM began
going down hill when they began to stop their software development in the
mid 90's. Not just PC stuff but mainframe as well. Put me out of work. Got
so disgusted I sold all my IBM stock. Eventually bought Apple with the
cash. Worked out pretty damn well as that was pre-iPod. Not sure how
unloading their Cloud business helps IBM proper, but I'm not a business
genius. I'm sure a few people will make a lot of money off of the breakup.
Are businesses still buying mainframes?
> On Thu, Oct 8, 2020 at 2:04 PM Christian Liendo via vcf-midatlantic <
> vcf-midatlantic at lists.vcfed.org> wrote:
>> First person I thought of was Conner.
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