Can Red Hat Save IBM?
zdnet, February 2nd, 2019
February 2, 2019,
Volume 250, Issue 5

"IBM's latest financial results show three or four years of stasis. That is better than declines, but can the $34 billion purchase of Red Hat put Big Blue back on a growth track?...

Probably the best thing you can say about IBM's latest financial results is that they were OK. The company's revenues are pretty flat, which means it is still losing market position relative to the competition.

IBM just declared annual revenues of $79.59 billion for fiscal 2018, which is roughly the same as the $79.14bn it made in 2017, and the $79.92bn from 2016. In fact, it's not significantly different from the $81.74bn it declared for 2015..."

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