International Business Machines Corp’s Biggest Failure in 2016 So Far

I recently discussed International Business Machines’ (NYSE:IBM) business model and its three best moves in 2016. Those moves included its partnerships with NVIDIA in machine-learning GPUs, Cisco in edge analytics, and Workday in cloud-based HR management.Today, I’ll focus on IBM’s biggest failure of the year — failing to break its streak of 17 consecutive quarters of year-over-year revenue declines. Let’s discuss why IBM’s top-line growth is in such bad shape, and how it plans to get its sales back on track. IBM Studio, London. Image source: IBM. The infamous $20 promise IBM’s current problems can largely be attributed to former CEO Sam Palmisano’s plan to double the company’s earnings per share from $10.01 in 2009 to $20 by 2015. That plan sounded impressive and even Warren Buffett, who famously avoids tech…


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