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Comment by smokefoot

Which is so weird, right? Like what is IBM now and how does a research lab make sense with the rest of their business?

The money-making parts of IBM are: legacy software and hardware (declining), consulting (low margin, low leverage), enterprise software (mostly redhat, not really growing). It's hard to explain how IBM research is accretive to any of that.

parent smokefoot 4 months ago

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