Among tech firms,
has attained an strange feat. Its stock has truly lost ground—a ton of it—even even though the tech sector has soared. IBM shares have lost a 3rd of their worth over the previous 5 yrs. Above that similar time time period, Apple’s stock has approximately tripled. And the wide market place is up 55%.
The times of IBM dominating tech are long absent. That created its announcement previous week that it was paying $34 billion to invest in program company Pink Hat fairly noteworthy. The acquisition is IBM’s major-ever purchase and the richest U.S. program offer of all time.
In this week’s episode of The Readback, Alex Eule talks to Barron’s Tae Kim about IBM’s tried reboot.
Read Tae Kim’s total story on the IBM-Pink Hat offer.
The Readback is a podcast from Barron’s hosted by Alex Eule, managing editor for disruption. The display is generated by Mette Lützhøft.
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