Despite Fortune ranking it among some of the top tech firms, International Business Machines’ (IBM) revenues have declined for ten consecutive years. During this period, IBM’s legacy businesses struggled, and the stock looked like the definition of a value trap.    However, IBM could be on the cusp of a transformation. The spin-off of the managed infrastructure services division, a business that has weighed on results, will occur by year-end. Bulls believe that once the divestiture is complete, IBM’s cloud and block chain businesses will drive growth.
https://www.tipranks.com/news/article/can-ibm-compete-with-the-cloud-computing-heavyweights