Dino Watch: IBM’s Q2 Results | Platformonomics

Check the full post for some Charles Fitzgerald insights

"Investors and analysts seem to have bought into IBM’s narrative to pay no attention to the the top line and focus only on ever increasing profit forecasts, never mind whether they come from financial engineering or engineering engineering. They’re constantly “transforming” the company and getting rid of unprofitable businesses so even as revenues go down, profits will only go up, up, up (at some point, I will do a projection of where to expect the intersection between ever declining revenue and ever increasing profits)."

Dino Watch: IBM’s Q2 Results | Platformonomics