IBM in Tug of War Between Legacy and the Leading Edge - NYTimes.com

From a snapshot of IBM's latest metamorphosis

"Steven Milunovich, an analyst at UBS, estimates that these businesses account for 21 percent of IBM’s revenue. But the new technologies, like cloud computing, also pose a threat to other parts of IBM. For example, software delivered remotely over the Internet as a cloud service can replace traditional business software on corporate desktops and in data centers. “There is sort of a tug of war going on inside IBM,” Mr. Milunovich said. “And the question is, can the company really grow in the new technologies and still keep a strong, steady business in the older technologies?”"

IBM in Tug of War Between Legacy and the Leading Edge - NYTimes.com