Image source: Google. Some investors might be wondering if Alphabet is doomed to become the next IBM, which lost the PC and enterprise software markets to its nimbler competitors over the past ...
Like the old IBM, Alphabet is trying to offset that pressure by pruning its workforce, cutting costs, and buying back 11% of its shares over the past five years. However, its future could remain ...
Its strategies might spark some unflattering comparisons to the old IBM. Alphabet is still growing, but investors shouldn’t expect smooth sailing. Over the past decade, Alphabet's stock rallied ...
1 after 44 years with Armonk, N.Y.-based IBM. Donofrio will not be replaced. Zeitler will shortly turn 61 years old, while Donofrio is 62 years old. IBM executives typically retire at about 60 ...
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