The State of IBM: Does It Rate a Buy?

The transcript discusses IBM's current financial and market challenges, including a downward revision in stock guidance and issues with enterprise IT demand. It explores IBM's adaptation to industry changes, highlighting the company's slower response due to its size and focus on margins. The shift to cloud computing is examined, noting IBM's competition with lower-margin companies like Amazon and Google. IBM's financial strategy, including divestment from lower-margin businesses, is analyzed. Finally, the outlook for IBM's stock performance is considered, with expectations for stabilization in 2015.

What are the two main issues identified that are affecting IBM's performance?

How has the shift to cloud computing impacted IBM's competitive position?

What was the significance of the $20 EPS roadmap established back in 2010 for IBM?

What strategic move did IBM announce regarding its chip manufacturing division?

What factors are influencing the potential turnaround of IBM's stock in the near future?