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IBM Struggles But Generates Strong Cash Flow

Once the pioneer and leader in establishing technology as a real sector, IBM became outdated as a corporation. It lagged behind on innovation and on overall competitiveness. When one thinks of IBM, one thinks of old white men in grey suits fiddling around with massive mainframe machines. And that image has translated into a stock price falling faster than the pull of gravity. Yet while the corporation tries to regain its footing, it still does a massive amount of global business and throws of loads of cash...