IBM is Not Likely to Survive Another Decade
Despite having already survived over a century
When Novell put an IBMer in charge as its CEO it was bound to collapse. Indeed, within a few years Novell was no more and its last CEO kept chasing me with lawyers to remove perfectly factual articles because, according to him, they were "old". We're accustomed to SLAPPs; of course nothing was removed and not a single page got edited.
IBMers are litigious. They got trained (at IBM) to be like that.
At IBM, the debt is soaring, the morale of staff is in the metaphorical toilet (they like to say "vindaloo in the loo"), and it certainly seems like they are cooking the books to defraud shareholders while the company circles down the drain and faces lawsuits from its own staff (like Mandriva at one time; its chief said the lawsuits sank the company for good).
If IBM's debt continues to soar while workforce gets deflated and intangible fantasies like "goodwill" get inflated IBM will end up like Novell in 2010. Last week we saw claims that some company would likely acquire IBM for its remaining assets. █