I'm sympathetic to the view that "IBM is failing" lacks evidence, but trying to look at the evidence objectively, IBM doesn't seem to be doing well relative to the tech industry broadly. Their stock price is flat since 2000, while the SPY is up 5x. Their revenue is flat/decreasing since 2005 (as far back as I can find).
It's possible IBM never dies, or even never shrinks, but stays the same as the world grows around it. That seems like the same thing.
It's possible IBM never dies, or even never shrinks, but stays the same as the world grows around it. That seems like the same thing.