[WildUtah]

Notable inventions by IBM include...[only one thing invented in the last forty years].

Your claim doesn't really argue against the description "old dying giants." The best response might be that IBM is still profitable, but you didn't include that.

[iends]

I realize that Wikpedia is the source of all information in the world but IBM has created or contributed to a considerable number of interesting things more recent:

- Eclipse

- Dojo

- Apache Software Foundation (Apache WebServer, etc)

- PowerPC

- Watson

- SWT

- Deep Thought

- Deep Blue

- http://en.wikipedia.org/wiki/IBM_(atoms)

- http://singularityhub.com/2012/10/03/ready-new-microscope-te...

- http://www.forbes.com/sites/alexknapp/2013/05/01/ibm-made-a-...

- http://news.cnet.com/8301-11386_3-57541381-76/ibm-brings-car...

The list goes on, and on, and on.

I don't really think IBM is an old dying giant, it's just lost its way a little focusing on short-term shareholder value. Ginni Rometty might not be the right person to lead IBM.

Disclosure: I'm long IBM :)