People have been saying that for over a decade now, and their business is still going.
IBM is also still going, believe it or not. 260k employees, 200 billion market cap, $67 billion revenue.
I'm not sure what they do these days - it's about 20 years since I used an IBM Thinkpad to connect to an IBM pSeries.
People have been saying that for over a decade now, and their business is still going.
So is IBM.
There was a pretty interesting article in the Wall Street Journal a few weeks back about how IBM is flying under the radar, and doing well by not taking the hype bait.
It noted that 70% of all credit card transactions on the planet go through an IBM system.
So is IBM.
IBM's business is still going so I dunno what your point is
I dunno about going strong. $1,000 in Microsoft stock in 1990 would have made you a multi-millionaire today. $1,000 in IBM stock in 1990 would make you a ten-thousandaire today.
Their entire business is predicated on search dominance, which is now on much shakier footing. Agreed that those comments were ridiculous pre-ChatGPT, but now they have a genuine challenger.