IBM Says Nothing About Power Systems In Q4
January 31, 2022 Timothy Prickett Morgan
In the wake of its spinout of the Kyndryl managed services business, which represented about a third of the company’s revenues and employees, Big Blue has changed the way it organizes its groups and divisions which, generally speaking, more accurately reflects what it sells and the underlying systems business that is International Business Machines.
Which is great. We have been kvetching about this since 2016, the last time IBM reorganized its business and its financials, so hooray. And we did a preview of the new financial reporting segments, and how IBM backcast them into 2020, with our own revenue …
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