IBM, (NYSE:IBM), otherwise known as Big Blue, reports their Q1 '17 financial results after the bell on Tuesday, April 18th, 2017.
IBM is one of the few "tech" companies that has successfully navigated the transitions of the last 3 - 4 decades, sometimes very poorly, but here is the thing about IBM. With each transition, from the PC and server boom of the late 1980's through the 1990's - which the tech giant totally missed in the until 1995 - to now playing "catch-up" with the Cloud, as their IT and data services business erodes, while IBM is typically very late, they usually get it right.
The "Strategic Imperatives" business of IBM today is their answer to the "next big thing" in technology. And while it is taking a while to get traction, similar to the same transition that Oracle (NYSE:ORCL), Microsoft (NASDAQ:MSFT), and the tech giants of the 1990's are seeing, I do think IBM and Ginny Rometty will get it right, and start to drive revenue growth again.
