“We grow by expanding Red Hat that way,” Rometty explained to CNBC’s Jim Cramer in a “Mad Money”
interview, alongside Red Hat CEO Jim Whitehurst.
Does anyone else prefer for Ginni to tell us how much the existing IBM resources are going to shrink due to the Red Hat deal?
https://www.cnbc.com/2019/07/09/ibm-ceo-ginni-rometty-red-hat-software-benefits-the-whole-company.html
They grow by baking red hat into ela renewals for a year or two. Then the Ponzi scheme comes home to roost. It's fake growth.
I realy wish this turns out to be true. Sadly I don't see this happening
Plenty of resources can be dissolved, especially in the bloated GBS/GTS disaster area.
The earnings report alone is so dismal that I cant believe IBM has not made massive changes sooner.