Well, they're changing...

Honestly, for years watching them sell stuff and gradually back out it's looked like they were dying. Now it's very clear that they are making a gigantic bet on Watson and Watson like technologies. That's exciting.

unfortunately, this is exactly what is happening. I started at IBM's server group (P-Series) and when I left (right around when Sam Palmisano retired) there was a slow move towards changing from a development company to acquisition company. Sad to see it decay.. hopefully they have a plan.