IBM always seems to be in the process of shifting it&#x27;s strategy. When I was there around 2006&#x2F;7, they were in the process of cutting down on R&amp;D, reducing it&#x27;s footprint in the hardware space, and generally moving towards services (presumably because the margins were very high). I would say it&#x27;s a large company that&#x27;s trying to find it&#x27;s place in the world again. That&#x27;s not to say they don&#x27;t make a ton of money, but over the last 20 or so years they&#x27;ve been &#x27;getting out of&#x27; a lot of businesses.