The pressure on Rometty keeps growing—as IBM’s revenue continues to shrink. In July the tech behemoth reported that sales had contracted yet again, marking its 21st consecutive quarter of decline. Earlier, in May, famed investor Warren Buffett sold off a third of his company’s shares in IBM, sending the stock tumbling. But there are bright spots too. Revenue from newer businesses like analytics, cloud, mobile, and security now account for 45.6% of sales, up nearly five percentage points from the year before.
For more on Rometty, read Fortune’s 2014 feature “IBM CEO Ginni Rometty Gets Past the Big Blues.”
Company Financials (2016, or most recently completed fiscal year)
|Market Value as of 9/14/17 ($M)||135634.6|
Ginni Rometty: Why We Unloaded $8 Billion of Our Business
The IBM CEO discusses the big changes her company has made over the past few years.