Will IBM be the next Microsoft or Nokia?

Arvind Krishna, IBM’s incoming chief executive, has a tough task ahead of him. He will replace current boss Virginia Rometty in April, the company announced on Thursday. Shareholders won’t miss her: At $121 billion, Big Blue’s market value has almost halved since she took the reins at the start of 2012. It now has a reputation as a former hardware provider that lost its way when the world moved on. Microsoft’s resurgence under boss Satya Nadella offers the best path ahead.
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