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It's all fungible land, rent, concrete store walls, and staff. They have many competitors with practically identical overlap in business. IBM is not like at all like this.

Ermm yes it is. What do they do that HPE, DXC, Accenture, Crapita, Fujitsu, TCS, Infosys, Wipro yadda yadda don’t? All IBM had left is the rapidly tarnishing prestige of their once mighty brand.

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