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IBM Dives Toward Worst Day in 40 Years — Is the Turnaround Story Broken?

$IBM Corp (IBM.US)$ shares plunge toward their worst single-day performance in nearly 40 years following a disappointing earnings report. Th Show More
$IBM Corp (IBM.US)$ shares plunge toward their worst single-day performance in nearly 40 years following a disappointing earnings report. The CEO pointed to weakness in the infrastructure segment as the primary culprit, but analysts are skeptical, arguing the miss signals deeper trouble in IBM's enterprise IT transformation strategy. Is IBM's turnaround story falling apart?
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