TheStreet’s Jim Cramer says you can’t write off IBM because they’ve managed to reinvent themselves so many times. On Thursday the company announced it will spend $4 billion in 2015 on analytics, mobility, cloud computing and security. Cramer says IBM CEO Ginni Rometty is laying out a vision about the idea of social, mobile, media, and cloud computing becoming a larger part of the company. Right now it’s about 27 percent of the company and they want to take it to 40. But Cramer says if you take it to 40 it can’t be because the rest of IBM is doing so poorly. He says IBM is looking increasingly like an Accenture with a social/mobile component. Warren Buffett is a fan of IBM and while Cramer says he wouldn’t write IBM off, he certainly likes Salesforce a lot more than IBM.
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