Thread

Red Hat being phased out of existence?

213 points · 143 comments · amcclure

Danox · 1790881561 · focus · HN ↗
IBM, are they still in business? I thought they were comatose like Xerox, and Kodak. :)
1. wmeredith · 1790882018 · focus · HN ↗
  They had $67 billion in revenue last year, which was up 7% from the previous year. Not exactly out of business.
2. xxpor · 1790884885 · focus · HN ↗
  Essentially every single electronic financial transaction that you do (outside of crypto exchanges) involves an IBM mainframe. A huge number of businesses run on top of IBM I (like Costco).
  It's plenty alive, just not as much inside of Silicon Valley itself.

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