System/390 had a 58 percent declined in sells b. The company wanted to increase the bank credit to $4.7 billion c. IBM operated in 44 countries, peaked at $27 billion in 1990, between 1990 and 1992 pertax profits had declined from 18 percent in 1990 to 6 percent in 1992. d. Two perceptions emerged: 1. Rapid declining mainframe sell 2. Higher prices than competitors e. 90 percent of the companies profits originated from large servers and software.[Learn More ...]