Actually, IBM is still doing OK, much better than in the Akers years. IBM never really had mass consumer market penetration. Even the IBM PC/XT/AT breakout product was effortlessly fumbled away by IBM, which couldn’t at the time make a good playbook for its hot shot players (PCjr, PS/2 models, anyone?). Apple should be likened more to General Electric or RCA.
Last count, a large percentage of IBMers were Indian...and IBM is 1/4 the size it was in the 80's (employee-wise)...