"Not all of IBM's history was glamorous or high tech. The company sold clocks and cheese slicers in 1914. "We had one hell of a cheese slicer," Palmisano quipped.
It also had bombs like the PC Junior and OS/2 operating system. "We haven’t been known as a marketing company," said Palmisano. "There's an old joke that IBM products aren’t launched, they just escape from the lab," he said."
http://www.eetimes.com/electronics-news/4218534/IBM-CEO-How-to-live-to-100