IBM is in a strong financial position, backed by consistent cash flow, disciplined capital allocation, and a well-managed balance sheet under CFO Jim Kavanaugh. The company continues to invest strategically in high-growth areas like AI and hybrid cloud while maintaining financial stability, showing that its transformation is being executed from a position of strength—not weakness.
22 replies (most recent on top)
@1cs you are 1,000% correct. Recently as we saw when IBM's "partner" Anthropic announced easily and cheaply converting COBOL on Mainframe:
"IBM stock dropped 13.2% on Monday, February 23, 2026, marking its worst single-day performance since October 2000. The sharp decline, which wiped out roughly $31 billion in market value, was triggered by Anthropic’s announcement that its Claude Code AI tool can efficiently modernize legacy COBOL systems."
You IMMEDIATELY saw cheer leaders like Robbie The Hood write Blogs "...not to worry. COBOL is not what is important. It is our sheet metal that makes the z mainframe so great and so moat protected...". SMH. So Much Horse ^&*(.
It was clear IBM put the word out to all the external cheer leaders it pays that they also needed to weigh in "...it is the IBM mainframe and not COBOL that is the customer advantage". Just such lies and amateur hour.
ALL computers are just sheet metal with wires etc joined together. Sure there is innovation and differentiation.
IBM is wandering in the woods. x86 servers are over 75% of everything. Things like ARM seem to ebb and flow with growth. IBM is a non player in cloud and AI it's 2 stated majors. IBM is like a pawn shop buying and selling things nobody else wants.
IBM used to be a fully integrated admired brand like BMW cars etc but now is like the Home Depot plumbing aisle or Auto Zone where they say to customers "...would you like to buy my 3/8 inch, 90 degree copper elbow or my spark plugs for your sink or car..."?
@19s don’t sweat it. We are really good at pretending we are still in the game for a long time and manipulating hype and buzz. It will be like it always is we are an influential top player until one day same one takes a good hard unbiased look under the hood. But we got a good few more years of coasting. Same will happen with quantum we are in 1st place! And will coast on that for a long time while others truly get ahead of us
Someone is drinking too much Kool-Aid.
https://www.wsj.com/finance/investing/google-expands-anthropic-investment-with-40-billion-commitment-99b4de74
@r1 it must be all the Viagra that Alvind and his fellow quacks are consuming to feel hard and hot.
LOL
@r3 Albany has 100 percent rto now
@r1 you clearly haven’t RTO yet to truly feel the “vibe” in the office then. Well don’t worry full RTO is coming! Then you can really feel the morale and what’s in the air and let me tell you it ain’t excitement
IBM feels really solid right now, like it's on the verge of a great breakthrough. There's an excitement in the air. I think IBM will be standing long after companies like MS and Google have gone under. Who knows, IBM might even acquire them.
@qc have you heard about that company Kyndryl?! What a cautionary tale! I wonder who taught them how to operate like that. Such a mess!
There is one, and only one, reason why a corporation would start making public pronouncements about the strength of its balance sheet and their excellent financial management: the balance sheet is a disaster and the company is mismanaged.
@ac hate against Krabanaugh ? surely you can't be serious...he just not very good at upskilling but excels at giving orders for others in the F&O org. to upskill. Sounds like typical corporate hypocrisy from Alvinds Curry House Gang of wan$ers.
Do as I say, don't do as I do - particularly applies to layoffs and PIPs.
@eb
um, they are basically lining their pockets with gold all the while
gutting the company and producing jack squat
not hard, just short-sightedness greed
Bob says... incorrect. Can i write you some bad code now.
IBM is not the only company having to make these tough decisions. IBM is repositioning itself just like Meta, Oracle and others. Management has to make tough decisions and it is not easy on them. It is difficult on management knowing that they need to unfortunately make these hard decisions.
Where is the decency indeed. I have the same question for all the a--hole IBM executives who RA good employees while they rake in million$ spewing pure bullsh-t. And then they have the gall to call some of us dinobabies. Fu-k those asswipes. They don't deserve to eat my sh-t. Does that answer your question?
You say IBM’s balance sheet is well managed. Remember the balance sheet contains approx 75 billion from IBM’s recent SW acquitions. Let one of those SW acquitions underperform, and the balance sheet will implode as the goodwill will have to be re-evaluated. There is a reason the Wall Street analysts have different valuations for IBM (210-330) and it’s mostly dependent on the valuation of that goodwill and the SW acquitions future performance. The companies future is very dependent on those SW acquitions over performing as the company adopts a “distribution” vs an innovation SW model. Let’s hope that the exec’s did their homework as to how widely that acquired SW can be used thru out the world.
@ak this post should be its own post
To describe IBM as “India-centric body shop model” is so accurate. Same can be said of all US corporations led by Indians. Microsoft is another example.
Not so fast, HR Bot! "IBM faces AI threat, not opportunity, says short seller who predicted Enron’s collapse"
https://stocktwits.com/news-articles/markets/equity/ibm-faces-ai-threat-not-opportunity-says-short-seller-who-predicted-enron-collapse/cZRcGRvR4sR
“Are investors finally beginning to connect the AI-risk dots at $IBM…?!” Chanos posted, flagging the company’s “India-centric body shop model”
Chanos noted that IBM’s greatest innovations in the 21st century have been in financial engineering.
So now there is hate for Kavanaugh? Why the anger at him?
Must be BIG REALLY REALLY BIG REALLY REALLY REALLY BIG IBM CFO Jim Kavanaugh's lover doing these delirious posts in here. No other explanation since REALLY BIG Jimbo is brought up in every post....Wait a minute...Nah..Do you think...it is REALLY BIG JIMBO himself posting this HORSE &*^% ?
The @OP is hallucinating ...