https://www.cnbc.com/2025/10/22/ibm-q3-2025-earnings-report.html
Love how AK brags every qtr about the "huge and growing AI and hybrid cloud backlog". Yeah right! ISC forecasts by sales is TOTAL BS!!!!! Just put AI or cloud in the product title and bo-m the backlog goes to $1T. SMH!
@12f you can cherry pick and time slice various short dates to make the IBM stock price look good Arvind and Robbie. Fact is if you compare MSFT's stock results to IBM's since 1986 5 years into IBM selling PCs before the PS2, OS/2, Micro Channel, Token Ring debacles; if you invested $10,000 in IBM in 1986 (MSFT went public in 86) you would have just over $2M today. Had you done the same with MSFT (or many other tech firms as IBM wandered in the woods since the mid 80s) you would have just over $88M. Who has lost out by believing IBM's fairy tales?
@a7 well you’ve lost out quite over the past two years…
@hz I do not get it. IBM announces they "stumbled onto" how to get AMD x86 chips to run an IBM quantum algorithm and plan to build a quantum system by 2029?! WTF?! How does this justify an 8% stock gain in 1day? This is the 2nd or 3rd time IBM has announced something with AMD and every time I am putting my bets on the brilliant AMD CEO Lisa Su who was the G Man's (Gerstner's TA tech assistant for a year). Is IBM gonna buy AMD? Is AMD gonna buy IBM? IBM remains adrift like a big iceberg.
And it's back... $300 two days later. 🎰
I work for IBM, I don’t have hold on to IBM. I sell them as soon as I can. IBM stock is overpriced and overrated.
At a &100 per share, it used to be appealing for its dividend.
Problem is they revised revenue growth forecast for full year (meaning Q4 is shaping up to be a stinker).
IBM beats estimates in Revenue, EPS and Free Cash Flow growth. But it just ain't se-y enough - especially since it's driven by strong result on the Legacy side of the ledger (z17). So the stock drops...like it does after many (most/all???) quarterly earnings.
Bloomberg points out that "Sales in the hybrid cloud unit that includes Red Hat increased 14%, a slowdown from the previous quarter and below analysts’ average estimate of 16%."
No matter how much financial hocus-pocus they use to reclassify revenues to land in the "se-y" buckets (AI, Quantum), it still smells old and musty - just like this company.