We promise, it'll get better soon, just be patient & keep waiting. http://www.marketwatch.com/story/ibm-continues-to-promise-a-rosy-future-while-reporting-a-stagnant-present-2017-07-18
Morale at IBM
Got an email about Engage@ibm.com.. 'A brand new way to make IBM an even better place to work.' They want suggestions on how to improve the continued poor morale. Really? I've got plenty of suggestions but with all that has gone on over the past many... — read more
This is a bad joke
So, after five years of sliding sales, leadership still sings the same old "we are optimistic" song? I am sure it's easy to be optimistic about the future when they know their jobs are not in jeopardy... — read more
Management needs to go
Any management team that ruins a once bellwether tech company should be eliminated by shareholders at the earliest opportunity. They should be given time to pack their belongings and exit, and should be denied their pension. IBM's many layers of... — read more
Memo To IBM's Board: THINK About Replacing Virginia Rometty
https://www.forbes.com/sites/ryanwibberley/2017/07/19/to-save-ibm-rometty-needs-to-go-big-or-go-home/2/#1e3572f1be89 Fool me once, shame on you; fool me 21 times, shame on IBM's board. (I have no financial interest in IBM securities). This comes to... — read more
To Save IBM, Rometty Needs To Go Big Or Go Home
https://www.forbes.com/sites/ryanwibberley/2017/07/19/to-save-ibm-rometty-needs-to-go-big-or-go-home/#2315c31a7ac0 What is the real difference between Facebook, Amazon, Apple, Netflix, and Google—the companies making up the FAANG acronym—and IBM?... — read more
The Trials And Tribulations Of IBM Systems
An article going a little deeper specifically on IBM's Systems unit, espousing a less than rosy view. "The real IBM systems business – including not just servers, operating systems, and storage, but also the middleware, database, and development... — read more
IBM Reports 21st Consecutive Quarter Of Declining Sales, Record Low Effective Tax Rate
"At this rate IBM will soon need a negative non-GAAP tax rate to make its negative non-GAAP earnings turn positive." That's great!... — read more
This quarter numbers are in, T2R is over
I am getting ready for tremors again
IBM Earnings: Another Reason to Fire CEO Ginni Rometty and Blame the Board
"IBM (NYSE: IBM) posted its 21st consecutive quarter of falling revenue, a breathtakingly poor performance. IBM’s board should do now what it should have done long ago: replace CEO Ginni Rometty. Her turnaround promises proved empty again. Much of... — read more
IBM Misses Revenue Estimates as Cloud Services Unit Falters
https://www.bloomberg.com/news/articles/2017-07-18/ibm-misses-revenue-estimates-as-cloud-and-services-unit-falters IBM missed estimates for quarterly revenue, with sales in a key unit declining for the second consecutive period, further extending... — read more
Watson Health Imaging Reorganization
Rumor is that WHI is facing some dramatic cuts in headcount.
Thoughts on Watson Health
At some point the market will figure out that the Watson stuff is just hype. Watson health claims that they...and they alone....have relatively unfettered access to the unstructured data in the medical record because Watson can "read and understand"... — read more
As things evolve at IBM...
If you've been married long enough, you know that your marriage consists of several mini-marriages connected together. IBM over 30 years is similar -- a series of different culture and experience connected only by time... At the beginning in the 80s... — read more
IBM RA Prognosis (week of 7/24 and week of 7/31)
What are your thoughts? Are we about to witness any big hits over next two weeks?
IBM’s Transformation Has Become ‘Tedious,’ Says Barclays
IBM's numbers are going lower at Barclays in advance of its Q2 report Tuesday afternoon. Analyst Mark Moskowitz thinks the company needs to cut its year outlook, and he concludes the company's "transformation" has become "tedious."... — read more
IBM Was the Worst Hit by the Decline in the Server Market
POWER will be gone or carved-up very soon. . . http://marketrealist.com/2017/07/ibm-was-the-worst-hit-by-the-decline-in-the-server-market/ By: Anne Shields | Jul 13, 2017 6:48 pm EDT IBM reported the largest decline in its server revenue Earlier in... — read more
How the Server Market Could Impact IBM’s Growth in Fiscal 2Q17
POWER or some portion thereof, is going to be divested soon, no question. http://marketrealist.com/2017/07/how-the-server-market-could-impact-ibms-growth-in-fiscal-2q17/ By: Anne Shields | Jul 13, 2017 6:48 pm EDT Server market continues to decline... — read more
IBM Earnings: What to Watch
Fur sure either IBM provides adjusted guidance on their 2017 EPS or they don't & they just wind-up RA'g everybody to achieve it. "THE SECOND HALF: IBM’s first-quarter results threw its full-year adjusted earnings forecast of $13.80 per share into... — read more
IBM Set To Report Earnings As Analysts Grow Weary Of Transition
"'The narrative is becoming tedious — a lot of investments in next-gen tech but with little revenue impact and with increasing dependence on cost takeouts or below-the-line items to manage (earnings per share),' Barclays analyst Mark Moskowitz said... — read more
International Business Machines Corp. (IBM) Stock Does Not Look Good
"Investors should stay away of IBM stock." http://investorplace.com/2017/07/international-business-machines-corp-ibm-stock-not-good/view-all/ IBM stock isn't cheap, and it isn't a growth story -- that's a deadly combo
U.S. Companies Have a New 401(k) Fix: Spend More
In IBM's case, they don't even want the older, relatively expensive workers to retire on time, they want want them gone long before they get anywhere near being older & relatively more experienced. "Here’s why this is happening: Some companies in... — read more
How Long Can Tax Tricks Keep Supporting IBM's Earnings?
Without a sustainable lever of tax rate manipulation and one-time boosters, like IP sales, then there's really only one other lever remaining. . ... — read more
IBM To North American Employees: To Keep Your Job, Move To India (IBM)
http://www.businessinsider.com/2009/2/ibm-to-north-american-employees-to-keep-your-job-move-to-india-ibm Recent announcements of mass layoffs have created new scrutiny around the H-1B visa program, which brings foreign tech workers (mostly from... — read more
IBM to Report Q2 Earnings: Disappointment in Store? (Answer: Yes)
"Zacks Rank: IBM carries a Zacks Rank #4 (Sell). We caution against stocks with a Zacks Rank #4 or 5 (Strong Sell) going into the earnings announcement, especially when the company is seeing negative estimate revisions."... — read more
Jefferies gives IBM Watson a Wall Street reality check
https://techcrunch.com/2017/07/13/jefferies-gives-ibm-watson-a-wall-street-reality-check/ IBM’s Watson unit is receiving heat today in the form of a scathing equity research report from Jefferies’ James Kisner. The group believes that IBM’s... — read more
IBM takes out full-page ads, sends top execs to lobby against bathroom bill
"IBM will also send 20 employees, including top executives like Senior Vice President for Human Resources Diane Gherson and Chief Diversity Officer Lindsay-Rae McIntyre, to the Capitol on Tuesday to express their opposition to the bills in person."... — read more
Is IBM's Watson Overhyped & Soon to Be Outdone?
http://www.lightreading.com/artificial-intelligence-machine-learning/is-ibms-watson-overhyped-and-soon-to-be-outdone-/d/d-id/734540 IBM Watson may be the first name that comes to mind when you think artificial intelligence, ever since it beat out a... — read more
Previewing IBM's Q2 Earnings: Key Questions Remain For 2H'17
A dire forecast indeed. . . "Pushing Into The Second Half Management had guided 'well below' consensus EPS for Q2 and Sacconaghi expects EPS guidance of 'at least' $13.80 for the year to remain unchanged. 'That said, we think IBM's EPS guidance for... — read more
Could IBM Finally See Growth in Fiscal 2Q17? (Answer: no)
A grim forecast for sure. . . "No revenue growth The above graph shows that, in the last ten quarters, IBM has not once managed to meet or beat analysts’ expectations. In fiscal 1Q17, IBM reported revenue of ~$18.2 billion and non-GAAP EPS of $2.38... — read more
The perfect metaphor for Big Blue's last 20 years
Hilarious! Especially the audio of the first 5s. and at the ~40s. mark! https://www.youtube.com/watch?v=-q5CqgE5cNQ
IBM Revamps Computer Network Unit Around Watson Artificial Intelligence
Move comes a year after layoffs at company's technology services group Hmmmmm. . .didn't Ginni just recently tout in an interview with Cramer that the goal for Watson would be mostly just augmenting human workloads, not actually outright replacing a... — read more
Can somebody confirm this?
Prep for RAs has started with a new colocation phase. Now home office employees in the U.S. within 50 miles of an IBM office are being told to shut down their home offices and start reporting to the nearest IBM office or mobility location as of 7/18... — read more
Why Jefferies Is Taking a Backseat on IBM
International Business Machines Corp. (NYSE: IBM) has struggled for year to get out of what some analysts have called a value trap. However, Big Blue hasn’t made the headway it needs so far in 2017. As a result, one analyst is slashing its target for... — read more
Gearboxed - Urban Dictionary ... how ironic
Gearboxed To be sold a promise, concept or ideal only to find you have been deliberately lied to or misled. Still wondering when we will be on the RA'd list ... possibly after earnings release on July 18th .. Any thoughts from anyone out there ?
Can we get back to innovating?
What's point of this? The future of technology is beyond IBM reach long ago. Even before I was co-located out, though I was consistently rated 1 and 2+ every year, in Development we are borrowing other people stuffs, such as from Google, instead... — read more
Sign-it: IBMers against Colocation, Ageism & Low Morale
[Corrected Link below[ Your support is welcome. This letter is a constructive way to engage & participate. It will NOT be delivered to Ginni to preserve confidentiality of signatories. IBM external relations & PR is actively monitoring. Please make... — read more
IBM New Collar Jobs
Isn't this inherently discriminatory by targeting a specific demographic of candidates? http://www-03.ibm.com/employment/us/new_collar.shtml
Warren Buffett on the Economic Moat
Yeah, this is one of many mistakes IBM has (and continues to. . .) made. "Companies that have low margins and high capital spending requirements will never be able to maintain the same kind of moat. Further, poor capital allocation decisions by... — read more
Ageism is alive and well
Complicating the problem, older workers are also outnumbered in the workplace. There are 89 million millennials (roughly between 1981 and 1996) and 75 million boomers (born between 1946 and 1964) in the U.S., compared with just 49 million Gen Xers... — read more