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They're not referring to the stock price, the revenue that IBM takes in has fallen for 14 straight quarters: http://www.marketwatch.com/story/ibm-reports-anothe
by tdicola 11y ago
They're not referring to the stock price, the revenue that IBM takes in has fallen for 14 straight quarters: http://www.marketwatch.com/story/ibm-reports-another-quarter-of-declining-revenue-2015-10-19-161035328 http://www.marketwatch.com/story/ibm-reports-another-quarter...
The stock would actually have fallen much, much more but IBM has been performing continual stock buybacks to prop it up: http://247wallst.com/technology-3/2015/10/27/why-investors-do-not-and-will-not-care-about-another-big-ibm-stock-buyback/ http://247wallst.com/technology-3/2015/10/27/why-investors-d...
Some people think IBM is nothing more than a financial engineering firm now: http://dealbook.nytimes.com/2014/10/20/the-truth-hidden-by-ibms-buybacks/ http://dealbook.nytimes.com/2014/10/20/the-truth-hidden-by-i...
- dorfuss 11y agoMy personal experiences with IBM representatives in Eastern Europe were rather negative (IBM was a strategic partner of my company), concerning IBM BPM and Cloud hosting. Their people were not trying to be nice or helpful. You had to really push them to get anything done. I'd expect better service, more focus on documentation. edit: I do however recognise how huge the company is and how dramatic and brave their decisions have been to redefine the business.