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International Business Machines Corporation (IBM)

NYSE - Nasdaq Real-time price. Currency in USD
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118.93-3.54 (-2.89%)
At close: 4:00PM EST

119.20 +0.27 (0.23%)
After hours: 7:59PM EST

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  • a
    IBM selling Watson health and spinning off services unit. The new CEO should get credit for consistency. He is following exactly on Rometty’s foot steps. She got ride of intel server division, cpu manufacturing and other units. Justification has always been that these units can not be run profitably. With all these divestment IBM revenue has declined year to year for 9 years. It also worth noting that during same period there has been significant number of companies that has been purchased at great deal of costs to share holders. Revenue from new companies has not filled the gap in revenue shortfalls.
    There are two points that has become clear. IBM senior executives inability to run existing business units effectively and their first inclination is to say let us get out of this business. The second point is the failure of senior management to effectively integrate technology from new companies with existing IBM technologies to develop market winning customer solutions. AI is promising new IT filed. Better approach would be to find out where is the technical deficiencies and hire new expertise or buy technology to address the problem. Most of blame for failure of Watson can be attributed to Rometty’s management: talk big and deliver little. Now IBM current CEO resorts to standard IBM practice and wants to sell it off. It is not hard to see in a few years after failing to capture significant market share in cloud, he will declare IBM needs to get out of the cloud business and focus on quantum computing. IBM BOD bears the blame for allowing incompetent COE to stay on the job and destroy shareholders value for long term IBM investors. I hope IBM board with encouragement from major shareholders to hire a new CEO that has proven track record to turn around IBM. All the resources exists at IBM for skilled leader to set IBM in a growth path. A few years for now this option will not be available.
  • F
    Ginny was possibly the worst CEO in the last decade. Arvind will break up the company to confuse investors and clients to a valuation point that even trading rubles may receive fractional percentages of value... If IBM didn't buy Red hat what would the valuation be? The bigger question is how did IBM improve the value proposition for clients leveraging Red hat???... IBM has a long and very strong history of destroying valuation of acquisitions all the way back to ROHM and Lotus.. BTW what ever happened to those 2 acquisitions???
  • M
    Mr. Handsome
    The problem with IBM is not their products, services or tech expertise. Its the management structure is WAY over past bloated with do nothing middle managers who drive people like slaves so they get their stock awards. Too many technical layoffs, an army of accountants, not enough sales, marketing, and with a BOD with dimwhit rometty syndrome, IBM May become the next GE.
  • B
    IBM chief digital officer seems like the man who understands the big picture and the pragmatic way. I think his ex global CEO background can help IBM growing the eco. system.
  • D
    Ginni's leadership has cost long term IBM shareholders $100 billion in value while she has become fabulously wealthy. But she had a lot of help from IBM's so called executives and board of directors.. The biggest investing mistke I have ever made was not selling my IBM stock the day she took over. Her reign of terror cost me, a former IBM employee, $250,000. During that same period the tech industry had its greatest growth rate in history.
  • C
    Arvind please flatten the IBM organization. It is bloated with way too many VP’s and too many MBA’ that add little value to IBM’s bottom line. Half it the VP’s at IBM could be let go with no negative impact on revenue! Do it today! That will signal real change to Walk Street!
  • G
    Bought IBM in the early 90's. Two splits later and dollar cost averaging every month since then I now own 10,500 shares. Ten years ago I was up $1 million. Now my profit is only half that although my stake is higher. The Rometty years have been a disaster and the BOD have contributed nothing. One poster claims the stock will hit $175 quickly. This is a pipe dream. I will settle for that if it takes 5 years. More likely to decline I am sorry to say. I am holding for the dividend since my yield on my average cost per share is around 9%. Let's hope there is something in future that brings up the share price but right now I don't see it.
  • C
    IBM recently gutted Blockchain efforts and now selling off Watson Health. How can this be good news and good for the stock?
  • M
    Mr. Handsome
    It would be difficult to vote the board and CEO out without the help of institutional investors, which I assume are as unhappy with IBM as retail investors. As retail investors we own a small amount compared to how the Board and CEO and the upper managers gobble up stock awards for ruining value and doing nothing. Until the big guys start screaming, IBM with just ignore the "lil people"(I borrowed that quote from nancy pelosi). BUT if we ALL vote to remove the board, CEO and their boot lickers, MAYBE someone will pay attention and DO SOMETHING
  • k
    IBM's promise of net zero emissions ties in nicely with its net zero growth. More political correctness destroying the company.
  • S
    Delta airlines taps IBM for cloud expertise, BP tie up with IBM quantum network.. These are new business deals.. And we'll see more of such headline. Keep on eye
  • R
    since 2013 (8 years) this stock has been in a steady downward trend. that is a very long downtrend for such an old established company. its fortunes are statistically bound to change soon. i see this as a long term buy from this point on. it may never get back to 170, but it could very easily see 145 again in the near future. good divvy while you wait. just my opinion
  • R
    Let's go IBM.. Show the world the quantum computing!!
  • s
    The first time IBM reached $129 it was 22 years ago! They missed the boat 2 decades ago. Stop drinking the marketing bluff that keeps changing every 2 years without any proof of real product deliveries (it was IOT, Analytics, cloud, then AI, now blockchain is being deprioritized). Failures in all of these.
  • I
    Inflation is Skyrocketing
    $^FTSE conversation
    INFLATION IS SKYROCKETING as the FED continues to PUMP the Price of everything, stocks, oil, gold, home, land, commodities, utilities, food prices and everything!
    The World Economy is Collapsing, people are starving, but the US Market Makers are too busy in printing money and PUMPING the Stock prices Artificially to make insiders trillionaire without working!
    Enjoy Free Capital Gains in the US Stock Market while the Corporate Revenues are tanking and the Economy is Collapsing! US Stock Market is a “GET QUICK RICH” Scheme!
    Dow Jones Industrial Average (^DJI) was 17,000 in 2016, with better economic fundamentals and higher corporate earnings. However, thanks to the Collapsing Economy, Coronavirus Pandemic, Tanking Corporate revenues and earnings, Skyrocketing unemployment, Trade Wars, Record INFLATION levels, and Heavy Stock Dilutions, Dow Jones Industrial Average (^DJI) BUBBLE has almost Doubled!
    S&P 500 (^GSPC) was at 1600.00 with better fundamentals and higher corporate earnings in 2016. Now it is sitting at ABSURD 3700.00 with TERRIBLE Fundamentals, Collapsing Economy, HEAVIER Corporate and National Debt and way lower corporate revenues and earnings!
    The World Countries are refusing to accept the US Dollar as international reserve currency due to the HEAVY Dollar PRINTING!
    US Stocks are INSANELY OVERVALUED and OVERBOUGHT! US Stock Market is a MEGA BUBBLE right now!!!
    The debt crisis in the US is similar to global warming — it is an incremental but enormous phenomenon that could trigger disaster at any given point.
    The debt crisis in the US is similar to global warming — it is an incremental but enormous phenomenon that could trigger disaster at any given point.
  • C
    Volume is normal, no news and still a good dividend. As someone noted below, this is probably the move down that didn't happen yesterday. Need to give new CEO another year to see if the hybrid cloud is the savior of this company. I have been in it for a couple of years now and written calls against while collecting the dividend. Seem like a solid quarter could return this easily into the $140's. String together several solid quarters and $160's seems achievable. Just my opinion and the dividend and call writing provides enough return to wait this out several more quarters before throwing in the towel....IMHO
  • C
    Keep talking bad about IBM!!! This is my favourite stock and the largest position that I own besides Pfizer and BP. These three stocks are like tanks, immune to the market :)
  • r
    insiders selling
  • k
    Wealth Destruction 101:
    Lesson 1 - Buy IBM stock.
    Lesson 2 - Hold long term.
    Lesson 3 - Buy more as price drops.
  • w
    This stock has been stuck in a trading range from about $119 to $129-ish since last april. Makes it great if you can feel the rhythm and do the buy low sell high trick. As crazy as it sounds .... with its 5.4% div. yield, I just added a chunk to my dividend portfolio this morning. Never in my wildest dreams would I ever consider IBM a good dividend play, but with the pattern its been stuck in for almost a year ... how can it not be ??