IBM

ImNotHere2023

RedHat is a giant slice of that, and you're mostly paying for the support, given it's still Linux. Having worked in software for 20 years, across both FAANGs and non-pure-tech companies, and nobody talks about IBM as a leader or setting the trend in tech. They've been an "also ran" for 20+ years so I don't think they're an accurate comparison for companies that are still incredibly profitable and pouring those profits into innovation.

Bakermonster

Software was \~45% of IBM’s revenue in 2025, their single biggest line item. Saying that most of that revenue is BS due to open source doesn’t work when the core business of the hyperscalers is VM based compute, and both AWS and GCP use KVM as their hypervisor and all three have a majority of VM hours using Linux as the Guest OS. Not to mention DBaaS revenue from MySQL or Postgres, kubernetes services, etc. I’m not saying IBM has the relevancy now that it did in the 20th century- it doesn’t. Simply stating that it is very much a tech company, albeit one that does get a big part of its revenue by acting as a systems integrator.

Alwaysfavoriteasian

BE, CRDO, AMZN, IBM, RDDT, SPCX, NBIS, maybe OKLO.

taconomtaco

yall notice how well stocks seem to recover after earnings? NOW, GOOGL, IBM, NFLX all green/barely red

jxyscale

AMD, IBM, GOOG and maybe INTC

Molten-Helldiver

Talks about IBM, it tanks morning after

kail904

Fullport IBM call 250$

davidbigham

My boomer stock IBM holding up pretty good today

Itchy_Pudding_9940

trickle buying AMD and DELL.. IBM.. heavily beaten down tech. long on GOOG and BAC. FANG and VLO on dips. buying QQQ in blocks.. it's 9 or 10% from all time high and historically always goes back to ATH so a pretty safe bet

EffortAcrobatic1322

"Technology leaders eventually attract competitors." History is full of examples: Intel dominated CPUs. Then AMD came back. Nokia dominated phones. Then Apple. IBM dominated enterprise computing. Then Microsoft, Amazon, Google. Being first doesn't guarantee being first forever.

mighty_sys_admin

Whole port is red. IBM is nearly green, it's the only one

AndItsThetaAgain

Money talks and bullshit walks. IBM said 6 of 10 deals never materialized. They’re literally telling you

Low-Dot9712

I own it but copilot does scare me as it is so inferior. I am afraid it will to impact Azure growth. Is MSFT now the 1990 IBM? Is copilot bing?

-sakuranbo

if TI continued making processors instead of becoming "timer chip: the company", we wouldn't have to care about asia at all that + the AIM alliance never breaking down (the last PowerPC Macs used processors entirely manufactured by IBM in America)

EducateMy

IBM is behaving like a meme coin rn. Any good news brings the stock price up to 300, and any bad news seems to bring it down to 200. I dont believe in the company's future, I don't even know what they actually do in details, but I have been buying after every bad news and selling after the good news. It is illogical and stupid. But I managed to quadruple my investment for the past year. I am planning to do the same until the sequence breaks.

HelloWorldComputing

Hodl IBM

poozyfloor

IBM did that recently

lapideous

My sandisk and IBM aren't doing real great either recently. I assume once people get shaken out we should be back up since it doesn't appear like the market movements are based on real news or numbers, but again maybe cope

horesebeblind

Eastman Kodak and Polaroid were part of the “Nifty 50” of the late 1960s. Xerox, JC Penny several others also failed. Coca Cola, JNJ, Pepsi, American Express and IBM still around. Many more. My guess is most of Mag 7 will be around in some form

usugarbage

GOOG yes, IBM no.

XBronx1

IBM after a clear a-b-c correction down to 199.19 wherein c down was slightly longer than a down but the rebound shows a bottom was made

Alwaysfavoriteasian

Think imma buy some BE, Amzn, IBM, and rddt.

Ok-Adeptness-5834

\>90% of stocks have negative or zero returns. Most of the stock market returns are driven by a handful of companies. It the past decade, it was the Apple and Googles. In the past, it was companies like IBM and Coca Cola. This is why you need to invest in index funds. Cause you’re almost certainly just picking at random, and chances are you’re picking the wrong ones.

FalseDiamond7930

Only way I see Google and Amazon not making it is if they are forced to breakup. I could see Microsoft becoming more like IBM and widows becoming legacy software but even that is wild. Apple and Meta I could see losing a lot of relevance if they don't reinvent themselves.

moreton989

Why IBM?

horesebeblind

I didn’t say he avoided them. I said his history was he did not invest in them. Going back thru history, IBM was his only real tech stock, prior to AAPL, and now GOOGL. He made his chops in Banking, Insurance, Coca Cola, Wells Fargo among his huge holdings. He used to say he didn’t understand tech stocks. But I am sure he was being self deprecating : Here is his top 10 holdings in 1992 and if you know Buffett well, this would be fairly stable over time. **COMPANY** **MARKET VALUE OF BRK'S HOLDINGS** **Coca-Cola** $3,911,150,000 **GEICO** $2,226,250,000 **Capital Cities/ABC, Inc.** $1,523,500,000 **The Gillette Company** $1,365,000,000 **Freddie Mac** $783,515,000 **Wells Fargo** $485,624,000 **General Dynamics** $450,769,000 **Washington Post** $396,954,000 **Guinness PLC** $299,581,000

kingoftheoneliners

IBM to everybody ..… 🖕

Actual_Difference617

IBM said it missed because hyperscalers were rushing in to buy memory, storage etc and big deals were delayed for cloud but Iooking at SKHY I don’t think that was the case.

UnnecessaryPancake

If IBM gets back up to 300 I will buy an ibm hat.

ImNotHere2023

IBM hasn't really been a tech company since the 1990's - it was around that time that they made a hard pivot from hardware & software to becoming a "services" company - i.e. consulting and out-sourcing. They've tried to get back into the game in the past decade by acquiring RedHat and HashiCorp but both of those are open source stacks, so they don't really have a proprietary edge and are still selling services/support.

maicii

I think we could argue IBM was no? They had have bad returns compared to to an broad market index. At the end of the day you always compare to a benchmark.

maicii

IBM is a tech company… I literally choose them specifically to make the point that even if there was a company that was the greatest in the greatest sector for over 2 decades it still does not mean you are gonna have decent returns….

ImNotHere2023

Congrats, you've correctly identified that not all companies thrive indefinitely. IBM was a top company from the 1920's or 1930's all the way until the late 1990's or early 2000's - that's a pretty good run.  Looking at some of the other largest companies in 1990, like Exxon, Shell, GM and Ford, it's clear that the change was a massive sector rotation. While that could absolutely happen to tech, at the moment, many of the same companies are leading the way in what appears to be the next major trend.

davidbigham

My only winner is actually boomer IBM today. I bought the dip 🤷‍♂️

IronyElSupremo

They may or may not. IBM was the top stock from 1967 to 1993 except for a few years. It’s still #24 in a tech sector index fund (MSCI index), but competition overtook it. At least it’s still in there fighting. Former retail giant Sears-Roebuck was the 700-lb gorilla in retail during the 1970s and 1980s (in fact decades before that) .. until it wasn’t due to competition and some ill-planned expansions. “Tech” will be a very important sector in the future (it heralds much of the future in fact) but success breeds competition. There’s also the threat of govt over-regulation (or just regulation).

AlreadyInDenial

And what if you continued into the AI boom and counted until current day for IBM? Seems kinda arbitrary to cut off IBM at 2023 rather than 2026

maicii

Being relevant≠good investments tho. Take IBM for example, #2 company in the 1990 and #1 or close for most of the 70/80s. In 1999 they were #6 in the world. By all accounts a clear mag 7 of the time and for decades arguably THE tech company. If you had invest in them in 1 January 1999 you would have been +157% (if you go pre IA boom and only count up to 2023 is closer to a sad +50%, ajustado por inflación estas -20%) in the same time sp500 is +897%. Of course IBM did not stop existing, but you money kinda did. Same thing for a lot of the other companies

hylian_prince

Wow look at that IBM recovery 

Ordinary_Pen_5605

Why dont you guys calm down? I am an old, old portfolio manager (starting to work in 1987 on the trading floor). So I have some experience with situations like we have had the last days. That happened to me maybe 20 or 30 times. I retired ten years ago. But still love the markets and invest. I sold my memory stocks during the last eight weeks. Mostly a few days to early, but I kept the cash until today respectively jumped on catastrophies like IBM, SAP and so on. (I will make nice money on it). Today was the day, I started to buyback Micron, SK Hynix and ASML. If I am to early, I will double the position within the next days. SK numbers coming, FED coming, Microsoft coming. A lot of less experienced investors are in panic and sold yesterday and today. Seems to be a good time to buy. By the way, I am not a bull, nor a bear. That changes usually three or four times a year. With a bit more discipline and without that stupid "all-in" chatter you can build up a nice portfolio. On the long run. Not within some weeks or months. That is about impossible. Best Regards from an Europoor, who actually isn´t that poor.

mighty_sys_admin

IBM is unstoppable

korg64

IBM flash sale with dividends.

ekjohnson9

Youre 100% right. IBM is def still on top since the 80s, right?

mighty_sys_admin

Yes yes, I am an IBM investor :)

Additional-Season207

ACN. Somehow caught it at $138 a few days ago. I waffled between ACN and IBM and went ACN. One of those accidentally high dividend situation like TGT and UPS from a while ago.

johnmiddle

IBM??

EducateMy

GOOG and IBM from the top of my head. They will both hit 400 and 300 respectively. GOOG is the safer option. For IBM, it seems to overreact to any good news.

EducateMy

IBM and GOOG from the top of my head. Goog will def hit 400 by eoy and the IBM will hit 300 by next trump mention, that is like 30% and 40% earning.

bearhunter429

#So far every "big tech" stock crashed after releasing earnings even if they beat and raise guidance such as Intel, Netflix, Google, IBM and Tesla. Any tech company that reports earnings will dump no matter what. LMAO🤌

Mundane-Dirt-4077

Glad l didnt sell IBM I trust Chinese memory but not Chinese spyware. Murica for software.

visionarymind

IBM🔵 faceripping, wtaf

Juic3-d

IBM Honorable Mention?!

Particular_Rice9607

IBM is your V bro

Sheshkish

whats wrong with IBM????????????

Beerplz94

IBM is the hidden gem today

Spac55

Can $WDAY $ISRG $IBM make revenue like $MU $42 Billion per quarter?

InitiativeGlum2507

When all is said and done, I see IBM @ 120

Trade-Architect

IBM from downtown?

CarChaosCentral

You mean classic blue chips like IBM that can dump 25% in a day?

Pharmacologist72

IBM went down 25% cause no one is buying software and instead buying ai related hardware. Google will have negative free cash flow cause they are spending so much. MU is one of the cheapest stocks in SPY. This is insane.

poozyfloor

Oh IBM green. Guess they’ve been beat up enough.

Photochromism

That’s stupid way of saying Apple is so far behind in AI they’re now claiming to be a hedge against AI. They’re not. They are a dinosaur equivalent to IBM

Skysky1208

I understand your point. As I type from an iPhone, but at some point, cost will outweigh the margins. Apple already raised their prices this year due to the ram shortage. Competitors are coming for them and at some point with this economy people will seek alternatives. Anecdotal but I was going to upgrade all the computers in my home with Apple and now I'm considering IBM compatibles like dell. Sure Apple offers an excellent product but competitors are improving with lower price points. I pay 8 dollars for 12 eggs.

bearhunter429

#In the last 2 weeks every big tech company that reported earnings crashed (Google, Netflix, Tesla, IBM, Intel...) and this week has several big tech earnings. Bol will get DESTROYED this week. LMAO🤌

Salt_Contract342

WEN and IBM are my only green today lol

et_tu_bro

Capex spending comes first and then it takes some time for the data center to be fully operational. The market changes the tone every quarter. I remember when Google failed and everyone wanted Sundar Pichai to be fired until Gemini had its moment and then everyone changed the course. AI is not going anywhere. It might take a few more earning reports for the world to believe. These Capex numbers are truly mind-boggling, but it’s also not every day we see a technology that’s as profound as this with an adoption rate as fast as this. If the adoption was slower they could have tapered their spending. Some silver linings \- IBM was burned recently because they said that their customers are prioritizing AI spend and hence they gave a lower guidance as well \- Snowflake and ServiceNow have had good earnings because of AI subscriptions. \- Most companies have paused or reduced hiring. It’s harder to quantify the benefits but it’s definitely there. I can tell you software engineering has completely changed. Google is already very efficient with its infrastructure usage especially because of the TPU. They have a huge user base and incorporating AI overviews and other AI features consumes massive compute. Not all of it is being used by Google Cloud. They are balancing it out as well by using third-party compute like their deal with SpaceX. I am sure their Google Cloud growth rate will hit 95-100% next quarter and that would build trust. But we are also zooming in too much on the stock price. It’s been just a few weeks in a massively bullish year so far especially for AI companies. Storage and memory are absolutely critical for LLMs. Even if new compression technology helps the demand is way bigger and all the hyperscalers are in an arms race and that benefits the infra companies. It’s unreasonable to expect them to not spend because the infra is expensive as that means the customer goes to the other cloud provider. This is how the game works. I am sure we will see corrections somewhere down the line especially from startups when they IPO but there is time. Also for better or worse, the president is pretty bribable. I guess it’s easier for companies to use that to their benefit. Like we saw the government contract with Oracle getting announced recently.

Civil-Soup2863

The day MSFT IBM’s itself, we will all be rich.

Skysky1208

Apple was the most in private on the global market. Because they used existing technology, touch screens then weren't widespread but existed in other forms like laptops from Asia. They shrunk it down, then charged a premium for it because Apple is proprietary with all their products, for decades before the iPhone. It almost led them to bankruptcy back in the day. That's how they avoid competition and trap their customers. Then android came out, back then we called them IBM compatibles because it was open source technology. IBM was a hero then. Now we have the android. It's a long convoluted story. Apple is a brand that keeps its own proprietary monopoly. But the valuation of it today is unrealistic. Steve Jobs died and his successor gave us a stylus, come on.

Commercial_Island868

feel like they will trade like IBM, a batman head

ElkQuiet1541

IBM?

NewAccount428412

Full ported in the money NOW and IBM calls June 1st and took my port from 140k to 1.8k AMA

Crazy_Donkies

The following real-world case studies demonstrate how companies utilize an AI orchestration layer to achieve significant cost savings. TLDR: Clowns see AI as chatbots. It is not. 💼 IBM: Eliminating Enterprise Process IrregularitiesThe Cost-Saving Result: Saved $3.5 billion over a two-year period.The Orchestration Context: According to research published by the IBM Institute for Business Value, large $20-billion enterprises lose roughly $140 million annually to preventable operational irregularities, such as process duplication, model drift, and lack of component reuse. How AI Helped: IBM utilized an enterprise-wide AI orchestration layer to unify data pipelines and automate routine back-office tasks. By establishing a central logic layer to handle compliance, data-privacy protection, and governance rules across regions automatically, IBM turned disconnected experimental models into a single coordinated system. This eliminated process leakage and administrative waste at an unprecedented scale. ⚖️ JPMorgan Chase: Automated Legal Workflow ExecutionThe Cost-Saving Result: Eliminated 360,000 hours of manual legal work annually, slashing labor and error-correction costs.The Orchestration Context: Reviewing intricate commercial loan agreements traditionally required an expensive, multi-tiered hierarchy of legal professionals to cross-examine clauses against evolving compliance criteria. How AI Helped: Through its Contract Intelligence platform (COiN), JPMorgan deployed an orchestration pipeline that didn't just extract text, but intelligently sequenced the validation process. The AI orchestrator ingests structured and semi-structured contracts, maps data against multi-layered regulatory checkpoints, flags anomalies, and automatically pipes clean results into down-stream financial systems, reducing multi-week processing cycles to seconds. 📦 Fujitsu: Cross-System Supply Chain CoordinationThe Cost-Saving Result: Reduced warehousing costs by $15 million and halved staffing overhead.The Orchestration Context: Supply chains typically suffer from "silo friction," where order intake, inventory forecasting, and fleet dispatch operate on separate pieces of software, creating blind spots. How AI Helped: Fujitsu implemented AI agents to act as a system-wide orchestration layer. Instead of human managers manually reading data from one system and transcribing it into another, the orchestrator autonomously monitors inventory anomalies, triggers re-ordering logistics, updates warehouse storage configurations, and balances fulfillment schedules across disparate platforms dynamically.

bearhunter429

#In the last 2 weeks every big tech company that reported earnings crashed (Google, Netflix, Tesla, IBM, Intel...) and this week has several big tech earnings. Bol will get DESTROYED this week. LMAO🤌

orcassharks

GOOG and IBM calls were the way last week

Particular_Rice9607

$IBM on the mega V betta get some before it jumps back up

hoopaholik91

They haven't monetized a new innovation in a decade. Alexa/Siri/Cortana? Losers. Metaverse? Loser. Amazon Go? Loser. The million products that Google releases in betas then pulls the cord? Losers. I don't even remember the name of the headset that Apple made. Loser. Amazon air delivery? Loser. I remember when IBM, Xerox, and GE would obviously figure it out when they were the companies on top. Life moves on.

AskMeAboutMyGenitals

There was a guy two weeks ago that full ported into IBM weekly calls. I thought that was too agressive, and monthlies were the correct case. I still do. No reasoning, but seems practical.

Particular_Rice9607

$IBM back to $250 range this week or next... no crystal ball just gut feeling

Dude_HaHa

Show me your friends (IBM, TSLA, SPCX) and I will show you your future (META, MSFT, NVDA)

WickOfDeath

How would you describe the market situation? Just "supply&demand"? Calm waters? His fu\*\*ing war upended one of the best bull runs ever seen in the US market, and now the US IB turns over into madness as well because their "concerns" turn real... main concern was lending for AI buildouts. Well there is nothing wrong with that but lets do a small game of thought: \- fuel gets expensive (Iran war) \- food and staples get expensive (tariffs) \- inflation rises (CPI incl food and energy), but to shine things up the media focusses already on the Core CPI as if US americans would do home office and eat nothing \- US bond sell off and drive the yield to 5%+ (selling bonds lowers the price, that increases the yield) \- finally the 10 year T-note is the lending benchmark rate for mortgage and consumer lending \- well and then there is the FED, that doesnt know what to do next, possibly a hike. And 25 points in hike means the IB sector and private invstors can invest less becaues the borrowing costs rise. That can be 2% drop in stocks. AND... suddenly nearly a trillion in loans for AI buildouts become more expensive... the investment banking sector has less money to invest... the alreaady tight financing of the mag 7 bonds gets more tighter. Future returns, margins, sales numbers get smaller... paired with an US president who lost his mind. The first time he announced "we have an Iran deal"markets instantly responded with 2-3% upside. He announced that (together with "no deal) 38 times more... markets dont care any more what he says, markets care for the implications. Meaning lesser profitability in the USA, also consumer spending is in danger, and yes, then everything sells of, because the concerns materialize in devaluation of a lot of stocks. In this market hell even strong US american names drop like Hongkong pennystocks. Oracle 50% down, IBM 30% down, Micron 20% down and a lot more... so where should I invest? In twodirectionla option income ETFs? They have their best returns ever wehre this strategy generates losses in calm markets. Because we're going sideways with very high volatility. And I wont invest in anything that can drop like a stone a week later.

Dude_HaHa

# God, I saw what you did to ORCL and IBM. I want the same for NVDA and GOOG. AMEN 🙏

stockcode123

The preliminary results for IBM were miss revenue were $17.2B vs $17.9B projected, earnings $2.93 vs $3.01. the stock tanked 25%. SMCI revenue was within the expected range, while gross margin was better at 15% than prior 8.3%, with record backlog of $60B, the stock jumped 20%. IBM results were shock, hence the IV spiked (not expecting) on the news, pre-release was itself a volatile event. SMCI was more of reassurance, and the positive outlook inspired. Generally, we expect IV to calm down after results, however, keep in mind IV responds to change in uncertainty and with IBM /SMCI that is what exactly happened!

version-two

Didnt IBM just go cliff diving for the second time this year?

me_xman

Make an equity deal with Google AI data centers build out and buy some IBM for quantum computing.

Particular_Rice9607

RK bought $IBM

Hopeful-Goose-7217

No. IV is the translation of current dollar price to volatility space. The current dollar price in theory is the market expectation of cost. IBM vol could go up for a myriad of reasons: 1. Future expected vol will be higher 2. Supply demand among vol insensitive hedgers or speculators is pushing the vol up.

silverbulletusa

**I could be wrong, but this is my take on it.** **Why IBM spiked:** That early news caught people off guard with actual negative surprises, so everyone rushed to buy options and drove IV up. **Why SMCI stayed flat:** That pre-release was already expected or a total non-event, so it didn't force any repricing. **Why IBM stayed elevated:** The news dropped, but the uncertainty didn't fully go away yet, so options stayed up there. Just my opinion.

Deep_Calls_007

Definitely bro. I agree with you on that. He can definitely pump stocks. May be even integrate neuralink into X and increase shareholder value. But there are just better opportunities out there like IBM, MSFT, RDDT which are undervalued. You can easily double your money on them. Spcx is valued at 1.6 trillion now with a 4 billion loss. He is looping retail into it just so that qataris and his buddies can dump on small people 401ks.

SpaceXLord

Got in a Uber earlier. The driver looked a lot like the IBM CEO. Got very interested when he started talking quantum computers.

orcassharks

It is. It will break out. IBM lingered for awhile too before blasting off. So did NOW. Just be patient. GOOG will definitely be 340 by next week.

Strange-Land9534

Wow! IBM stayed up the entire day.

yatruthordare

IBM was up- finally

NerdSlamPo

wait is the IBM contract news real? is that why it bumped so much? I'm not seeing a lot online

Particular_Rice9607

$IBM just got a 1billion contract!@

LuisVF0510

IBM recovers and NBIS plummets. Still in the red as I should be

davidbigham

Was waiting to buy the IBM dip under $200, but it is up 4% today 🤷‍♂️

Grim_Reaper17

They were the coolest thing around once. Not any more. IBM of car manufacturing.

ashparkway

Yes I can. The statement might sound hyperbole, but the point I'm trying to make is very real truth about enterprise IT. Oracle is the foundation backbone for majority of the worlds most critical, large-scale systems. It doesn't literally mean 100% of all companies run on Oracle - there're tons of startups, mid-cap business and tech companies that run entirely on opensource - but when you look at, for example, fortune 500, global banks, healthcare, telecom and gov't agencies, Oracle has a massive footprint. The point I'm trying to highlight: 1. For financial services, telecom and gov't entities Oracle was the gold standard for decades. 2. And saying "everyone runs on oracle" references how hard it is to leave, and the cost of switching is expensive, risky and labor-intensive. 3. Historically, Oracle is pretty much the enterprise database for almost all companies, virtually non-negotiable until the 2010's. 4. The present: Oracle remains dominant but the landscape has broadened to include others like MSFT, IBM, SAP, Postgre, Cloud-Natives...etc. So while my statement exaggerates by saying every single company runs on Oracle, it accurately reflects just how central Oracle is to the global economy's back-end infrastructure.

Technically_Tactical

If Google, Microsoft, Tesla, Facebook, and IBM, of all names, can't make a profit from AI, what hope do the unprofitable unicons who are their clients have? Has anyone bothered to ask where the money they used to buy semiconductors comes from?

bearhunter429

#Big tech earnings score card: Netflix (DUMPED), IBM (DUMPED), Google (DUMPED), Intel (DUMPED), Tesla (DUMPED). #Next week will be a huge crash with so many big tech names reporting. LMAO🤌

InitiativeGlum2507

!banbet IBM $350 6 months