IBM

ooqq

I personally never would sell it. It's like selling Google search to IBM the moment you are #1 page on the entire internet.

Intelligent_Lemon685

RKLB, ASTS, IonQ, Ginkgo Bioworks (DNA), RXRX, ESS Tech (GWH), maybe LUNR, NuScale. Google is my base, IBM too - like the biggest quantum play. I will maybe add TMC.

olliec42069

The first smartphone is widely considered to be the IBM Simon Personal Communicator, which was launched in 1994. It featured a touchscreen, email capabilities, and various applications, marking a significant step in mobile technology.

BusyWorkinPete

Things have changed pretty drastically in the computer chip world. Intel used to be king, AMD could never get it together, Nvidia was just graphics cards, ATI was their direct competitor, Apple's chips were built by Motorola and IBM, and TSMC wasn't one of the big players yet.

foulpudding

Before the iPhone form factor, we had several rounds of smart phones that society rejected. Prior to the PowerBook form factor we had several rounds of portable computer that society rejected. Prior to the Apple II and similar IBM desktop designs, we had several rounds of “personal computers” that society rejected. My point is that AR/VR is inherently valuable and usable. Our movies show it, our fiction describes it, people on the cutting edge actually use it for functional purposes today, even with giant heavy headset form factors. The problem with it is with that form factor. Headsets are too bulky for most people to use extensively, AR glasses aren’t yet small enough or capable enough either. Once someone gets AR/VR into a pair of glasses that look reasonable normal, and that have good usable optics, having a pair will be a no brainer. As for things a “practical man” can use? How about a up display to find what you’re looking for in Home Depot and every other store you visit? Or the thousands of AR apps on the iPhone that are too hard to use because the require pulling out your phone to use them. Those become second nature when they just magically appear in your glasses. Imagine seeing where your kids are at Disneyland, or a store, even if they are out of sight. A calorie counter based on images of food you eat that considers bites taken and portion size, and that tells you when to stop. Or night vision glasses that are just regular glasses that prevent you from tripping in the dark. There are thousands of use cases for AR/VR glasses, but few uses that overcome a 2 pound brick on your face or a pair of glasses that last only a couple hours. Those problems, once solved, will unlock the value.

Ok-Association-4933

Keep an eye on IBM today. Certain days are much easier for getting a good read on the true sentiment of the stock depending on cyclicality and market direction. We’re hoping to see IBM start to pick up some gains from Oracle. If debt beholden Oracle is still good to climb , you could be sure IBM has many likes to go up over the next five years. The end of year is a good time to take a pause from looking at the same stocks like we will Robin Hood data centers and so forth. Don’t try to chase price so much as being open to looking at the next phase of the AI trade. In this particular case the market has spoken, regarding value companies. IBM certainly fits in with the value criteria at the market has chosen for 2026 . United healthcare fits since that category has already started to recover. And biotech have done extremely well over the last few months.

wegster

I had some oracle stock I bought around 20 years ago and just left it alone. Wasn't much, but something like 670% return on it. I just dumped it. I'll preface it with I don't often dig deep into financials, and am mostly in ETFs, but I've worked in tech for some time. Oracle and HP have both 'chased cloud' including when I worked at one of them, but few really bite (versus Azure, AWS, and Google Cloud, generally in that order of adoption). Literally I can see a new piece of software and call out - this must be an Oracle product, because it's unintuitive and awful, unless it was an acquisition. Kudos to Larry for keeping the money flowing and the company alive all this time, but I inherently feel they are still trying to find a post-oracle-db (which in itself is kind of a mess, also IMO) 'thing' to latch onto. It's not surprising they 'teamed up' with OpenAI as I keep watching them just trying to remain relevant. To me, they feel like IBM - used to be a pretty amazing company, but now, would I bet the farm/house/future on them? Hell no. If we look across their domains, I just don't see it. Yes, they still have some amount of oracle DB activity - most likely the same groups of companies that were continuing purchase IBM mainframes, e.g. some financial and big industries it's just too painful to move off of. Meanwhile, a good number of others have moved on. ERP and CRM - Their ERP offerings are awful. Someone is still buying them, but they're pitiful and a huge PITA for the users and for customization. CRM - sorry, salesforce and others eat their lunch. Cloud - already covered. a perpetual 'chaser' vs the big guys IMO. They have bought some companies, I think in healthcare and retail - don't know if they're big enough to keep much of the rest of the company afloat. They also have some stuff in the utility sector, but they're far from a market leader there either. Yeah, they sadly bought Sun way back and now own Java. I'm sure there's some amount of revenue there, but doubt it's all that much for a company of their size. Note they aren't trying to compete on the LLM/large AI model front, which is probably better for them as I don't think they'd hold up to Google or others working in the space, so what do they do - offer hosting and such to still claim 'look, AI!' and try to ride another wave to relevance, and does some integration into some of their generally crappy products. I had to evaluate an enterprise Oracle product for a specific purpose a few years back. Starting out at around 20+ possibles, I built out a pretty comprehensive evaluation plan and 'scorecard' versus weighted scenarios/plans we needed to solve for. At the end, there were 4-5 left and I kept Oracle in the running, mostly because 'older management' wanted them there. Numerous engagements with deep dives with all of them. Oracle talked a good game, and pretended they had some 'special sauce' akin to domain specific 'AI.' Without too many details, let's just say within 5 minutes I had the product massively embarrassing itself. The Oracle offering was dated and seriously outclassed by the others in the final rounds. We did not purchase the Oracle offering - with good reasons. TLDR: Dump it into index funds and be done, unless NVDA, GOOGL, or MSFT have big dips. Or roll the dice; whatever. ;)

Candid_Highlight_116

Most of the chips that aren't Intel AMD NVIDIA or IBM, maybe Apple too if you count them plus very few other old high end stuffs, have significant memory bandwidth impediment and don't perform anywhere near stated speeds They'd do the numbers if you were calculating the same x and y for million times and discarding the results, but not if your billion parameters were on even VRAM and you had to get them from the RAM chip to compute chip through the memory controller

txholdup

QC is why I invested in IBM last year. They have been working on this for years and they pay you to wait.

Bagholder147

Nokia/IBM/NVDA are the real quantum plays.

Turtlesaur

IBM is up another .03% I feel great about this long term Starla

Charming_Yellow5867

What do you mean "Of course you wouldn't know?" You don't know who I am. My first programming language could have been Fortran II that I learned using an IBM 1130.

FlipZip69

If I had a penny every time I have heard someone say this... Nortel, IBM, Enron and about 100 other companies that everyone thought had tailwinds but there was zero chance of them ever attaining gains that needed more growth then there are markets in the world.

Immediate-Result4068

Its actually better to take an "opportunity loss" and take a week off enjoy life clear your head so you can sleep then research and plan your next trades. You can't control your emotions if you are stressed. Emotions make for bad trades. size your positions smaller if you feel too much pressure about losses. Learn to read options tables they will tell you the expected move / volatility of a stock. stable ? JNJ Exxon IBM pick a low spot. put your money in enable dividend re-investment and enjoy your life check them each year. Fast Money is both earned and lost. Slightly more risky but you could do TLTW, USOI, and PFFA basically bonds oil and preferred stocks. USOI NAV has taken a beating but that's because oil has been. that won't stay that way forever ... TLTW roughly 16% Dividend not much NAV volatility USOI has been sinking with the Price of OIL but might be a good time to get in about 17% dividend PFFA stable and a 8 percent dividend. 10 years from now with no stress you will be happy. Wait for the next big 10 or 20 percent market crash and buy SPY or VOO or QQQ set and forget.

Ctofaname

All I did was explain why you're probably getting downvoted. You complained about downvotes on reddit. You then proceeded to highlight how you have no basis for what you're saying. I don't want to sit here and explain and entire sector and why things may be how they are because again its all noise in the short term and this is one of those non-serious threads anyways where everyone posts their latest bags or emotional picks. I feel like I've been pretty flat with an attempt at understanding this entire time. I will be honest though and say my last comment was a slight jab simply because if you are actually a professional trader, this entire comment chain would never happen because profitable traders choose a couple sectors to fully focus on and understand. Otherwise its pure gambling. Also I fully recognize RKLB has a fervent fan base. In another comment I highlighted that good investments can have a fervent fan base or the opposite and its irrelevant to the underlying company. It can help with momentum though. I look forward to when retail catches up to IBM for instance.

Ctofaname

LUNR will have a big 2026. IBM probably 2027 RKLB could have a volatile 2026 because neutron launch and the fact that launch grabs headlines vs space systems. RDDT will keep chugging higher.

Ctofaname

That's with every investment. No one could be sure nvidia would skyrocket or the like. But they did. Invest in good companies in sectors you understand. Don't let the vibe of who's investing ruin it. You can make money going against the crowd in IBM for instance or by going with the crowd in RKLB. But you have to understand the companies and the market so you're not functioning on vibes.

aliveintucson325

This is a bad idea: 1. ALL laptop companies are facing this issue 2. ISG is only getting more valuable. You think data volume is going to shrink? No way. 3. Michael Dell is a huge supporter of this current administration. One phone call is all it will take if stock price tumbles so far 4. P/E ratio is 16, that’s good for this industry. IBM is 36 for example.

Wh8yPrototype

Is this worse than IBM guy?

RocksAndSedum

The point I guess I failed to make was that it's odd to use IBM as an example of a failed company.

throwaway2676

lmao what a retarded comment. Since the iphone was released in June of 2007 (the actual date relevant to this discussion), apple is up 5900%. IBM is up 200%

throwaway2676

Steve is the reason though. Replace Steve's tenure with another Tim Cook and we get no iphone. Apple would be another IBM by now

Foreign-Package-4359

Yes, but their core businesses, applications and database, are not disappearing. They are growing double digits and gaining market share. They don't compete in those businesses with AWS, they compete with SAP and Salesforce and Snowflake. AWS, Azure, GCP were not taking from Oracle. They were, and are, taking from HP, IBM, Cisco, Dell, etc. IaaS is in addition to, not instead of or replacing their core businesses. 

Foreign-Package-4359

Oracle is worth two Goldman Sachs even after their 40% drop. You can dislike the Larry, but he is rarely wrong. You would have bet the ranch, and been justified in doing so, that IBM would beat Oracle in database. Oracle dominates database. Likewise with Oracle in Apps and now they are the market leader in SaaS ERP. If someone said I think Oracle will be winning all sorts of major IaaS contracts over AWS 5-10 years ago, people would have laughed. No one has made money over time betting against Larry.

Jaded-Ad-4675

What does IBM have to do with this?

justaddcatalyst

IBM looking good too

FarrisAT

IBM

jizzinmyeyes69

Can you give it to me? Just joking... unless you're feeling generous. Whatever you do, don't go long or short on a crypto meme coin with 1,000,000,000x leverage. If you don't want to reinvest in real estate then buy more gold. It'll fluctuate a bit and you may lose a little in the short term but your money will be pretty safe unless somebody breaks into your home and steals it. Buy stocks that have steadily increased over time, like Apple or IBM or something that has performed well for decades. Avoid AI focused companies like Nvidia and Palantir because of the future potential AI bubble burst. Go for safety. If you want to go down the crypto path then go for bitcoin but I wouldn't go any further than that. If you want more risk but more reward then invest in the altcoins AKA shitcoins but be VERY careful... You could lose more money that way than you could with a heroin habit. Good luck.

FullCopy

I hope quantum computing is a reality. I hope it’ll somehow get that IBM CEO to stop talking about it.

silicon_replacement

we never know the people who shorted industrial revolution in history, like telephone, railroad, IBM, for 2008, there are still some chance that govertment and FED can save the whole thing,

GoinValyrianOnDatAss

IBM was in the top 10 in the 60s. It is no longer in the top 10. Would you say IBM has not experienced exponential growth over the last 30 years it has not been in the top 10?

GoinValyrianOnDatAss

In the tech sector IBM and, more recently, Apple comes to mind.

AcademicStandard3701

WMT and maybe LLY, JPM, IBM

notseelen

I didn't buy Nvidia for their AI chips. I bought them for the big thing that comes after the big thing that comes after AI they have INCREDIBLE amounts of R&D money, which, with Jensen's leadership, will surely lead to incredible advancements they also have insane saturation now. they everywhere, in every system. Yeah, they could end up an IBM or an Intel, but that's the main risk inherent to the stock to me, and the specific behavior change that would break my thesis I'm not smart enough to know when they'll go up and down, and up and down. I'm sure they *will* drop 50% eventually...I don't need to squeeze every last cent when I'm up over double the S&P

AdPotential773

This is true, but the reason is also that the current titans don't rest on their laurels as much anymore. They are all way more willing to hire and fire as much as necessary than past huge companies from back when staying your entire career at a company was the norm and firing was only done due to serious financial trouble or as a punishment. Plus, current megacorps are way more difersified than past cases. Just Apple per example has a fintech part, a music streaming part, a video streaming part, a chip design part, a consumer electronics part, etc and they are probably the ones that are spread around the least. Google per example has gone from being a search engine to developing many different software products, being an add provider and now making even phones, cars, AI and chips. Older American titans like intel, AT&T, Cisco, IBM, etc were much more concentrated on a single market and crashed hard after they started falling behind on that market or got broken apart because they dominated that market too much. The current American titans resemble more things like the Korean chaebol or the Japanese zaibatsu which have been at the top of many of those countries' main industries for a century or more. There is a good chance that most of the current mag7 will still be huge relevant companies well into the 22nd century.

thejumpingsheep2

You are comparing new growth to established companies. What was IBM's PE back then? Answer: 30ish. MSFT was also between 30-40.

srfdriver99

> To the extent you believe in economies of scale, larger companies will always outperform smaller ones over long time horizons. This is why IBM is the biggest tech company, right?

turudd

IBM still does a ton of R&D though. Oracle just sits back on their licensing costs and shitty DB engine

dont_downvote_SPECIL

IBM CEO Aarvind Krishna’s podcast assigns “really low, like 0-1%” that today’s known tech will lead to AGI (artificial general intelligence) given the limitations of LLMs. These are why Nvidia Rubin chips are so important because then it will be feasible to transition AI models from LLMs to World Models

jedinatt

I'm sorry but how often do companies close their consumer branch and then reopen at a later date? That's a *big* assumption to make. Maybe IBM will get back in the PC game sometime soon, lol.

SidonyD

Centrus is tricky because their outlook for 2026 is not so good :( Nuscale and Oklo, it's not a reality yet ... Rigetti : good but not IBM and Google look better equiped to gain the quantum race.

Individual_Gap_77

Layoffs at target, Verizon, Costco, ibm and many others are due to offshoring. AI, 80% is only used as an excuse. My department was laid off gradually in last 3 years, while all these jobs went offshore. I am in tech, software engineer. We trained the team offshore. And in last 2 years, they completely wiped off the department. And they said it’s AI efficiency. No it’s not. Search about AMEX, Visa, Costco, Verizon, AT&T, IBM, American Airlines, Vanguard …. And 1000s of more companies. Offshoring is killing U.S economy

LFG530

Obviously, the weak guidance part is key in my comment. I would 100% buy a tech titan with strong guidance and prospects even at a 40 PE if the story tracks. I think Oracle is an overhyped software peddler with very mid products, they are not that different from IBM and should not command a large premium.

uncleBu

IBM is a real company with many strings of revenue and an interesting quantum agenda. QUBT is a scam and the CEO of RGTI has openly said they will not generate meaningful revenue in the next 5 years

Return_Of_OGPine

I mean, I went long on IBM back in 2022 at $125 and I certainly haven't looked back. I didn't even buy IBM for quantum at the time it was for the dividends. It's outperforming QQQ in my portfolio by about 3x since I bought it. Never planning on selling.

JeffB1517

In general the term "panic selling" really applies more to people in the financial markets that retail investors. On average retail is contrarian: selling when markets go up, buying when they go down... The best example being the extraordinary low bond yields, retail was shorting bonds (increasing their mortgages) into the bond surge, and when interest rates went up, buying bonds. The Fed even commented on the 5% number for treasuries and CDs with a flood of retail money when they hit that point. The strongest retail sellers who do play momentum tend to be younger, basically a younger crowd that buys high momentum stocks during the bull and the put buying crowd during the bear. That's on average a very losing strategy if done too much, though there is a momentum factor that is meaningful. Those people view what they are doing as speculation, I don't think the word "panic selling" really fits. In terms of me personally I'm old enough to have been through a lot of crashes including the Dot Com, 2008, Covid Crash. Dot Com I was in value stocks. Pretty much nothing happened, though I was shocked how mild it was. 2008 was more like what I thought would happen in the mid 1990s. I was sort of awed by the ferocity; it was one thing reading about that sort of bear, another thing living through it. A lot of my plans didn't work out. I knew enough though that during crashes isn't the time to make major shifts. Assess after. What was really shocking on top of details was how long it took value, as opposed to growth, to recover. Value stocks got hit a lot worse, and recovered more slowly unlike the Dot Com Bust. That's one of the main reasons Value remains suppressed even today, too many people have learned the lesson that quality growth stocks are the ticket. Much like during the Depression when stocks like IBM did well when most everything tanked. Which led to Go-Go Boom in the 60s and One Decision Growth Stocks in the 70s. The Covid Crash was interesting but short. People don't tend to realize how fast it happened. It was a substantial crash. I did adjust this time, and was shorting bonds. Best trade of my life.

pogkaku96

Oracle is a boomer company. They have become worse than IBM

ImmySnommis

I mean, yeah, 40 years? Hell our entire society has changed in that time. I'm sure the people holding La-Z-Boy, Olin and Avnet in 1975 didn't do too well either if they held forever. I'm not even sure where you got that list. The list I saw was: IBM ExxonMobil GE Philip Morris GM Amoco Shell But at any rate... Active is a relative term. What would the returns be if you had realigned once every 5 years to the current top 7 stocks? I wouldn't call that "active" but I'd say it's reasonably lazy. Let's see what changes. By 1990, GM and Amoco are out and Bristol Meyers Squibb is in along with Merck. 1995 we lose IBM, and Bristol Meyers Squibb but gain Coca Cola and AT&T. In 2000 the shift gets bigger. We lose newcomer Coca Cola as well as Merck, Philip Morris and Shell but gain Pfizer, Cisco, Citi, Walmart and a little company called Microsoft. 2005 brings P&G, BoA and J&J as Cisco, Citi, Pfizer and Walmart drop out. I could go on, but you get the idea. You don't have to be an "active trader" to do well, but prudence says you should at least check in occasionally and readjust.

jetmd

We don’t have to wonder. These are total returns. Portfolio Performance: A $1,000 investment grows to $3,583, a 258% cumulative gain (3.5% annualized). This lags the market due to drags from GM’s bankruptcy (near-total loss) and underperformance in legacy industrials/chemicals (e.g., DD and GE faced restructuring challenges). Strong performers like IBM (+1,292% cumulative) and XOM (+1,284%) offset some losses, but not enough. S&P 500 Comparison: Grows to $9,381, an 838% cumulative gain (11.71% annualized). This benchmark benefited from broad diversification, tech growth, and compounding dividends. The portfolio underperforms by ~580 percentage points cumulatively.

LurkerFailsLurking

The Mag 5 of tech in 2005 was Microsoft, Oracle, Intel, IBM, and HP. If you'd been holding those for the last 20 years, you'd be doing alright 

digital022

The only two companies on that list that did anything groundbreaking is IBM and Ford. In Ford's case, a paradigm shift was created when the assembly line was invented. Ford was not publicly traded at the time. However, Henry Ford's net worth ballooned from an estimated $100 million to $1.2 billion in the span of 6-7 years.

whistlerite

It’s not that different really, Yahoo would have been a small profit like most big tech from 20 years ago (IBM, Intel, HP, Dell). The ones that made people rich after the dotcom bubble were the same ones that made a lot of people broke after the dotcom bubble.

Affectionate-Idea690

IBM?

Effective_Bag2793

FUSE being lit. Legit AI company head led by former AI director of IBM.

schlomow1

I agree, however, I think Google and IBM have the best chances in this field.

Emperor_of_All

God I am so sick of these daily AI bubble topics. OK lets look at what people are saying that you people don't get. You guys keep pointing to AI infrastructure companies and saying look how great AI is doing people are spending tons of money on AI infrastructure there is no bubble. THAT IS EXACTLY what people are afraid of. People are saying it is a bubble because ACTUAL AI companies have no path to profitability but are spending tons of money on AI infrastructure. You guys pointing out how much money AI infrastructure companies are making is actually proving their point. IBM CEO said it best when he was like you spend 80 mil on a data center, in 5 years that data center is worth nothing due to depreciation of chips you need to spend 80 mil on new chips, you will never make money back on the first round of chips, that is just flushing money down the toilet. So who is making money, NVDA is making money and in 5 years they will make money again when those chips are worthless. But this is a cash burn for actual AI companies. I hope this makes sense.

FullCopy

The IBM CEO is captain obvious trolling LinkedIn 24/7. Yeah, AI has no ROU, etc. It’s also clear ChatGPT writes all his bullshit.

FullCopy

ORCL is like IBM with shittier reputation.

No-Block-2095

What about GE, IBM, Boeing and kodak?

Charlie_Q_Brown

Microsoft has been doing this for 50 years. Google 27 years. Nvidia is 27 years. IBM is 114 years old with a RTI of over 17million percent. Motto of the post, good, intelligent, innovative companies can thrive for decades and possibly centuries.

mtnrnnr802

My strategy this year. GOOGL leaps, and occasionally short dated shit I’ve gotten lucky on, POET (ew), KSS, WBD. I’m 80% GOOGL, then the rest is IBM and AAPL. I’m up over 200% this year. Thank you!

TomatoSpecialist6879

IBM investors happy their CEO is sucking 🥭's cock to pump the stock

CheapTechnology6193

I had some of it. I was surprised nobody else was interested in the stock considering it was an open secret they wanted to be acquired. Lots of companies knew they were valuable too, and I think IBM got a steal at an $11B valuation. I also own IBM

Scared-Signature-452

So anyone who says inverse Kramer has no idea what they're talking about. He's been banging on about GEV, IBM, HON over the last couple of months. Two of those worked out pretty decently.

mtnrnnr802

I’m a mature adult and buy IBM leaps

daddysgirl794

I mean even if they do subsidize it it's likely going to be towards companies like IBM and Google and not a soda beverage company like QUBT that "pivoted" to quantum a couple years ago lol

FoolishProphet_2336

IBM was once synonymous with computing and high technology. Today they do business consulting and have a sad portfolio of abandoned technologies that were going to make them relevant again and IP nobody wants to license. Maybe don’t follow predictions about the future from their CEO-of-the-month, Mr what’s-his-name.

Kind_Initiative_7567

Sounds about right to me, though I would lean more on IBM....

EvolvingDior

The best two quantum computing stocks are GOOG and IBM. Everyone else is gonna go bankrupt.

QuantumCliff

Holy shit, IBM actually making moves that don't involve mainframes from 1985

Rollinstonedan9929

It’s also worth having some money in other sectors, like discretionary, healthcare, staples, defense! Also foreign etfs like Chile, Vietnam those have given me great returns! The problem is ur concentrated into the IT sector! The ones u have like applied digital and wulf potentially navitas have a chance to make a shot higher! But id also have thoose enforced by tech companies that are more established ie IBM, Intel, Microsoft, Nvidia! With the rate cut u will likely recover half of thoose positions! Best of luck my friend!

cogit2

I wouldn't put too many hopes or bets on AI right now. For starters, AI is dumb as a post. IBM's Deep Blue beat a Grandmaster chess champion in 1996, the first time a computer had done so. Today, even if you have never played ChatGPT, you can win a game of chess against it. It is dumb as a post. But second: Boomers occupy mostly senior roles, they are advanced in their careers. Those are jobs less likely to be replaced by AI. These are not content streamers and social media personalities who can be replaced by AI today, these are the CEOs, CFOs, etc. Their retirement does represent a possible largest job-vacancy void of all time, and companies will have to fill those rolls.

ConfectionDry7881

IBM buys a free software not related to AI for $12 bn to improve it's AI offerings 😂

agustingomes

I invested 1500$ in CFLT in 2021, and most of the time ever since it has been negative. I do believe this is one of the best players in the data streaming space, but seeing IBM finalising the acquisition for 31$ per share is finally going to put me in profit territory. Thank you, IBM, very cool!

mpbh

I worked there, this is the answer. Banks, governments, and airlines across the world are stuck with IBM until nuclear winter. These companies have 50+ years of business logic on iSeries mainframes and every attempt to move away from them has failed.

Empty_Geologist9645

IBM you mean?

OrbitalOutlander

There was no comp adjustment with IBM in my couple years working there post acq. I did end up going some place that paid better eventually. I believe IBM will only mess with Confluent if they don’t make money and hit internal goals, which is exactly what would have happened if they stayed public. Just like Red Hat, IBM is buying Confluent more for the people then the technology. Kafka is Kafka. It’s the people that makes the difference. But if the people don’t perform, IBM will have consequences for Confluent just like the street has in the past.

Both_Bowler1132

Was that a big comp adjustment when they took over Red Hat? Confluent pay is considerably higher than IBM.

OrbitalOutlander

My experience with an IBM acquisition was nothing like the doom narrative you’re selling. Yes, there was sales friction, but the business grew, smart people stayed, and none of the apocalyptic FUD you’re pushing ever happened. I was at Red Hat. The place is still full of extremely competent engineers doing real work, not whatever caricature you’re imagining. IBM is enormous. Some acquisitions are disasters, some aren’t. Pretending your outcome is the universal one just signals that you’ve generalized a personal failure into a grand theory. As for Scott Adams, he’s not some insider sage documenting corporate life. He’s a conspiracy-minded crank who pivoted into grievance monetization. There’s nothing profound about it, and invoking him doesn’t strengthen your argument. If your experience was that catastrophic, I am sorry you went through that, but don’t project it onto everyone else. What you’re describing sounds more like a you-problem than an IBM-problem.

3381024

\>>Will open more IBM position soon How much do you think IBM will grow beyond its current position?

liquidpele

Na, it's pretty typical without many exceptions... also it's not just IBM, although they are certainly a case study in bureaucracy and mismanagement. The dilbert cartoons are literally about IBM and the like, the creator worked there for a while.

Thisispaartaaa

Just buy IBM or GOOG if you want exposure to quantum

fake212121

If IBM will pay $31 per share tomorrow, why confluent shares are priced 30$now?

AlienSweetPotato

Wait, IBM got $11B?

liquidpele

Not much will change for the first year, except they'll let go most of your HR, Marketing, and Sales in favor of their own teams. Then a year later you'll realize that their sales people were not selling because they didn't know your products and your products compete with things they were already selling. Also you'll realize that the hiring/promotion freeze wasn't actually temporary while they integrated. The 401k 6% match is nice though so you tell yourself it's fine. Then at about year 2 the HR/sales issues start causing spreadsheets to turn red so they start micromanaging, solutions will have to use certain hardware IBM makes, or certain software components that IBM owns, etc. Any innovation grinds to a halt, and by year 3 you'll look around and and realize all the skilled people left months ago.

FullOf_Bad_Ideas

IBM does have enterprise software. It's not amazing but it works and can be cost effective. For example, media post-processing companies use them a lot. you don't see it because it's not aimed at customers and their pain points.

Souldrop

IBM has been trying to get in on a ai boom for over a decade. Same with NVDA. It just took LLMs to make it the new hotness.

rioferdy838

Even IBM is trying to get in on the AI boom. Yes..IBM. This aint a fugging bubble. This is the next industrial revolution.

liquidpele

As someone whose company was bought by IBM once, my condolences to the Confluent employees.

Unhappy_Eggplant_109

I work at IBM, and when I started this question they made it a point to answer this. It's probably propaganda but the way it was described to us was that IBM was a behind the scenes company for other companies. They gave us examples, but the only ones I can remember are: \- Have you scanned your credit card today? At some point along the process, of paying, you've used an IBM system \- Have you gone to Walmart or Target recently? Their entire logistics / inventory is IBM systems From who I've seen my team work with, it's kind of true.

Ctofaname

IBM does not compete in the same industries as other AI companies and has a complete monopoly in their space. Highly regulated entities. Its a small niche but completely monopolized by IBM with no competition performance and service wise.

blitzkreig31

IBM and their chase for all things dead.

funkdizzletron

IBM. Don’t miss this one

they_paid_for_it

Damn, Confluent has good products so I hope IBM doesn’t drop the ball on this

underpaid--sysadmin

Their main thing is still mainframes and legacy software. Neither of which are likely to go away soon. The moment it does IBM will keel over. I worked there for a couple years before being laid off and trust me when I tell you, their AI is complete and utter dog shit.

ScarletViolin

Calling it software is an insult to anybody who can turn on a computer. At this point IBM is only relevant because of boomer CEOs who can barely work their cellphones much less gauge a competent company and acquiring companies while they still have some relevancy. I’d take memecoins over whatever useless sht IBM pumps out

slick2hold

IBM doing what IBM does best. Massive purchases that add little value and work to alienate employees. The blue blood can never be fully drenched from these people and Arvind I thought would be different

aftherith

Dang I was already up 45% on CFLT. IBM is still in business??

lord_of_tits

What does IBM do now? I know they support their legacy software that no one can replace at exhoberant fees and what else?

ThatGuyFrmBoston

Do you think IBM is not an Indian dev shop ? They are match made in heaven.