A heck of job, GR and AK! Why not go hide in a ho-e to enjoy your ill-gotten millions of loot!
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Now this is the right way to run a company, and get paid handsomely.
https://www.bloomberg.com/news/articles/2021-08-26/apple-ceo-poised-to-get-750-million-final-payout-from-big-award
Look up Value Stock vs. Growth Stock. None of these other companies people rave about give nearly as big a dividend as IBM does -- now is this the smart thing to do? Probably not anymore, which is why they're splitting and trying (emphasis on the trying part) to return to being a growth stock. People always tend to forget that stock pays out dividends as well. I would wager a guess that 90% of IBM stock holders hold it for that dividend and don't expect much from the market cap - though it'd sure be great to have both.
IBM isn’t worth SH-T!!!
@yem+1cxTLZDt - I'm not sure. IBM's market cap has hovered between $112B - $136 since Jan 1 2021 (see https://ycharts.com/companies/IBM/market_cap)
Split hasn't officially occurred yet, so it's anyone's guess what happens post-split. Well, not a _complete_ guess. Market cap is the share price x number of shares sold, right? Kyndryl operates as its own company and doesn't start off taking a portion of IBM's stocks. So, that "stocks sold" remains fairly constant for IBM.
The BIG variable is what happens to IBM's stock _price_ after the split occurs? If the stock price drops, so does its market cap.
@vrp+1cxTLZDt So 124B is before kyndryl split right?
I wonder what will it be after the split. < 100Bil ?
IBM's current market cap, btw, is about $124B
That's about $27B short of the smallest tech companies on that chart: Qualcomm and SAP, each at $151B
Who cares
Let's see how much the companies differ:
AMD has vision, roadmap, focus, highly-paid top talent, and execution.
And how much they are alike:
IBM company name has three letters just like AMD.
Even Ross, chain of stores selling off-season clothing, is worth $46B. Wall Street really believes ibm is dead money.
No sh-t. https://www.visualcapitalist.com/the-biggest-companies-in-the-world-in-2021/
Tech heavyweights have over $1T market cap. Any respectable technology company should be around $250B (Cisco, Oracle). Even TCS has more market cap than ibm's. What a shame.
And AMD's CEO, Lisa Su, was a former IBMer no less!