https://www.trefis.com/stock/ibm/articles/607320/ibm-stocks-sudden-reversal-from-buy-now-to-under-investigation/2026-07-15
6 replies (most recent on top)
Ginni - Roadkill (Roadmap) 2015.
This dates back to at least the days of Ginni and her Strategic Imperatives (CAMSS). Arvind just continued that playbook with his GenAI metric.
Most IBM revenue comes from 1) mainframes 2) bodyshop "consulting" AKA staff aug work. They play games with how they allocate that revenue to things like AI. Consulting project to migrate some legacy Java code but someone on the team used Bob to write an email to the client? Count the entire revenue as AI. Mainframe upgrade and legacy transaction processing SW ELA renewal? Bundle in some watsonx that the client will never use and count all the revenue as AI.
In a few years, they'll throw in a free "quantum computer" that doesn't actually do anything with all mainframe/SW ELA renewals and count it as Quantum Revenue.
All the quant and sub nm press was bullsh-t. Those who pushed those narratives should be investigated and held directly accountable
I am guessing, the letter that was sent by the slimy Indian at the top was a hint about an upcoming audit. The slimy Indian with the help of his cabal are trying to "correct" the books. They are trying to avoid some jail time.
IBM executives have been cooking the books for quite sometime.
Bob just erased all the records. Oops, cloud happens.
There’s a lot more than that going on. The kyndryl fiasco is Canary in the Coal mine…