its ironic that IBM sold off its x86 pc/server to Lenovo and kept their big iron (mainframe) but now everyone is buying up pc/server due to AI boom. Dell's stock have been surging with the rest of AI stocks
With the caveat that I work for IBM but have no inside knowledge about anything important, it doesn't seem very bad to me? Overall profit is going to be down a tiny amount below expectations.
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ferminaut
This was great timing for IBM employees with RSU's. Many folks had RSUs which literally unlocked this morning.
Worst day, so far* ;-)
its ironic that IBM sold off its x86 pc/server to Lenovo and kept their big iron (mainframe) but now everyone is buying up pc/server due to AI boom. Dell's stock have been surging with the rest of AI stocks
And then bounces back.
Go buy it right now, profit tomorrow.
The press release: https://newsroom.ibm.com/2026-07-14-Arvind-Krishnas-Letter-t...
With the caveat that I work for IBM but have no inside knowledge about anything important, it doesn't seem very bad to me? Overall profit is going to be down a tiny amount below expectations.
This was great timing for IBM employees with RSU's. Many folks had RSUs which literally unlocked this morning.
All over the place in Big Blue land:
Jan 28: IBM Mainframe Business Jumps 67%
https://news.ycombinator.com/item?id=46802376
Feb 13: IBM tripling entry-level jobs after finding the limits of AI adoption
https://news.ycombinator.com/item?id=47009327
Feb 23: IBM Plunges After Anthropic's Latest Update Takes on COBOL
https://news.ycombinator.com/item?id=47128907
Apr 30: Granite 4.1: IBM's 8B Model Matching 32B MoE
https://news.ycombinator.com/item?id=47960507
Jun 25: IBM debuts sub-1 nanometer chip technology
https://news.ycombinator.com/item?id=48674967
Not sure what the title was when submitting, but current title is: IBM is on pace for its worst day ever
> IBM Stock has worst day
(so far)