Big Blue, Huge Debt
IBM is basically being robbed while its debt soars. "IBM is at $307," one person wrote some hours ago, "they need to continue saving money for the investors and for AK" (the CEO).
As a reminder: IBM's Debt Rose by Almost 10 Billion Dollars in the Past 6 Months Alone
Some time in the coming hours (or few days) these figures about IBM's debt will be updated. We'll write a followup around this time.
We expect that in spite of many waves of layoffs - both silent and visible - IBM's real value will tank, debt will soar again, and there will be no prospects of buying any more companies (like HashiCorp or RHAT) to artificially inflate the revenue. █
