IBM's Shares Have Just Collapsed Again as a Result of the Phony 'Results'

posted by Roy Schestowitz on Apr 22, 2026

Minutes before the 'results' we wrote about it and then, boom!

IBM Common Stock; report, then -$20

IBM Earnings: IBM Stock Sinks despite Topping Estimates

Of course all the so-called news is shallow parroting of IBM or "churnalism" void of real analysis.

Other Recent Techrights' Posts

Web Browsers Are for Rendering Web Page, They Shouldn't Become PDF Editors: Linus Torvalds is quickly learning and speaking about this
Torvalds Capitulated on Rust and Slop, Now He's Paying the Price: they are pushing Microsoft and slop for grifters and scammers
Links 20/05/2026: Looting of Americans for "White Grievance Reparations Fund"; "Mark Zuckerberg Used Shell Companies to Bully Native Hawaiians": Links for the day
SLAPP Censorship - Part 82 Out of 200: British Government Intervenes in the SLAPPs by Brett Wilson LLP: At this stage our matters are dealt with by a layer below that of the Prime Minister (adjacent to it)
LinkedIn Communications Reveal That LinkedIn - Like GitHub - Will Vanish Inside the Belly of Microsoft: This is definitely going to happen.
In Wall Street, Financial Difficulties Drive Shares Up: Wall Street doesn't work that way
The Corrupt Lecture the Non-Corrupt - Part XXVIII - European Patent Office (EPO) Guidebook Says Report Crimes Committed on EPO Premises. Some Did, But President Campinos Covers up for the Culprits.: The staff has long been on strike and the union (SUEPO) organised an enhanced day of action just two days ago
Gemini Links 20/05/2026: Fall of an Empire, "High Tech is a Social Exercise", and Big Cameras: Links for the day
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Tuesday, May 19, 2026: IRC logs for Tuesday, May 19, 2026
LinkedIn Layoffs at Microsoft: Probably Well More Than 5% of Staff: In short, it's difficult to believe only 5% are impacted
It's Not Just a Widespread Theory, It's Apparently a Verified Fact: Home Appliances Not Made to Last Long: Washing machine repair man asserts that the machines sold a decade ago could maybe last a decade; now they last barely 5 years.
Whistleblowers Needed: We Are Seeing Many Layoffs in Red Hat (Not Just in China), We Want to Know More: Last week we learned about some people who said they had left Red Hat or are leaving Red Hat
Links 19/05/2026: More Obituaries for Peter G. Neumann, Taiwan Abandoned by Cheeto House for Don's Personal Gain: Links for the day
Links 19/05/2026: Online 'Storage' (Surveillance) Accounts Lower Thresholds (Gmail, Google Drive, and Google Photos), Slop Debacles Expand (False Promises Made to Staff Regarding Compensation): Links for the day
SLAPP Censorship - Part 81 Out of 200: SLAPP Censorship Does Not Work If Your Sole Strategy is Revenge (and You Attack the Family): Both yours and others'
Techrights at 20 (Soon): It does not seek popularity or affirmation from "Establishment" outlets
We Pay More for Less, for Things That Last Less Time and Are Almost Impossible to Repair: Ever noticed how "modern" or "smart" TVs come with dumber and dumber (worse) controllers?
Vista 11 Turns 5 in a Couple of Months. Not Many People Use It.: It is the only supported version of Windows; many people move elsewhere
Head of GitHub Recently Left, Microsoft Need No Longer Report Mass Layoffs There (User Activity is Declining): We've long said that LinkedIn and GitHub, which Microsoft bought, would likely end up like Skype
The Slop Bubble is Already Bursting: Slop is not desirable and the general public is growingly impatient, seeing that slop has improved nothing for them
Gemini Links 19/05/2026: Reliable Old Tech, Collection of Essays: Links for the day
The Corrupt Lecture the Non-Corrupt - Part XXVII - European Patent Office (EPO) Became a "Toxic Work Environment" When Cocaine Addicts Put in Charge: They are putting at risk colleagues by abusing them
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Monday, May 18, 2026: IRC logs for Monday, May 18, 2026
Links 18/05/2026: Slop-induced Shortages, Solicitors Regulation Authority Says It's Unable to Deal With Complaints Load (So Regulation Does Not Really Exist): Links for the day
Gemini Links 18/05/2026: Ghost Essay and World Wide Web Considered Broken: Links for the day
Cooperation and Collaboration, on a More Personal Level: Rianne, to me, isn't just a wife; she is also my best friend
IBM Has Payroll Problems (Just Like Microsoft): It's a good thing that many nations around the world are, accordingly if not proactively, divesting from GAFAM
Links 18/05/2026: 25 Years of OLDaily and Dangers of "Living With Too Much Tech": Links for the day
Trips to London: London isn't a bad place, but it's a long journey and we'd rather stay in Manchester and write about technology
SLAPP Censorship - Part 80 Out of 200: Having Run Out of Time to Meet a Judge's Deadline, Microsoft's Graveley Had Garrett's Lawyers Argued My ~190-Page Defence and CounterClaim (DCC) Was Unclear About My Position: Nothing could be further from the truth
Working in the Shell (and Fish): Yesterday we spent about 5 hours on the shells and fish
The Corrupt Lecture the Non-Corrupt - Part XXVI - Campinos Has Put Unfit-for-Employment Drug Addicts in Charge of the European Patent Office (EPO): How many months has Campinos got left before the delegates show him the door?
Over at Tux Machines...: GNU/Linux news for the past day
IRC Proceedings: Sunday, May 17, 2026: IRC logs for Sunday, May 17, 2026
Gemini Links 18/05/2026: Poetry, Sauna, and GNU Taler: Links for the day