International Business Machines Corporation: Paying Peanuts, Getting Monkeys
Ladies and gentlemen. Give it up for the "PIPmunks".
Discussion in recent hours and minutes: (they don't pay enough to retain key people, whom they demonise as 'dinobabies')
Shares down (results):
The market in general is up sharply, just not IBM.
IBM is a rotting company or a plane that disintegrates in 'mid-flight' (in transit) because it lacks the core talent it once attracted as an industry leader, not a leading demolisher.
It doesn't matter what the Stock Market (with capitals) says; IBM as a company is metaphorised by this footage from 2 months ago. Highly ambitious, no substance. The executives enrich themselves (wasting money the company does not have by borrowing money to buy other companies' revenues and thereby fake "growth") while the boat sinks. Fake growth is not growth but a growing liability. █
Image source: Chipmunk Eating A Peanut