Bonum Certa Men Certa

Graph of IBM's Debt Helps Shed Light on the Red Hat Squeeze

Let's see how IBM is doing at the bank by examining debt. The following are deficits and totals (running sums), not savings.

Long Term Debt ($53.826 billion in March):

IBM Long Term Debt 2010-2023 | IBM
Buying Red Hat was like paying for a 'trophy' while burying the "legacy" parts (Kyndryl) and selling some to China (Lenovo). Notice how debt grew.



Total Liabilities ($111.964 billion in March):

IBM Total Liabilities 2010-2023 | IBM
These are liabilities. Squeezing Red Hat customers (RHEL/CentOS users) for money is classic IBM, being a company that -- despite many people forgetting it or not knowing it -- extorts clients through lawyers.



Summary: The media does not often talk about the debt of the dying giant. IBM's total liabilities for the quarter ending March 31, 2023 were $111.964 billion and long term debt for the same quarter was $53.826 billion. Like many other companies, IBM is buying back its own shares, faking stability and "growth". IBM has not been a 'household name" or even prominent in business for nearly two decades already, so its contemporary existence is largely speculative and the company still makes a lot of its revenue by (software) patent blackmail, using patents that last 20 years.

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