Comment by edm0nd
Comment by edm0nd 11 hours ago
Honestly I'm not even sure what IBM does these days. Seems like one company that has slowly been dying for decades.
but when I look at their stock, its at all time highs lol
no idea
Comment by edm0nd 11 hours ago
Honestly I'm not even sure what IBM does these days. Seems like one company that has slowly been dying for decades.
but when I look at their stock, its at all time highs lol
no idea
Pretty sure they made all their money fighting the paperwork explosion.
They are in the business of international machinations.
My limited understanding (please take with a big grain of salt) is that they 1.) sell mainframes, 2.) sell mainframe compute time, 3.) sell mainframe support contracts, 4.) sell Red hat and Redhat support contracts, and 5.) buy out a lot of smaller software and hardware companies in a manner similar to private equity.
I can think of nothing more peak HN than criticizing a company worth $282 Billion with $6 billion in profit (for startup kids that means they have infinite runway and then some) that has existed for over 100 years with "I'm not even sure what they do these days". I mean the problem could be with IBM... what a loser company!
:) As much I love ragging on ridiculous HN comments, I think this one is rooted in some sensibility.
IBM doesn’t majorly market themselves to consumers. The overwhelming majority of devs just aren’t part of the demographic IBM intends to capture.
It’s no surprise people don’t know what they do. To be honest it does surprise me they’re such a strongly successful company, as little as I’ve knowingly encountered them over my career.
IBM is probably involved somewhere in the majority of things you interact with day to day
They make business machines, internationally.