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Conspiracies & Cover-ups
IBM versus amazon
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<blockquote data-quote="HDRKID" data-source="post: 157610" data-attributes="member: 43"><p>Jim Cramer says IBM is being crushed via amazon.</p><p><a href="http://www.cnbc.com/2017/07/19/cramer-ibm-is-just-another-company-that-has-been-amazoned.html" target="_blank">Cramer: IBM is just another company that has been 'Amazoned'</a></p><p></p><p><a href="https://www.benzinga.com/media/jim-cramer/17/07/9794742/ibm-has-been-amazond-according-to-jim-cramer" target="_blank">IBM Has Been Amazon'd (NYSE:IBM) According To Jim Cramer</a></p><p></p><p>Witness the fall of yet another american icon. The stock hit a 52 week low just now. It joins a long list of failing companies. Questions emerge on if it can survive.</p><p></p><p>TAKEN FROM <a href="https://www.forbes.com/sites/chuckjones/2017/07/21/can-ibm-break-out-of-its-rut/#11d3c10523e2" target="_blank">https://www.forbes.com/sites/chuckjones/2017/07/21/can-ibm-break-out-of-its-rut/#11d3c10523e2</a></p><p><em>When you dig into IBM’s second quarter results you discover that it is another quarter of disappointment. Revenue of $19.3 billion was about $150 million below the Street’s estimate and was the 21st straight quarters of lower year over year revenue</em></p><p><em></em></p><p><em><a href="http://www.cnbc.com/2017/07/18/ibm-q2-earnings-preview.html" target="_blank">Wall Street is losing patience with IBM as the company is expected to post another revenue decline</a></em></p><p><em></em></p><p>Friends, they are doing worse every year. I fear, there is no turnaround near.</p><p></p><p><img src="https://tse3.mm.bing.net/th?id=OIP.mvLEVO1kMSZL8Vgj6Apb7gDIEs&pid=15.1&P=0&w=300&h=300" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="HDRKID, post: 157610, member: 43"] Jim Cramer says IBM is being crushed via amazon. [URL="http://www.cnbc.com/2017/07/19/cramer-ibm-is-just-another-company-that-has-been-amazoned.html"]Cramer: IBM is just another company that has been 'Amazoned'[/URL] [URL="https://www.benzinga.com/media/jim-cramer/17/07/9794742/ibm-has-been-amazond-according-to-jim-cramer"]IBM Has Been Amazon'd (NYSE:IBM) According To Jim Cramer[/URL] Witness the fall of yet another american icon. The stock hit a 52 week low just now. It joins a long list of failing companies. Questions emerge on if it can survive. TAKEN FROM [URL]https://www.forbes.com/sites/chuckjones/2017/07/21/can-ibm-break-out-of-its-rut/#11d3c10523e2[/URL] [I]When you dig into IBM’s second quarter results you discover that it is another quarter of disappointment. Revenue of $19.3 billion was about $150 million below the Street’s estimate and was the 21st straight quarters of lower year over year revenue[/I] [I] [URL="http://www.cnbc.com/2017/07/18/ibm-q2-earnings-preview.html"]Wall Street is losing patience with IBM as the company is expected to post another revenue decline[/URL] [/I] Friends, they are doing worse every year. I fear, there is no turnaround near. [IMG]https://tse3.mm.bing.net/th?id=OIP.mvLEVO1kMSZL8Vgj6Apb7gDIEs&pid=15.1&P=0&w=300&h=300[/IMG] [/QUOTE]
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