Executives said on Tuesday that it will cost more to add talent in the months to come,
but the company plans to charge higher prices for consulting engagements.
Translation: new hires will get paid more and existing employees will be RA'd in order to offset.
https://www.cnbc.com/2022/04/20/ibm-stock-on-pace-for-best-day-since-april-2020-as-estimates-go-higher.html
IBM stock has its best day in two years as analysts raise estimates - means little!
IBM stock has its worst period last two decades as analysts lowered estimates - means the world!
Rocket ship??? More like bottle rocket
Now if they can just launch another new mainframe this qtr
Let's face it - IBM is a rocketship and if you want a ride on it, you need to stop whining and get on board.