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IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its ...
Today's bear gap has IBM dropping to its lowest levels since mid-May, moving sharply away from its June 25 record high of ...
IBM shares sank Thursday, as slightly weaker-than-expected software revenue growth is weighing on a second-quarter earnings ...
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InvestorsHub on MSNIBM Shares Fall Over 5% as Software Segment Struggles Despite AI Mainframe GainsShares of IBM (NYSE:IBM) dropped more than 5% in premarket trading on Thursday after weaker software sales overshadowed the ...
We also think IBM's AI-related software revenue, while still a minority of AI-specific revenue (with the majority being consulting bookings), should grow at a more accelerated rate over time.
IBM Corp. beat expectations on second-quarter earnings and revenue today, aided by strong sales of new mainframe hardware ...
IBM gets lift from software, AI demand as consulting slips By Arsheeya Bajwa July 24, 20243:50 PM PDTUpdated July 24, 2024 ...
First-quarter revenue reached $14.5 billion, up 2% in constant currency, with software growing 9% and now accounting for approximately 45% of total revenue. Red Hat remained a standout performer ...
IBM's Software Group has changed the compensation structure for its SMB sales reps by eliminating higher commissions on software sold direct,a move that solution providers say stands to boost ...
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