Consultants say the functionality looks strong and it should be effective, but at the possible price of trading one vendor ...
AI infrastructure buying shift among customers impacted z17 performance in Q2, but the Big Iron remains a critical AI platform, IBM says. Revenue from IBM’s z mainframe portfolio sunk 42% in the ...
On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in revenue, $9.9 ...
A week after shocking investors with a disappointing preliminary earnings forecast that missed estimates, IBM Corp. today reported financial results that fell short of expectations for both revenue ...
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IBM lowered its revenue growth forecast to four to five percent after mainframe Z system sales fell 42 percent in the second quarter IBM cut its full-year sales outlook on Wednesday after reporting a ...
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Shares of IBM were down more than 23% when the market opened on Tuesday, raising fresh questions about whether companies are seeing enough near-term returns from artificial intelligence spending. It ...
IBM now expects 2026 revenue growth of 4% to 5%, down from prior expectation of more than 5% growth Z mainframe revenue slumped 42% in the second quarter Second-quarter adjusted profit was $2.93 per ...
IBM IBM-0.49%decrease; down pointing triangle warned investors on Wednesday that its full-year revenue growth will be lower than it had previously forecast, one week after suffering its worst ...
This article was originally a live blog. Live updates have concluded but remain visible in reverse chronological order below. Big Blue reported earnings today, July 22, after market close. At 5 p.m.
Forbes contributors publish independent expert analyses and insights. Jim Osman is a finance expert with over 30 years of experience. This voice experience is generated by AI. Learn more. This voice ...
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