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 ...
IBM's results trailed estimates, even after analysts lowered projections to reflect an earnings warning. The revenue and adjusted earnings per share were in line with the figures released a week ago.
IBM CEO Arvind Krishna joins 'The Claman Countdown' after IBM trimmed its full-year sales growth forecast following an earnings warning. Democratic Rep. John Larson loses his primary to opponent ...
CNBC's Jon Fortt joins 'Closing Bell Overtime' with IBM quarterly results. Married at First Sight's Ryan De Nino dead at 40 Maryland grandmother convicted after 7-year-old fell out of car, died on ...
International Business Machines cut its outlook, but for analysts, the most important thing now is meeting those new targets. IBM IBM said Wednesday it expects revenue growth on a constant-currency ...
IBM blamed the miss on its z17 mainframe business. The company had expected a low-single-digit decrease in the business as it lapped its launch from last year, but the decline was much worse than ...
International Business Machines warned last week that its quarterly revenue had come up short as customers drained their budgets on artificial-intelligence hardware, leaving less room to invest in ...
IBM’s blockchain portfolio includes more than 680 patent families and nearly 1,000 issued patents worldwide, with a particular focus in supply chain applications. Circle will acquire IBM’s blockchain ...
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 ...
IBM CEO Arvind Krishna told CNBC that just 2% of IBM's software could be replaced with applications built with artificial intelligence models. The comments followed disappointing results, as customers ...
IBM CEO Arvind Krishna set the record straight over fears of a long-term tech slowdown, revealing that one-third of the major enterprise deals delayed during a rocky second quarter have since returned ...
In a letter to shareholders, CEO Arvind Krishna said IBM expects to report Q2 revenue increased 1% year over year to $17.2 billion and adjusted earnings per share (EPS) – what the company calls ...