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 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 CEO Arvind Krishna joins 'The Claman Countdown' after IBM trimmed its full-year sales growth forecast following an earnings warning. QVC host loses it after vulgar slip-up live on air Bodies found ...
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 ...
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Colin is a Senior Writer of tech and financial news. He has more than three years of experience writing, editing, proofreading, and fact-checking content. He received his M.A. in journalism from The ...
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 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 ...
Monday - Friday, 6:00 - 7:00 PM ET CNBC's Jim Cramer said IBM's sharp sell-off isn't enough to make the stock a buy, as corporate IT spending is shifting away from software toward cybersecurity, ...
International Business Machines IBM3.91%increase; up pointing triangle shares sank as much as 25% in morning trading after the company issued a profit warning citing a shift in customer spending from ...