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In Global Technology Services, revenue fell 5.5% while sales from Global Business Services dropped 2.6%. Systems, which includes hardware and operating systems software, saw sales decline 18%.
International Business Machines (IBM) experienced a notable decline in its stock price, dropping by 8.78% over the past week. This downturn came despite a strong second-quarter earnings report that ...
IBM ( IBM) is down 7.6% today despite reporting some solid headline numbers. Revenue of $16.98 billion beat the $16.59 ...
IBM Corp missed Wall Street estimates for quarterly revenue on Thursday, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals due to pandemic-induced ...
IBM’s profit fell 38% as it suffered its fifth consecutive quarter of lower sales. Revenue decline was fifth in a row and its 27th overall under CEO ... IBM reported sales of $18.03 billion, ...
Growing Software Sales Underpin IBM’s Narrow Moat Eric Compton , Apr 24, 2025. Share ... although we would not be surprised to see this ratio decline over time as we think it is currently a bit ...
IBM's total revenue will likely decline this year, mostly because of a significant currency headwind, but also because of slumping mainframe sales. But next year will look a whole lot better. 10 ...
Sales from cloud and cognitive, which houses IBM’s software offerings and its biggest unit, declined 4.5% to $6.8 billion after two years of growth.