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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 ...
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TipRanks on MSNIBM Stock Slumps: A Hidden Opportunity?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 reported a 3 percent decline in second-quarter revenue as hardware and service revenue fell and software sales were flat. But, IBM executives pointed to solid growth in net income, up 6 ...
(Bloomberg) -- International Business Machines Corp. shares fell the most in 10 months after the company reported a greater sales decline in the fourth quarter than analysts had expected, signaling ...
IBM stock slips as software sales slumped in March due to coronavirus First-quarter earnings beat, but outlook pulled on uncertainty Published: April 21, 2020 at 6:27 a.m. ET ...
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 ...
On an adjusted basis, however, segment revenues grew 30%, reflecting a long awaited sales of its new z-Systems mainframe offering (up 130%). See our full analysis on IBM. Software Revenues Decline.
A 42% sales decline sounds bad, but it's actually business as usual. But investors shouldn't worry about this mainframe sales collapse. It's happened before, and it will happen again. IBM's System ...
(Reuters) - 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 ...
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