Yet despite the strong print, a softer-than-expected performance in ibms software segment sparked some concern. · ibm’s traditional business model, built around mainframe computers and centralized it systems, was no longer relevant in the pc era. Earnings beat expectations but ibms revenue came in lower … Shares of ibm (nyse:ibm) dropped more than 5% in premarket trading on thursday after weaker software sales overshadowed the company’s stronger-than-expected earnings and revenue … · second-quarter software unit sales increased 10% to $7. 39 billion, the company said in a statement wednesday, slightly below analysts’ average estimate of $7. 49 billion. Overall revenue and profits topped estimates, … · shares of international business machines declined the most since april 2024 after the company reported weaker-than-expected sales in its closely watched software … The company’s failure to adapt … · ibm revealed its revenue decline accelerated in the final quarter of last year to 6. 5 per cent, a bigger drop than wall street had projected, as its normal end-of-year it spending … · according to a report by bloomberg, the software units sales rose by 10% to $7. 39 billion in the second quarter, falling short of the anticipated $7. 49 billion. · ibm shares fell thursday after the tech company reported worse second-quarter software revenue growth than expected. Investors hope they can keep seeing these results in the months ahead. July 23 (reuters) - ibm (ibm. n) beat wall street estimates for second-quarter revenue and profit on wednesday, but lower-than-expected sales in its mainstay software segment …
Ibms Software Sales The Untold Story Behind The 15 Month Fall
Yet despite the strong print, a softer-than-expected performance in ibms software segment sparked some concern. · ibm’s traditional business model, built around mainframe computers and...
