IBM reported $16.33 billion in revenue for the quarter, up 9 percent year over year (up 7 percent in current currency) from ...
One reason IBM (NYSE: IBM) suffered a revenue decline in the first quarter was slumping demand for its mainframe computers. Revenue from mainframes tumbled 38% year over year, dragging sales in the ...
IBM is a "direct beneficiary" of hyperscaler investment in AI infrastructure, according to CFO Jim Kavanaugh.
Infrastructure is expected to drive 1.5 percentage points of revenue growth in 2025 for IBM. IBM boosted its outlook thanks ...
Mainframes and AI? Isn't that something like a Model-T Ford with a Tesla motor? Actually, no. Mainframes are as relevant in 2022 as they were in the 1960s. IBM's new IBM z16, with its integrated ...
For months, IBM (IBM) has been unhappy with French company TurboHercules SAS, because the latter has tried to develop an open source emulation of IBM mainframe systems. Moreover, TurboHercules is one ...
IBM beat Wall Street estimates for third-quarter revenue and profit on Wednesday, driven by booming demand for its software ...
For two decades, people in tech circles have been saying that the mainframe is on its way out, or that it's dead altogether. Funny thing about that -- someone forgot to tell IBM. Just look at IBM's ...
IBM on Wednesday recorded a slowdown in growth in its key cloud software segment, overshadowing booming AI-driven demand for ...
Still saving up for your own mainframe computer? IBM says it will offer Linux supporters the next best thing starting this week: free access to one of the computing giant's powerful mainframe sytems.
A complaint alleging that IBM has abused its position in the European mainframe market was filed with the European Commission on Tuesday. The complaint from T3, a small US supplier of mainframes, said ...
In this assessment, we analyze IBM’s Q3 results and consider whether the stock's drop creates an opportunity or signifies ...
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