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International Business Machines (IBM) Q3 results reflect steady adoption of the company's hybrid cloud business.
Adjusted earnings of $2.52 per share slipped 2.3% year-over-year. The Street had estimated the same to be. Shares of International Business Machines Corporation (IBM) declined 4.3% in Wednesday ...
IBM earnings per share of $3.87 beat the $3.76 average of Wall Street estimates, and revenue of $17.4 billion topped the $17.29 billion forecast for the fourth quarter.
IBM held a conference named World of Watson, centered around its AI products and Watson, a QA computer AI system in Las Vegas, on October 29 – November 2. [2] IBM delivered several speeches related to Watson's capabilities and its possible integration to health and business sectors, which were criticized 2 years later by IEEE Spectrum to be exaggerated.
IBM (IBM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [222] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [223] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
Today's Research Daily features the Q3 earnings season scorecard and new research reports on Apple (AAPL), Abbott (ABT) and IBM (IBM) and others.
Strong demand for hybrid cloud and AI, driving growth in Software and Consulting segments, enable IBM to beat third-quarter 2022 earnings estimates.