Cloud Stocks: IBM's Presses into Quantum Computing
IBM (NYSE: IBM) recently announced mixed results for its first-quarter. The company continues to grow through partnerships. It is now making bigger inroads into the world of quantum computing. IBM's Financials Revenues for the first quarter grew 4.4% to $14.3 billion, falling short of the Street's estimates of $14.35 billion. Adjusted earnings of $1.36 a share was ahead of the $1.26 that the market had estimated. By segment, revenues from Software that includes Hybrid Platform & Solutions and Transaction Processing grew 5.6% to $5.9 billion. Revenue from Consulting including Busi...
Source: sramanamitra.com
