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IBM results: IBM's quarterly revenue beats estimates on resilient software, strong mainframe

IBM reported third-quarter revenue that slightly exceeded Wall Street expectations, driven by steady demand for its software solutions and a stronger-than-expected mainframe business. Despite operating in a challenging macroeconomic environment, the company reiterated its annual revenue growth and free-cash-flow targets. ....

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ibm results: IBM misses second-quarter revenue estimates as tech spending cools

IT companies have warned of more pain as businesses striving to cut costs in the face of rising inflation snip tech budgets, hurting the industry that saw rapid growth during the COVID-19 pandemic when businesses rushed to adopt hybrid work. ....

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IBM cloud makeover shows results

Earnings report indicates the shift to hybrid cloud computing and AI is working, analysts said ....

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