People are impatient for Intel to get fixed, and have been for many years. Weird deal after weird deal keeps coming out of ...
Mainframes continue to be used in sectors including banking, insurance, retail, and government. “For large financial services organizations that must process millions of transactions per second, … the ...
Sign Up For Free » IBM has leaned into high-margin software while using its consulting business to help drive adoption. Its hybrid cloud and AI software platforms are at the center of the company's ...
IBM exceeded earnings per share (EPS) expectations with $3.92 against a forecast of $3.80. Revenue came in slightly below expectations at $17.6 billion versus $17.62 billion forecasted. The company's ...
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International Business Machines Corporation (NYSE:IBM) Q4 2024 Earnings Call TranscriptWithin Hybrid Infrastructure, IBM Z revenue is down 20% in the quarter. This is the 11th quarter of z16 availability and the combination of resiliency, reliability, and security continues to ...
As a reminder, IBM's second quarter is seasonally a strong one, and this was combined with the launch of a new mainframe cycle, with the z16, a combination that IBM hasn't benefited from in 20 years.
IBM Corp. met analysts’ revenue estimates in ... reflecting the approaching end-of-life of the z16 mainframe, whose sales were down 20%. The z17 successor is expected to launch mid-year.
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