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IBM Stock Slides on Disappointing Software Sales
Today's bear gap has IBM dropping to its lowest levels since mid-May, moving sharply away from its June 25 record high of $296.16. The 150-day moving average looks like it will move in as support for today's pullback, however. Year-to-date, the equity is up 16.5%.
IBM partners say the company's new channel chief faces challenges, ... IBM's software sales, meanwhile, were up 1 percent to $5.8 billion in the most recent quarter.
The tech company’s investments in artificial intelligence are helping it stay agile as customers continue to shift their ...
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IBM Q2 Deep Dive: Software Momentum and AI Adoption Offset Consulting CautionTechnology and consulting giant IBM (NYSE:IBM) reported in Q2 CY2025, with sales up 7.7% year on year to $16.98 billion. On the other hand, next quarter’s revenue guidance of $15.72 billion was less ...
NEW YORK - Microsoft Corp. announced a $500 million marketing initiative Thursday aimed at competing with IBM Corp. for corporate spending on information technology.
IBM ‘Call For Code’ 2020 is challenging applicants to create innovations based on open source technologies to help halt and reverse the impact of climate change.
IBM now looks more promising as it has achieved some sales growth over the last two years. Yet, the competitive environment is still a concern. Therefore, I believe the shares are a Hold.
Global Businesses Services sales fell 13 percent (5 percent adjusted for currency) to $4.2 billion. Signings in the quarter were $9.3 billion, their lowest level since 2003.
IBM's recent Connect 2009 analyst conference provided fascinating insights into one of the company's most valuable assets -- its software group organization. IBM has long been recognized as a ...
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