Similar Stories to Ibm Misses Revenue Estimates As Server, Software Sales Slow on Bing News

International Business Machines Corp missed Wall Street estimates for third-quarter revenue as software sales slow down and a boost from the launch of new server products begins to dry up, driving its shares down 4 percent on Tuesday.

BING NEWS:
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    Amazon.com reported quarterly results above Wall Street's expectations on Tuesday, as interest in artificial intelligence helped drive cloud-computing growth. CEO Andy Jassy told analysts that for ...
    04/30/2024 - 4:59 pm | View Link
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    04/30/2024 - 10:08 am | View Link
  • IBM earnings top estimates, acquiring HashiCorp for $6.4B
    IBM (IBM) reported first quarter operating earnings of $1.68 compared to estimates of $1.59. Revenue of $14.46 billion was just shy of expectations of $14.5 billion. The tech giant also announced ...
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  • How IBM Makes Money
    The software segment is IBM's biggest source of revenue and profits. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the ...
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