IBM Sales Slump for Fifth Straight Quarter
“The company’s cloud business hasn’t been able to make up for declining sales in its services, hardware, and financing businesses."
IBM Posts First Annual Revenue Gain in 7 Years
The 2018 revenue growth reflected "growing demand for our services and leadership solutions in hybrid cloud, AI, analytics, and security."
Brand Risk Soars in Today’s Social & Political Climate
Companies walk a fine line trying to protect brand value amid a starkly divided society.
‘Strategic Imperatives’ Drive IBM’s Q2 Growth
"We've done the work to reposition our company. We are seeing our investments ... now paying off," CFO James Kavanaugh says.
IBM Beats Q1 Estimates But Stock Dives 5.7%
“In a nutshell, patience is wearing thin on the Street around the IBM turnaround story, which continues to be elusive,” one analyst says.
James Kavanaugh Named IBM Finance Chief
The 22-year company veteran replaces Martin Schroeter, who becomes senior vice president of global markets.
IBM Stock up 5% on Renewed Turnaround Hopes
In Q3, Big Blue almost ended its long drought in revenue growth and beat analysts' estimates on revenue across all its main business segments.
IBM Shares Sink on Unexpected Revenue Drop
Investors express their impatience with the pace of IBM's turnaround effort by sending its shares down nearly 5% to $161.84.
IBM Beats Estimates But Sales Drop Again
If the "strategic imperatives" IBM is betting on were really working, "the company's growth rate should be improving," one analyst says.
Third Quarter Brings Little Relief for IBM Shareholders
The company's shift from its legacy businesses to cloud computing continues to be painful as sales drop a greater-than-expected 14%.
Sales Drop at IBM for 13th Straight Quarter
IBM's strong growth in cloud computing was offset by sharp declines in its legacy software and systems hardware businesses.