AI infrastructure buying shift among customers impacted z17 performance in Q2, but the Big Iron remains a critical AI platform, IBM says. Revenue from IBM’s z mainframe portfolio sunk 42% in the ...
On Wednesday, IBM officially reported earnings and the news was as bad as everyone knew it would be. While the 115-year-old company still generates boatloads of cash — $17.2 billion in revenue, $9.9 ...
IBM lowered its revenue growth forecast to four to five percent after mainframe Z system sales fell 42 percent in the second quarter IBM cut its full-year sales outlook on Wednesday after reporting a ...
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