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 ...

IBM IBM1.65%increase; up pointing triangle warned investors on Wednesday that its full-year revenue growth will be lower than it had previously forecast, one week after suffering its worst single-day ...

Mainframes continue to underpin a vast share of the global economy, handling roughly 70% of the world’s core transactions. The idea that AI-powered code translation will enable enterprises to ...

Software and consulting were IBM’s dominant segments, generating more than three-quarters of the company’s Q2 revenues, which grew 1% year over year to $17.2 billion. Yet, the resilient mainframe ...