IBM Q4 2024 earnings: Strong software growth offsets decline in consulting and infrastructure

Pallavi Madhiraju- January 30, 2025 0

International Business Machines Corporation (IBM) reported its fourth-quarter 2024 earnings, highlighting a strong performance in software revenue and an accelerating artificial intelligence (AI) business, while ... Read More

GlobalFoundries and IBM resolve long-standing legal dispute, signaling new chapter in semiconductor industry

Pallavi Madhiraju- January 3, 2025 0

GlobalFoundries and IBM have officially concluded their protracted legal battle, resolving years of litigation tied to a landmark 2015 semiconductor business agreement. The confidential settlement, ... Read More

IBM reports strong Q4 2023 earnings: Revenue and profit margins surge

Pallavi Madhiraju- January 27, 2024 0

In the fourth quarter of 2023, IBM announced its earnings results, showcasing a notable increase in revenue and profit margins, reflecting the company's robust performance ... Read More

IBM reveals Q3 2023 earnings: Software and consulting sectors shine

Pallavi Madhiraju- October 27, 2023 0

In its latest financial disclosure, IBM (NYSE: IBM) unveiled its third-quarter earnings for 2023 with the technology giant reporting a revenue of $14.8 billion, marking ... Read More

IBM announces $4.6bn acquisition of Apptio to bolster IT automation capabilities

Pallavi Madhiraju- June 26, 2023 0

IBM today announced a definitive agreement to purchase Apptio Inc., a leading company in IT financial and operational management and optimization (FinOps) software, from Vista ... Read More