US · 1 sources covering this

IBM CEO in letter to investors: What played out was worse than our expectations

IBM shares experienced a substantial historical drop this week. This significant decline followed weaker-than-expected second-quarter financial results. Large deals failed to close, and customers shifted spending priorities. IBM CEO Arvind Krishna acknowledged the company faltered in adapting to market changes. Despite challenges, IBM highlighted strengths in software and consulting growth.

Share:WhatsApp X Reddit Facebook LinkedIn

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Times of IndiaLean R·4h ago
IBM CEO in letter to investors: What played out was worse than our expectations
IBM shares experienced a substantial historical drop this week. This significant decline followed weaker-than-expected second-quarter financial results. Large deals failed to close, and customers shifted spending priorities. IBM CEO Arvind Krishna acknowledged the company faltered in adapting to market changes. Despite challenges, IBM highlighted strengths in software and consulting growth.
Read at Times of India →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/c34f7e0fef6066fca61cffbc7d2b22e5f1b5e811"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="IBM CEO in letter to investors: What played out was worse than our expectations"></iframe>

IBM CEO in letter to investors: What played out was worse than our expectations

How 1 sources are covering this

IBM CEO in letter to investors: What played out was worse than our expectations

More from US

NITI Aayog proposes ₹50,000 crore fund to make India global biotech power

Karnataka High Court permits BDA to invite applications for sites in Shivarama Karanth layout

PM Modi speaks to Qatar Emir, pays tribute to his late father Sheikh Hamad

PM Modi speaks to Qatar Emir, pays tribute to his late father Sheikh Hamad

Reader

Trust & legal

Across the network