“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.

“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.

“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.

CEO Arvind Krishna writes letter to investors to explain "performance shortfall"

July 14 : IBM said it had "faltered" in keeping pace with a shift in corporate spending from software to data-center infrastructure and forecast second-quarter earnings below…

"In the last few weeks of June, we saw clients shift their quarterly capex spend toward servers, storage, and memory purchases... shortfall in software stack"

IBM stock dropped nearly 20%, erasing $55 billion in market cap after an earnings miss driven by software and infrastructure weakness. What it means for

IBM stock tumbled after the company published its earnings ahead of schedule and acknowledged a "disappointing" quarter.

IBM shares plunged over 20% on Tuesday and the company led a massive market rout after forecasting second-quarter revenue below estimates and signaling...

IBM struggled over the past three months as customers scrambled to get their hands on components that AI datacenters are gobbling up, its CEO said.

IBM stock hits a rough patch: Q2 revenue misses estimates amid shifting enterprise spending. Here’s the impact on the tech market.

CEO Arvind Krishna said in his letter to investors that IBM had underestimated the "magnitude" of clients changing spending habits.

CEO Krishna: Customers blew their Z budgets on servers and storage before prices spike, Q2 financials 'disappointing'

IBM shares plunged more than 23 per cent on Tuesday after the tech giant warned that customers were diverting spending

"This redirection of budgets towards AI has been a topic that Karl Keirstead/team have been articulating as a potential risk for some time..."

IBM stock price crash: IBM shares tumbled on Tuesday after the company indicated that its second-quarter revenue would likely fall short of Wall Street expectations. Based on…

IBM shares dropped 25% at market open after reporting earnings below expectations. Here's what the tech giant's stumble means for crypto investors.

"No nos adaptamos ni nos movimos lo suficientemente rápido", dijo el número uno de IBM.

IBM issued profit warning after weak second quarter, triggering selloff in software sector including Microsoft

La inquietud radica en las preocupaciones de que las inversiones de algunos clientes se están desviando hacia negocios como las memorias, lo que podría retrasar proyectos y…

IBM's second-quarter results missed expectations, impacted by customer spending shifts, triggering one of the worst crashes in its stock. CEO Arvind Krishna said clients…