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Friday, 24 March2023

Based on Strong Cloud Momentum, IBM Anticipates Exceeding its Annual Sales Target

Based on Strong Cloud Momentum, IBM Anticipates Exceeding its Annual Sales Target

<p>IBM Corp surpassed analysts&#39; expectations for its quarterly earnings and stated that it anticipates exceeding full-year revenue growth forecasts as strong demand for the company&#39;s digital services helps to mitigate the negative effects of a strong currency. After spinning off its legacy IT-managed infrastructure business, the IT software and services provider has been concentrating on the so-called &quot;hybrid cloud.&quot;</p>

Read full story at Reuters
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