Monday, October 19, 2020

IBM posts double-digit cloud revenue growth; says customers deferring some projects

International Business Machines Corp edged past Wall Street estimates for quarterly revenue, bolstered by higher demand for its cloud services, a business it is staking its future on as it prepares to spin off one of its legacy units. IBM shares, however, fell 3% after the company stayed away from issuing a forecast for the current quarter. https://ift.tt/35hBBgT

No comments:

Post a Comment

Airbnb launches a pilot in NYC, LA, and other cities that lets users to select from a range of boutique hotels alongside private homes in a bid to boost growth (Stephanie Stacey/Financial Times)

Stephanie Stacey / Financial Times : Airbnb launches a pilot in NYC, LA, and other cities that lets users to select from a range of bouti...