IBM Earnings: Revenue Beats Expectation As Shift To Cloud Takes Center Stage
International Business Machine (NYSE:IBM) reported its Q2 2016 results on Monday, July 19th, and the results were better than our expectations. The company continued to report growth in strategic imperatives, which now contributes 38% to IBM’s revenues. The summary of results is as follows:
Have more questions about IBM? See the links below.
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- Why Did IBM’s Software Revenue Decline In 2015?
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1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for IBM