"Blue Giant" IBM (IBM.US) transformation encounters difficulties: mainframe sales dropped by 42%! Full-year revenue forecast lowered to a growth of 4%-5%
According to the Wisdom Financial APP, on Wednesday local time, IBM (IBM.US) released its Q2 2026 financial report and lowered its full-year revenue expectations. At the same time, it also reduced the annual sales growth forecast for its software business, particularly due to a significant decline in demand for its mainframe business.
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