IBM returns to sales growth on cloud strength

By on
IBM returns to sales growth on cloud strength

After a year of declines.

IBM returned to sales growth in the first quarter after a year of declines and beat Wall Street targets, boosted by its bets in the high-margin cloud computing business. Finance chief James Kavanaugh said cloud spending by clients in retail, manufacturing and travel industries in the United ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cloud growth ibm margin quarterly return sales

Sponsored Whitepapers

Customer Identity and Access Management for Dummies
Customer Identity and Access Management for Dummies
Transform your data centre with Oracle Dedicated Region
Transform your data centre with Oracle Dedicated Region
Empowering workforces in the new environment
Empowering workforces in the new environment
Is the technology refresh dead?
Is the technology refresh dead?
DevSecOps: A framework for digital innovation
DevSecOps: A framework for digital innovation

Events

Most Read Articles

Microsoft Outlook hit by worldwide 'email visibility issues'

Microsoft Outlook hit by worldwide 'email visibility issues'
Salesforce cloud services go down worldwide

Salesforce cloud services go down worldwide
Service NSW told to tighten access controls after system misuse

Service NSW told to tighten access controls after system misuse
All the tech in the 2021 federal budget

All the tech in the 2021 federal budget

Log In

Email:
Password:
  |  Forgot your password?