Earnings Results: IBM posts biggest annual sales increase in more than a decade, announces layoffs


International Business Machines Corp. increased revenue more than 6% in 2022, the biggest sales increase for Big Blue in more than a decade, but its stock fell in extended trading Wednesday.

Chief Executive Arvind Krishna said on IBM’s IBM earnings call that the company saw “revenue growth across segments and geographies,” and attributed that to the strength of the company’s hybrid cloud and artificial-intelligence strategy.


: Why is the U.S. sending Abrams tanks to Ukraine, and why is it signifcant?

Previous article

Your Digital Self: Bitcoin and crypto are moving past FTX’s collapse, but the road back will be rough

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in News