IBM beat expectations for quarterly revenue on Monday, but warned that the hit from the currency market – due to a stronger dollar – for the year could be about $3.5 billion, Reuters reported. The stance of the US Federal Reserve (Fed) and heightened geopolitical tensions have driven the dollar higher over the past year, […]
Tag: IBM
IBM and SAP strengthen their cooperation
IBM joins forces with SAP, providing technology and consulting expertise to make it easier for customers to embrace the hybrid cloud approach and deliver critical workloads from SAP® cloud solutions to industries with or without extensive regulation , as the company states in a relevant announcement. As customers seek out hybrid cloud strategies, moving workloads […]
IBM and Samsung Announce Breakthrough Semiconductor Technology
IBM and Samsung Electronics have jointly announced a breakthrough in semiconductor technology based on a new vertical transistor architecture that paves the way for scalability beyond the nanoscale and has the potential to significantly reduce power consumption when compared to FinFETs. Moore’s Law, according to which the number of transistors in microcircuits approximately doubles every […]
An ‘inflationary chaos’ in the future scares the CEO of IBM
IBM CEO Arvind Krishna said he was “always worried” about inflation and “sounded the bell” for possible upheaval in the future. “The fact that things are fluid and fears that inflation will rise further can cause some chaos,” Krishna told CNBC on Monday when asked “what keeps him awake at night.” The technology giant’s leader […]
IBM report published for the third quarter of 2021
_large.jpg "IBM report published for the third quarter of 2021")
IBM has published a report for the past quarter. Revenue for the reporting period was $ 17.6 billion. This figure is approximately equal to the figure for the third quarter of 2020. To be more precise, there is a slight increase of 0.3%, which turns into a 0.2% decline when you take into account the […]
IBM Telum Processor Will Fight Real-Time Fraud
IBM introduced the Telum processor. This is a highly unusual AI-powered security solution. IBM itself speaks of the new solution as a processor to accelerate artificial intelligence. And it’s built for deep learning in enterprise workloads to address fraud issues in real time. Telum replaces the IBM z15 and will be the central processing unit […]
$ 1,500 for a computer with 16KB of memory and a 4.7MHz processor. The IBM 5150, the world’s first personal computer, was released 40 years ago.
The desktop and mobile computing industry would never have been the way it is today if IBM hadn’t released the first personal PC. It happened 40 years ago – on August 12, 1981. The first personal computer in history was the IBM 5150. The mass of the “unit” (and you can’t put it another way) […]
IBM has the world’s first 2-nanometer chip technology
IBM today announced a breakthrough in semiconductor design and manufacturing, unveiling the world’s first microcircuit using 2nm nanosheet technology. Demand for improved performance and energy efficiency continues to grow, driven by the development of hybrid cloud, artificial intelligence and the Internet of Things. The technology created by IBM will help the semiconductor industry move forward […]
IBM reported for 2020 – revenue decreased by 5%, net profit – by 42%
IBM has released a report for the fourth quarter of fiscal 2020 and for the full year. During the quarter, it generated $ 20.4 billion in revenue. In annual terms, this indicator decreased by 6% (even by 8%, adjusted for changes in exchange rates and sold businesses). The authors of the report note that cloud […]
IBM Shares Plunge As Revenue Declines For Another Quarter
IBM earnings top Wall Street estimates yet revenue declines for a straight fourth quarter with Red Hat driving most revenues. As the company steers into new segments led by mergers & acquisitions, it expects to focus more on its new strategy after spinning off its legacy managed infrastructure services division.