IBM beats profit estimates as AI shift boosts software performance ...

3 days ago · IBM shares rise as much as 10% after Q4 profit beat Software segment records biggest growth in 5 years AI book adds $2 billion from Q3, stands at $5 billion inception-to …

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IBM Beats Profit Estimates As AI Shift Boosts Software Performance ...

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3 days ago · IBM shares rise as much as 10% after Q4 profit beat Software segment records biggest growth in 5 years AI book adds $2 billion from Q3, stands at $5 billion inception-to …

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IBM Beats Profit Estimates As Software Business Surges On AI Shift

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IBM's AI Book of Business — a combination of bookings and actual sales across various products — stood at more than $5 billion inception-to-date, up about $2 billion from the third quarter.

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IBM Beats Q4 Earnings Estimates On Solid Cloud & AI Traction

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2 days ago · IBM Beats Q4 Earnings Estimates on Solid Cloud & AI Traction ... The top line exceeded the consensus estimate of $17.51 billion. Gross profit improved to $10.44 billion …

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IBM Shares Jump On Strong Sales Outlook And AI Bookings

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3 days ago · IBM Shares Jump on Strong Sales Outlook and AI Bookings Software business revenue gained 10%, fueled by Red Hat IBM gives a forecast for free cash flow that tops …

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Lam Research Forecasts Quarterly Revenue Above Estimates Amid AI …

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3 days ago · Lam Research posted a second-quarter adjusted profit per share of 91 cents, beating analysts' estimate of 88 cents. The company posted revenue of $4.38 billion for the …

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IBM Beats Profit Estimates As AI Shift Boosts Software Performance ...

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3 days ago · Software sales grew more than 10%. Companies have focused spending on longer-term consulting deals, centered around integrating AI in their businesses, which is yet to be …

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IBM Beats Profit Estimates As Software Business Surges On AI Shift

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3 days ago · IBM beats profit estimates as software business surges on AI shift January 29, 2025 at 04:12 pm EST ... - IT services (32.3%): consulting (management of logistic chains, financial …

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سهم IBM يقفز 12% بعد نتائج أعمال قوية مدعومة بأرباح الذكاء الصناعي

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ارتفعت إيرادات شركة آي بي إم " ibm " الأميركية بنسبة 1% في الربع الأخير من 2024، لتصل إلى 17.6 مليار دولار، بفضل نمو قوي في قطاع البرمجيات وارتفاع الطلب على الحلول المدفوعة بالذكاء الصناعي.

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FAQs about IBM beats profit estimates as AI shift boosts software performance ... Coupon?

Why did IBM beat analysts' estimates for fourth-quarter profit?

IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending, sending its shares soaring about 10% in extended trading. ...

Why did IBM surpass fourth-quarter profit estimates?

IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company's shares soaring about 10% in extended trading. ...

Is Ai helping IBM?

CEO Says AI Is Helping. IBM Stock Rises on Earnings Beat. CEO Says AI Is Helping. For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a share. ...

Is IBM's AI book dominated by consulting?

IBM's AI book is dominated by consulting, which currently makes up about 80% of it. Software constitutes only a fifth. Revenue from the consulting segment fell about 2% to $5.2 billion in the quarter, more than analysts' expectation of an about 1% drop. ...

What is IBM's AI Book of business?

IBM's AI Book of Business — a combination of bookings and actual sales across various products — stood at more than $5 billion inception-to-date, up about $2 billion from the third quarter. The company made its "Granite" family of AI models open-source in May, in contrast to rivals such as Microsoft, which charge for access to their models. ...

Will Microsoft invest $80 billion in artificial intelligence in 2025?

Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company said in a blog post on Friday. ...