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IBM Misses Q2 Targets Amid Client Shifts | Lexington News
IBM’s Q2 earnings missed Wall Street’s mark, sending its stock down 23% in early trading. CEO Arvind Krishna blamed client behavior—buying up hardware ahead of expected price hikes—which hurt software and infrastructure revenue. Cybersecurity concerns and delayed big deals also contributed to the shortfall. The core problem? A timing mismatch as clients reallocated budgets, exposing how quickly market shifts can derail even tech giants. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level…
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