Channelnomics Original

1+

IBM Earnings Takeaway: Emerging Technologies Are Overtaking Legacy

January 24, 2019

Cloud, analytics, social, and security make up nearly half of Big Blue’s earnings

Despite losing money, IBM surprised Wall Street investors and the tech market a couple of days ago by posting better-than-expected fourth-quarter earnings and a higher-than-expected 2019 forecast. However, the bigger story to come out of the earnings report is that emerging technologies are taking over Big Blue.