Not Dead Yet: IBM?s revenue growth accelerates in Q4
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IBM
Big Blue
FX
Kyndryl
Watson Health
Francisco Partners
Red Hat
itPatrick Moorhead
Moor Insight & Strategies
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Arvind Krishna’s
Ginni Rometty
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Summary
Big Blue reported $16.7 billion in revenue for the quarter, up 6.5% year over year (8.6% on a constant-currency basis; the strengthening dollar is making a number of companies deal with FX fluctuations).The solid results come a quarter after IBM posted far more modest 0.3% growth in the third quarter of 2021, on slightly higher $17.6 billion.
As said here by Ron Miller, Alex Wilhelm