Top
image: ict-news

IBM’s cloud, cybersecurity and data analytics business rose 11 percent to $8.8 billion in the quarter

December 1, 2017

Category:

IBM shares surged 5 percent on Wednesday after the world’s first big computing company beat expectations on third-quarter revenue and gave an outlook that hinted it was back on a growth track after six years in retreat.

There was no initial sign of changes to major brokerage trading recommendations or price targets for International Business Machines Inc and most shied away from calling a complete turnaround in the company’s fortunes.

Read More on Cloud Tweaks