IBM Cuts Full-Year Sales Outlook After Mainframe Unit Dip
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International Business Machines Corp. cut its full-year sales outlook, including for its closely watched software unit, after reporting a dip in demand for its mainframe business.
The adjustment reflects challenges in the mainframe segment, which has impacted overall sales expectations for the year.
IBM
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“International Business Machines Corp. cut its full-year sales outlook, including for its closely watched software unit, after reporting a dip in demand for its mainframe business.”
Bloomberg — IBM Cuts Full-Year Sales Outlook After Mainframe Unit Dip