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IBM cuts year revenue forecast

IBM cuts yearly revenue growth forecast as customers prioritize AI infrastructure spending

By Anhata Rooprai July 22 (Reuters) - IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers.

· 7h · on MSN

IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spending

· 18h · on MSN

IBM shares spike on full-year revenue growth forecast

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IBM Q2 2026 earnings call: Live updates on $IBM earnings & outlook

IBM reported Q2 earnings after the bell, lowering full-year guidance.

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IBM Faces Its Biggest Earnings Test Yet After a Historic Stock Drop

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IBM just cut its outlook, but not by as much as investors feared

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IBM's outlook sees positive reactions from analysts after Q2 results

"Results were relatively in-line with our revised forecast post-preannouncement, with better than expected guidance for the full year, but IBM now needs to execute to build investor confidence in the ...

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IBM cuts outlook as software and mainframe weakness weighs on results

The Next Web · 17h

IBM cuts full-year sales outlook after mainframe demand drops 42 percent in Q2

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IBM trims outlook after earnings miss, but says delayed customer demand is returning

IBM lowered its 2026 revenue outlook after missing Q2 estimates as corporate customers prioritised AI data-centre hardware over software and mainframes.

NDTV Profit on MSN

IBM Slashes Full-Year Sales Outlook As Mainframe Demand Drops

Many on Wall Street anticipated that IBM would cut its outlook after the company reported preliminary earnings last week that showed weak sales for its infrastructure and associated software.

SiliconANGLE

Exclusive: The next computer in the cloud could be an IBM mainframe

A small Minneapolis mainframe computer software startup is poised to change the way enterprises use and share data across the cloud. VirtualZ Computing Inc. claims to be the first and only woman-founded and women-led mainframe systems integrator in history.

ZDNet

IBM introduces a mainframe for AI: The LinuxONE Emperor 5

When you think of mainframes, you probably think of spinning tape drives, reams of computer cards, and text-only, green-on-black 3270 terminals. IBM's latest mainframe, the LinuxONE Emperor 5, is not your grandpa's mainframe. Also: AI agent deployments ...

156-year-old bank RBC still runs on mainframes, but it's working with IBM on tech updates that have helped speed up its development process by 30%

RBC still uses mainframes and a 61-year-old programming language called COBOL, but it's now working with IBM to "be faster and be more agile."

Computer Weekly

IBM boosts AI mainframe capabilities with Z17

IBM has unveiled its newest mainframe computer, the Z17, which it claims has redefined artificial intelligence (AI) at scale. The next generation of the company’s mainframe system is powered by an IBM Telum II processor, and has been optimised, according ...