IBM Q1 earnings: software revenue up as AI fruits begin to materialize

International Business Machines Corporation (NYSE: IBM) published its Q1 financial outcomes on Wednesday after market close. The company’s revenue came at $14.46, slightly lower than the predicted $14.54 billion, whereas operating earnings per share beat the $1.59 forecast to $1.68. Nonetheless, IBM’s software revenue jumped 5% to $5.90 billion as the tech titan capitalizes on the surging […]