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IBM Surpasses Q4 Profit Estimates, Software Demand Robust, Shares Soar 10% in Post-Market Trading
2025-01-30 /
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Author：小编
IBM's latest fourth-quarter earnings report has surpassed analysts' expectations, propelled by robust demand within its software division. This positive momentum has fueled a surge of approximately 10% in the company's share price during after-hours trading. The software division has witnessed its most significant revenue growth in five years, primarily due to customers prioritizing investments in cloud infrastructure. Looking ahead, IBM forecasts at least a 5% increase in revenue for fiscal year 2025, underscoring its confidence in its AI and cloud strategies. Currently, IBM's total AI business stands at over $5 billion, marking an increment of roughly $2 billion since the third quarter.
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