The hottest IBM cloud service has become a new hig

2022-08-01
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IBM: cloud services became a new highlight

ibm's revenue of technology services and cloud platform in the third quarter was US $8.748 billion, an increase of 2.4% over US $8.541 billion in the same period last year; The gross profit margin was 42.0%, lower than 42.2% in the same period last year. The revenue of IBM's system department (including system hardware and operating system software business) in the third quarter was US $1558 million, down 21.0% from US $1973 million in the same period last year; The gross profit margin was 51.1%, down from 55.9% in the same period last year

ibm released Q3 financial statements as of September 30, 2016. According to the financial report, IBM's receivables have declined for 18 consecutive quarters, and its revenue in the third quarter also fell by 0.3%. IBM's share price fell to $150.07 in after hours trading, down 3.04% due to the financial report

revenue fell for 18 consecutive quarters

ibm's third quarter financial report showed that the total revenue was US $19.226 billion, a year-on-year decrease of 0.3%, slightly lower than the US $19.280 billion in the same period last year, which was also the 18th consecutive quarter of decline in IBM's revenue. FactSet survey shows that analysts expect IBM's third quarter revenue to be $19billion on average

ibm's net profit was $2.853 billion, down 3.3% from $2.950 billion in the same period last year. Under this net profit, IB improved the dimensional stability of products, and the diluted earnings per share of M was US $2.98, which was lower than US $302 million in the same period last year, a year-on-year decrease of 1%

ibm's total gross profit margin from continuing operations in the third quarter was 46.9%, down 2.1 percentage points compared with the same period last year. Not in accordance with U.S. GAAP, IBM's total operating gross profit margin from continuing operations in the third quarter was 48.0%, down 2.1 percentage points compared with the same period last year

at the same time, IBM is still in a loss state in the non continuous operation business, but the loss is decreasing compared with the same period last year. The loss from discontinued operations in the third quarter was $1million, compared with $12million in the same period last year

cloud services become a new highlight

ibm's revenue is divided into cognitive solutions, technology services and cloud platforms, global financial services and other business segments

from IBM CEO Ginni rometty's response to the financial report, it can be seen that IBM is increasing its efforts in cognitive solutions and cloud services:

with the double-digit percentage growth of strategic necessity, IBM's third quarter financial report proves our leadership in cognitive solutions and cloud services. Through Watson cognitive computing system and IBM cloud, we combine advanced technology with a large amount of user data to open up a new market

in addition to the traditional business segments of IBM, IBM's financial statements also include a strategic imperatives, which includes cloud and mobile computing, data analysis, social networking and security software, which will become the focus of IBM's development. At present, IBM has positioned itself as a cognitive solution and cloud platform company (a cognitive solution by 2020, solutions cloud platfo will cut into RM company in the niche market)

according to IBM Q3 financial report, the revenue of IBM cognitive Solutions Division (including solution software and transaction processing software business) in the third quarter was US $4.235 billion, an increase of 4.5% over US $4.052 billion in the same period last year; The gross profit margin was 80.4%, down from 84.4% in the same period last year. Among them, it needs to be replaced. The cloud business revenue increased by 74% year-on-year, and the year-on-year increase of 75% is not included in the impact of exchange rate changes; The revenue of solution software increased by 8% year-on-year

ibm's revenue of technology services and cloud platform in the third quarter was $8.748 billion, up 2.4% from $8.541 billion in the same period last year; The gross profit margin was 42.0%, lower than 42.2% in the same period last year. The revenue of IBM's system department (including system hardware and operating system software business) in the third quarter was US $1558 million, down 21.0% from US $1973 million in the same period last year; The gross profit margin was 51.1%, down from 55.9% in the same period last year

ibm's global financing department (including financing and second-hand equipment sales) revenue in the third quarter was US $412million, down 7.9% from US $447million in the same period last year. IBM's other revenue in the third quarter was $81million, up from $60million in the same period last year

ibm shares fell by 3.04% at the close due to the impact of financial reports

on the same day, IBM shares rose $0.32, or 0.21%, to close at $154.77 in regular trading. As of 4 p.m. EST on the 17th, its share price fell to $150.07 in after hours trading, down 3.04%. In the past 52 weeks, IBM's highest price was $165.008 and its lowest price was $116.90

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