IBM Revenue Slips for 19th Quarter

IBM Revenue Slips for 19th Quarter

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Business

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Hard

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The transcript discusses IBM's financial challenges, including shrinking revenues and profits over several quarters. It highlights IBM's strategic shift towards high-growth sectors like AI and cloud computing, aiming to increase profitability. Despite significant investments and acquisitions, IBM faces competition in the cloud market, where it ranks third. The discussion also touches on IBM's efforts to maintain shareholder satisfaction and its potential for future growth.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways is IBM investing to improve its market position?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the projected timeline for IBM to see revenue growth according to the discussion?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does IBM face in maintaining its market position?

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