Why IBM Shares Are on the Rise After Earnings Report

The transcript discusses IBM's growth in consulting and cloud services, highlighting the impact of the Red Hat acquisition. It examines IBM's position in the cloud market compared to competitors like Amazon and Microsoft. The transcript also covers IBM's other initiatives, such as Watson and quantum computing, and their potential impact on revenue. The discussion concludes with IBM's strategic positioning and future prospects in the cloud market.

Discuss the timeline mentioned by IBM CEO Ginni Rometty regarding when quantum computing might start generating revenue.

What factors contribute to the optimism or skepticism surrounding IBM's future in the cloud and quantum computing sectors?