IBM announces satisfactory financial results in 2023 earnings call

Today, iconic computing company IBM announced its fourth quarter and year-end 2023 financial results.IBM’s revenue increased, as did its profits, both year-on-year and quarter-on-quarter. Ahead of the announcement, expectations from the market reflected the assumption that IBM would continue to focus on its software in order to better position it for a coming AI cash cow, which is not yet bearing fruit.Great expectations? Copy link to sectionThe reported results were broadly in line with market expectations ...