Business

IBM Profit Warning Highlights Hardware Spending

Updated 2026-07-14 21:25 UTC 1 source Negative

IBM issued a profit warning, attributing the shortfall in its software and infrastructure business to clients' spending on memory ahead of price hikes.

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MarketWatch
The company said the shortfall in its software and infrastructure business was tied to clients spending on memory ahead of price hikes.
2026-07-14 21:10 UTC
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