Brooks Idlet
Tracked across 1 events · 7 articles · First seen Jul 22, 2026 · Last active Jul 23, 2026
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IBM cut its 2026 annual revenue growth forecast to 4%-5% from over 5%, after missing Q2 profit and revenue expectations. The company attributed the weakness to a shift in corporate spending toward AI-focused data-center gear,…
Impact: Analyst Brooks Idlet commented that IBM's software woes reflect hardware issues, potentially limiting negative impact on other software companies.
Jul 22, 2026 · 7 articles
30
Brooks Idlet commented on software sectorIBM cuts revenue forecast...
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