YahooOctober 9, 2026 at 9:29 AM NY18 Days Ago
IBM (IBM) Saw Mainframes Fall 42%. Is That Already Priced In at 18 Times Earnings?
Two halves of the same company just moved in opposite directions. International Business Machines (NYSE:IBM) saw its IBM Z mainframe line fall 42% in fiscal Q2 2026, while distributed infrastructure, which covers Power and Storage, jumped 37%. Total revenue rose only 1% to $17.2 billion, and management updated its full-year outlook to 4% to 5% […]
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