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IBM cuts year revenue forecast

IBM cuts yearly revenue growth forecast as customers prioritize AI infrastructure spending

By Anhata Rooprai July 22 (Reuters) - IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused data-center gear at the expense of its software and mainframe computers.

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IBM cuts year revenue forecast after stock plunges

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IBM Q2 Earnings Call Flags Execution Reset and Lower Growth

International Business Machines Corporation IBM used its second-quarter 2026 earnings call to defend the durability of demand after a late-quarter shortfall forced a lower full-year revenue outlook.

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IBM lowers full-year forecast after earnings warning

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IBM lowered its guidance. Now it’s time to deliver, analysts say.

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IBM cuts 2026 revenue outlook after Q2 earnings miss

IBM's software segment brought in $7.76 billion for the quarter, a 5% year-over-year gain.

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IBM cuts annual revenue growth forecast, days after warning of shift to AI spending

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IBM Q2 2026 earnings call: Live updates on $IBM earnings & outlook

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Why IBM’s CEO isn’t worried about the biggest stock selloff since Black Monday

While other tech giants spend on AI data centers, Big Blue aims to keep selling mainframes and pour profits into quantum computing.

IBM's Krishna tries to reassure investors that AI won't disrupt company's software unit

IBM's CEO highlighted growing mainframe hardware capacity, and said software should "catch back up" within a year.

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IBM trims outlook after earnings miss, but says delayed customer demand is returning

IBM lowered its 2026 revenue outlook after missing Q2 estimates as corporate customers prioritised AI data-centre hardware over software and mainframes.

ZDNet

IBM introduces a mainframe for AI: The LinuxONE Emperor 5

When you think of mainframes, you probably think of spinning tape drives, reams of computer cards, and text-only, green-on-black 3270 terminals. IBM's latest mainframe, the LinuxONE Emperor 5, is not your grandpa's mainframe. Also: AI agent deployments ...

156-year-old bank RBC still runs on mainframes, but it's working with IBM on tech updates that have helped speed up its development process by 30%

RBC still uses mainframes and a 61-year-old programming language called COBOL, but it's now working with IBM to "be faster and be more agile."

SiliconANGLE

Exclusive: The next computer in the cloud could be an IBM mainframe

A small Minneapolis mainframe computer software startup is poised to change the way enterprises use and share data across the cloud. VirtualZ Computing Inc. claims to be the first and only woman-founded and women-led mainframe systems integrator in history.

Computer Weekly

IBM boosts AI mainframe capabilities with Z17

IBM has unveiled its newest mainframe computer, the Z17, which it claims has redefined artificial intelligence (AI) at scale. The next generation of the company’s mainframe system is powered by an IBM Telum II processor, and has been optimised, according ...