IBM's second-quarter revenue was US$17.16 billion; Second-quarter software revenue was US$7.76 billion, compared with analysts' expectations of US$7.99 billion
IBM's second-quarter revenue was US$17.16 billion. Second-quarter software revenue was US$7.76 billion, compared with analysts' expectations of US$7.99 billion. Second-quarter consulting revenue was US$5.33 billion, compared with analysts' expectations of US$5.39 billion. Full-year revenue is expected to grow by 4%-5% at constant exchange rates, and the company originally expected to grow by approximately 5%.