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"Big Blue" IBM (IBM.US) faces setbacks in transformation: mainframe sales plunge 42%! Full-year revenue growth forecast lowered to 4%-5%

"Big Blue" IBM (IBM.US) faces setbacks in transformation: mainframe sales plunge 42%! Full-year revenue growth forecast lowered to 4%-5%

智通财经智通财经2026/07/23 00:06
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According to Zhihu Finance APP, on Wednesday local time, IBM (IBM.US) released its Q2 2026 financial report and lowered its full-year revenue forecast. At the same time, it also downgraded the annual sales growth rate for its software business—which is closely watched by the market—mainly due to a significant decline in demand for its mainframe business.
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