IBM Earnings Preview: 5 Things To Know
Wade Tyler Millward
Analysts will likely ask IBM Chairman and CEO Arvind Krishna for more details on how the tech giant seeks to differentiate itself in a competitive landscape.
Possible acquisitions, how IBM is investing in innovation, and customer spending habits in an economy potentially headed for a recession are some of the likely subjects to come up during IBM’s fourth fiscal quarter earnings report Tuesday.
The quarter covers the three months ended Dec. 31.
Armonk, N.Y.- based IBM is reporting its earnings during a period of mass layoffs across the tech sector.
[RELATED: IBM Introduces Partner Plus Program, Replacing PartnerWorld]
IBM Q4 Earnings Need To Know
Microsoft, Sophos, 8x8, Citrix and Salesforce are among the vendors to announce cuts in recent days, placing the blame on slowing spending by customers watching inflation and interest rates rise plus hiring too many people to keep up with customer demand for remote work and digital transformation amid the pandemic.
Likely on analysts’ minds during IBM’s earnings call is how a slowing economy will affect the tech giant.
In this earnings preview, CRN also looks at:
* Are Partner Investments Paying Off?
* IBM’s Innovation Investments
* Acquisition Updates
* Two Analysts Raised Expectations For IBM
* Lowered Expectations From Morgan Stanley
Here’s what you need to know.