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923 IBM Reports Weak Growth, Says AI is Making Customers Rethink Budgets

The Information
Aaron Holmes @ The Information · 10/24/2024 09:42 EDT

IBM’s revenue grew just 1% to $15 billion in the three months ending in September compared to the year prior, the company said on Thursday. The sluggish growth was primarily due to a slowdown in its consulting business, which makes up more than a third of IBM’s revenue. CFO Jim Kavanaugh ...

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