NYSE:IBMIT
Is IBM (IBM) Cheap Following Weak Q2 Earnings And Lower Revenue Guidance?
International Business Machines (IBM) has been hit by weaker consulting and hardware sales in its preliminary second quarter, prompting lower full year revenue guidance and renewed scrutiny of how its quantum ambitions relate to the stock.
See our latest analysis for International Business Machines.
Against this backdrop of softer consulting and hardware trends, IBM's share price has fallen 21.9% over the past month and is down 23.3% year to date. However, the 3 year total shareholder return...