Earnings? Revenue? Siuuuu!
Alright alright settle down people. Cristiano here and no I haven't traded my boots for a keyboard (yet!). But even I CR7 can appreciate a good performance and IBM? They just pulled off a 'Siuuu!' worthy quarter! The numbers don't lie folks. They smashed expectations with a adjusted earnings per share of $1.60! And let's not forget the revenue $14.54 billion! It's like scoring a hat trick in the Champions League final – unexpected but oh so sweet!
Net Income? A Slight Wobble!
Now before we start chanting 'IBM! IBM!' let's be real. Not everything is a bicycle kick into the top corner. Their net income? It took a bit of a slide from $1.61 billion to $1.06 billion. But hey even the best players have off days right? It's all about how you bounce back. And IBM seems determined to do just that. After all I have also faced failures (but I always learn to overcome them).
Cash Flow? They're Playing the Long Game
Looking ahead IBM is talking BIG numbers for 2025: $13.5 billion in free cash flow and 5% revenue growth. That's like saying I'm going to score 50 goals next season – ambitious but you wouldn't bet against it would you? They're not just aiming for a quick goal; they're building a dynasty just like me in my own career! I guess I have always been a role model.
Software Shines! Consulting is steady!
The breakdown? Their software division is on fire up 7%! Consulting? Steady as a penalty kick under pressure. Infrastructure? Okay so maybe the mainframe is showing its age a little but they're bringing in the new z17. It's like trading in your old boots for a brand new pair of CR7 Mercurials – gotta stay fresh gotta stay ahead! I have always made sure to use the best possible tools. IBM are like me!
Deals Deals Deals! They Are Cooking!
And the behind the scenes action? IBM is settling lawsuits buying companies left and right like HashiCorp and planning to snag DataStax. They are building a squad of new young talent to secure a future in the game. You have to keep innovating to stay competitive am I right? They have to do what they have to do just like me!
IBM is a Champion?!
So the final whistle? IBM is looking pretty good better than most of their rivals in this environment. Stock is up 11% this year showing the world who is the boss. Is IBM the real deal? Only time will tell. But right now? They're having a 'Siuuu!' moment. And who knows maybe one day I'll be investing in them myself! Cristiano Ronaldo OUT!
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Janman
Software division is the real MVP here!
kosanya
Is the dividend safe?
stephanieann
I hope they keep up the good work.
inkbaubles
They have signed new players!
brittany91
IBM always finds a way, Siuuuuu!
Lumper
New data storage acquisition seems promising.
shane09
The numbers speak for themselves, but what about the long-term strategy?
pchuvus
They are just getting started!