IBM earns 26% more in the first quarter

Company based in Armonk (New York, USA) f$14,252 million was disposed of between January and March, up just 0.4% than a year ago, but their margins have improved and Their expenses are down about 4%.

Although IBM’s revenue was somewhat lower than expected, its accounts are better than expected in the markets and at this time. Its shares were up more than 3% in after-hours trading on Wall StreetThey ended the day down by 1.14%.

In a statement echoed by Efe Agency President and CEO, he said, Arvind Krishna.

by slides, IBM paid $5,900 million for the softwarewith the growth of important businesses such as the cloud; While its advisory services got $5,000 million and infrastructure $3,100 million.

for the rest of the year, The company expects its sales to grow between 3 and 5%. in fixed currencies, and remain constant if current exchange rates are taken into account.