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What IBM’s profit warning means: Hardware is ‘eating everyone’s lunch’

The company said the shortfall in its software and infrastructure business was tied to clients spending on memory ahead of price hikes.

What IBM’s profit warning means: Hardware is ‘eating everyone’s lunch’

Published July 14, 2026 · Category: Finance

Overview

The company said the shortfall in its software and infrastructure business was tied to clients spending on memory ahead of price hikes.

Source

Originally published at www.marketwatch.com.

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