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IBM's Software and AI Units Drive Growth in Q4 2024

February 05, 2025
International Business Machines Corporation (IBM) reported strong earnings for the fourth quarter of 2024, driven by growth in its software and artificial intelligence (AI) units. The company's revenue from software increased by X% compared to the previous year, exceeding analysts' expectations. This growth can be attributed to IBM's focus on developing innovative software solutions for businesses across industries.
In addition, IBM's AI division also experienced significant growth during the quarter. The company's AI technologies, including Watson, continue to be widely adopted by businesses for various applications such as customer service, data analysis, and cybersecurity. This has contributed to the overall revenue growth of IBM.
Analysts forecast a positive outlook for IBM, expecting continued growth in both software and AI sectors. The company's strong position in the market, coupled with its commitment to innovation, makes it an attractive investment option for those looking for long-term gains.
To stay ahead of the market trends and make informed investment decisions, consider consulting professionals from Stocks Prognosis for their expert analysis and stock forecasts on IBM. Their insights can help investors navigate through the dynamic market landscape and maximize their returns.
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