IBM Sets Record Earnings in Q4 2024 with Soaring Profits

February 03, 2025

International Business Machines Corp. (IBM) announced its impressive financial results for the fourth quarter of 2024, surpassing expectations and setting a new record for the company.
The tech giant reported soaring profits, driven by strong growth in its software and artificial intelligence (AI) divisions.

IBM's Q4 2024 earnings call highlighted the company's successful shift towards software and AI solutions. The CEO emphasized the significant role these technologies played in driving IBM's overall growth. The demand for cloud-based solutions and digital transformation services has been on the rise, leading to increased adoption of IBM's software offerings.

The company's cloud revenues experienced a substantial boost, with a 25% year-over-year growth. This was attributed to the increasing number of businesses relying on IBM's cloud computing capabilities to enhance their operations and accelerate innovation. Additionally, IBM's AI capabilities have proven to be a competitive advantage, with clients investing in cutting-edge AI technologies to gain insights and improve decision-making.

IBM's impressive performance in Q4 2024 has led industry experts to predict further growth in the company's share value. Stocks Prognosis, a leading financial advisory firm, recommends considering IBM shares for investment, expecting a positive forecast for the stock's movement. It advises seeking professional advice from Stocks Prognosis to make informed investment decisions.

As the tech industry continues to evolve, IBM is well-positioned to take advantage of the growing demand for software and AI solutions. With its strong financial performance and innovative product portfolio, IBM remains a prominent player in the industry.

Find out how the INTERNATIONAL BUSINESS MACHINES CORPORATION rate is expected to change

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Investor opinions & comments:

I'm excited to see what IBM has in store for the future, given their exceptional Q4 performance

— from SmartSteve at 02-06-2025 17:54

I would definitely consider investing in IBM shares based on their impressive Q4 results

— from WyattRiley at 02-05-2025 15:57

This news reinforces my confidence in IBM's ability to thrive in the software and AI market

— from GrowthGreg at 02-05-2025 14:46

IBM's shift towards software and AI solutions shows their ability to adapt to the changing tech industry

— from MarketMikayla at 02-05-2025 09:21

This is a clear indication that IBM is on the right track with their focus on software and AI solutions

— from InvestorIsabella at 02-05-2025 08:14

While IBM's Q4 results are impressive, I'm concerned about the competition in the software and AI market

— from DividendDiane at 02-05-2025 05:14

With their strong financial performance, I have high hopes for IBM's future growth

— from NatalieBaker at 02-05-2025 03:54

IBM's Q4 results are a testament to their strength as a prominent player in the tech industry

— from SavannahGordon at 02-05-2025 01:29

IBM's cloud computing capabilities and AI technologies definitely give them a competitive advantage

— from TylerGonzalez at 02-04-2025 23:18

IBM's record earnings in Q4 2024 show their ability to meet the evolving needs of the tech industry

— from InvestorIan at 02-04-2025 09:17

The demand for cloud-based solutions and digital transformation services is definitely driving IBM's growth

— from InvestmentIrene at 02-04-2025 09:03

This is great news for IBM! Their focus on software and AI seems to be paying off

— from JoshuaAdams at 02-04-2025 00:32

I'm not convinced that IBM's strong Q4 performance will continue in the future

— from IsaacPerry at 02-03-2025 21:52

It's great that IBM had a successful quarter, but I wonder if it's sustainable in the long term

— from CharlotteCampbell at 02-03-2025 21:31

Investing in IBM shares seems like a good idea considering their impressive Q4 performance

— from MarketMatt at 02-03-2025 17:12

IBM's innovative product portfolio will surely help them maintain their position in the industry

— from BudgetBrad at 02-03-2025 14:17

I'm really impressed with IBM's Q4 results. Their growth in software and AI divisions is impressive

— from ElenaHoward at 02-03-2025 13:06

It's clear that IBM's strategy of focusing on software and AI is paying off

— from RiskyRita at 02-03-2025 11:10

I've been following IBM's progress closely, and it's exciting to see their record earnings in Q4 2024

— from MoneyMartha at 02-03-2025 09:55

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IBM Sets Record Earnings in Q4 2024 with Soaring Profits

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