IBM Raises Annual Software Revenue Outlook as Deal Delays Ease
IBM finance chief James Kavanaugh said delayed software deals were beginning to close. The company also reported better-than-expected third-quarter earnings.
IBM finance chief James Kavanaugh said Wednesday that software deals delayed in the previous quarter were starting to close, after unsettling investors. The company also raised its outlook for the business and reported third-quarter earnings that exceeded expectations. Kavanaugh made the comments in an interview with…