IBM Earnings Preview: It’s All About Red Hat (Or Secular Decline) Now
IBM Earnings Preview: It's All About Red Hat (Or Secular Decline) Now 1IBM’s dramatic underperformance versus the S&P 500 should give investors a reason to keep an eye on the stock. Red Hat represents an entry into hybrid cloud for IBM and even Amazon has taken notice of the hybrid cloud, given that IBM is chasing the $1.2 trillion cloud opportunity (per Morningstar). IBM’s lack of revenue growth is startling.
News story posted on 2020-01-21T08:15:00.0000000Z