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

Economy MarketWatch By Britney Nguyen 14 Jul 2026 21:10 1 min read
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.

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

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