5 Things to Know About IBM's Earnings Report

Timothy Green, The Motley Fool
·5 min read
5 Things to Know About IBM's Earnings Report

International Business Machines (NYSE: IBM) didn't disappoint when it announced its first-quarter results on Monday. IBM offers a public cloud platform similar to market leaders Amazon Web Services and Microsoft Azure, but the company's main focus is on hybrid cloud computing. IBM is betting that its base of large customers will benefit from mixing on-premises hardware and public cloud services, instead of simply going all-in on public cloud.