#mainframe Tech News.
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AIThe Informationabout 2 hours ago
IBM Cuts Revenue Forecast After Mainframe DropIBM lowered its full-year revenue growth target to four to five percent after mainframe Z system sales fell 42 percent in the second quarter. The company also trimmed its software unit guidance to six to eight percent growth. CFO Jim Kavanaugh attributed the reduction entirely to weakness in the infrastructure unit and associated software.
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