智通财经APP获悉，头顶人工智能与量子计算这两大最前沿科技光环的美国老牌科技巨头IBM(IBM.US)，最新公布的业绩令无疑投资者们感到失望。乘着 史无前例的AI与量子热潮的IBM自2024年以来股价暴涨，今年迄今涨幅超30%大幅跑赢标普500指数且股价屡创新高，这也意味着市场对于IBM业绩预期 在不断上调，且IBM需要交出一份比预期强劲得多的业绩才能够维系股价强劲涨势。 然而，在7月24日晨间公布的第二季度业绩显示，有着"蓝色巨人"称号IBM的核心业务——软件与咨询业务部门业绩低迷，大幅削弱市场看涨热情，公布 业绩后股价盘后一度暴跌超6%。IBM盘后遭遇抛售，也凸显出投资者们对于人工智能与量子计算、常温超导、可控核聚变等最前沿科技的狂热看涨情 绪，如果得不到业绩增长层面的回应，将导致估值面临剧烈下行压力。 有着百年历史的老牌科技巨头IBM备受关注的软件业务部门销售额意外逊于市场预期，令对于IBM业绩增长前景日益看好的投资者们倍感失望。财报数据 显示，IBM第二季度软件部门销售额同比增长10%，至73.9 亿美元，略低于华尔街分析师平均预期的74.9亿美元。该公司另一大支柱业务——咨询业务， 此前季度的增速已 ...

IBM (IBM) Q2 2025 Earnings Call July 23, 2025 05:00 PM ET Company ParticipantsOlympia McNerney - Global Head - IRArvind Krishna - Chairman , President & CEOJames Kavanaugh - SVP & CFOAmit Daryanani - Senior MD - Equity ResearchBen Reitzes - MD & Head - Technology ResearchErik Woodring - Managing Director - Equity ResearchBrian Essex - Executive DirectorMatthew Swanson - Director - Equity ResearchConference Call ParticipantsWamsi Mohan - Senior Equity Research AnalystJim Schneider - Senior Equity AnalystOper ...

IBM (IBM) Q2 2025 Earnings Call July 23, 2025 05:00 PM ET Speaker0Welcome and thank you for standing by. At this time, all participants are in a listen only mode. Today's conference is being recorded. If you have any objections, you may disconnect at this time. Now, I will turn the meeting over to Olympia McNurney, IBM's Global Head of Investor Relations.Olympia, you may begin.Speaker1Thank you. I'd like to welcome you to IBM's second quarter twenty twenty five earnings presentation. I'm Olympia McNerney, a ...

Core Insights - IBM plans to invest $150 billion in America over the next five years to enhance its role in global computing and stimulate the economy [1] - The investment includes over $30 billion dedicated to research and development for mainframe and quantum computer manufacturing in the U.S. [1] - IBM emphasizes its commitment to American jobs and manufacturing, aiming to maintain its leadership in advanced computing and AI capabilities [1] Investment and Economic Impact - The investment is expected to create new economic opportunities in the U.S. and globally, reinforcing IBM's commitment to innovation [4] - IBM's mainframes, manufactured in Poughkeepsie, New York, handle over 70% of the world's transactions by value, highlighting their critical role in the economy [2] Quantum Computing Initiatives - IBM operates the world's largest fleet of quantum computer systems, with plans to continue designing and assembling these systems in America [3] - Quantum computing is identified as a significant technological shift that will address problems beyond the capabilities of conventional computers, enhancing American competitiveness and national security [3] - IBM's Quantum Network provides access to quantum systems for nearly 300 Fortune 500 companies and has over 600,000 active users [3]

While International Business Machines (IBM -2.19%) generates most of its revenue from software and consulting services, the company's hardware business is still an important piece of the puzzle. IBM's mainframe systems, known for their extreme reliability, remain a workhorse in certain industries. Of the world's 50 top banks, 43 use IBM's mainframes to handle mission-critical workloads. Every two to three years, IBM refreshes its mainframe lineup with a new model that brings improved performance and expande ...

Core Insights - IBM z17 is designed to redefine AI at scale, enabling enterprises to process 100% of their transactions in real-time and handle 50% more AI inference operations per day compared to its predecessor, z16 [1][12] - The system supports over 250 AI use cases across various industries, enhancing business value through applications like loan risk mitigation and medical image analysis [1][2] Product Development - The IBM z17 is the result of five years of design and development, with over 300 patent applications filed and input from more than 100 clients [2] - It introduces multi-model AI capabilities, enhanced security features, and tools for improved system usability and management [2][3] AI Integration - The z17 integrates AI into the core of enterprise operations, providing the necessary software, processing power, and storage to operationalize AI quickly [3] - It features a second-generation on-chip AI accelerator, capable of performing over 450 billion inferencing operations daily with a response time of one millisecond [4][12] Future Enhancements - The IBM Spyre™ Accelerator, expected in Q4 2025, will further enhance AI compute capabilities, particularly for generative AI applications [4][6] - z/OS 3.2, the next version of IBM's operating system, will support hardware-accelerated AI capabilities and modern data access methods, set to release in Q3 2025 [5] Operational Efficiency - IBM Z Operations Unite will streamline operations by consolidating performance metrics and logs, enhancing anomaly detection and incident resolution [5] - The integration of AI assistants and agents aims to improve developer and IT operations efficiency [4][6] Security Features - IBM z17 enhances security and resiliency, incorporating AI-driven processes for incident remediation and case resolution [7][11] - New capabilities for discovering and classifying sensitive data will utilize natural language processing to protect mission-critical data [11] Storage Solutions - The 10th Generation IBM Storage DS8000 is designed to work seamlessly with IBM z17, providing optimized data performance and modular architecture for business growth [8] Availability - IBM z17 is set to be generally available on June 18, 2025, with the IBM Spyre™ Accelerator expected in Q4 2025 [9]