{"id":245656,"date":"2025-10-23T08:50:11","date_gmt":"2025-10-23T08:50:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/245656\/"},"modified":"2025-10-23T08:50:11","modified_gmt":"2025-10-23T08:50:11","slug":"ibm-falls-on-lukewarm-growth-for-red-hat-software-business","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/245656\/","title":{"rendered":"IBM Falls on Lukewarm Growth for Red Hat Software Business"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/IBM:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">International Business Machines Corp.<\/a> reported disappointing revenue in two key software categories, including its closely watched Red Hat unit, sparking concerns among investors who see those businesses as essential to the company\u2019s growth.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Third-quarter sales in the hybrid cloud unit that includes Red Hat increased 14%, a slowdown from the previous period and below analysts\u2019 average estimate of 16%. Transaction processing software, which handles commercial data largely on mainframes made by IBM, declined 1%. <\/p>\n","protected":false},"excerpt":{"rendered":"International Business Machines Corp. reported disappointing revenue in two key software categories, including its closely watched Red Hat&hellip;\n","protected":false},"author":2,"featured_media":245657,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[181,72795,28,4591,11637,4589,937,8084,27245,134468,7271,74],"class_list":["post-245656","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-artificial-intelligence","tag-arvind-krishna","tag-business","tag-cash-flow","tag-chief-executive-officer","tag-chief-financial-officer","tag-currency","tag-earnings","tag-intl-business-machines-corp","tag-jim-kavanaugh","tag-software","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/245656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=245656"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/245656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/245657"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=245656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=245656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=245656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}