A Proper Accounting Of The Power Business
October 25, 2021 Timothy Prickett Morgan
Big Blue might be preparing for the spinout of its Kyndryl managed services company, now slated for early November, and its new financial presentations, which we reviewed two weeks ago, but that task is not yet done and until it is we are still getting the same financial view of IBM in the third quarter of 2021 ended in June. It was not a particularly memorable quarter when it came to IBM Systems group.
But it is looking like IBM is going to be able to pad a better 2022, with Kyndryl taking on a huge amount of software …Read more