October 26, 2020 Timothy Prickett Morgan
Historically speaking, the Power Systems division, now the Cognitive Systems division officially within IBM, has its worst period of sales in the first quarter of any year and its second worst 13-week revenue run in the third quarter of any year. And true to form, the third quarter of 2020 was not a great one for sales of Power iron, according to our model. That model is derived from IBM’s financial results and other data, and we update it every quarter when Big Blue reports to Wall Street.
Thanks to the fact that the Power9 generation of machines is entering …Read more