{"slug": "ibm-cuts-outlook-as-software-and-mainframe-weakness-weighs-on-results", "title": "IBM cuts outlook as software and mainframe weakness weighs on results", "summary": "IBM Corp. reported financial results that missed estimates on both revenue and profit and lowered its full-year revenue forecast, blaming customers shifting spending from mainframes and software to artificial intelligence infrastructure. The company's disappointing preliminary earnings forecast shocked investors a week earlier.", "body_md": "# IBM cuts outlook as software and mainframe weakness weighs on results\n\nBy Paul GillinSource:\n\n[SiliconANGLE](https://siliconangle.com)A week after shocking investors with a disappointing preliminary earnings forecast that missed estimates, IBM Corp. today reported financial results that missed estimates on both revenue and profit. The company also lowered its full-year revenue forecast, blaming customers’ shifting their spending on mainframes and software to [artificial intelligence](/glossary/artificial-intelligence) infrastructure. However, executives insisted the changes are […]\n\nThe post [IBM cuts outlook as software and mainframe weakness weighs on results](https://siliconangle.com/2026/07/22/ibm-cuts-outlook-software-mainframe-weakness-weighs-results/) appeared first on [SiliconANGLE](https://siliconangle.com).\n\nGet AI news in your inbox\n\nDaily digest of what matters in AI.", "url": "https://wpnews.pro/news/ibm-cuts-outlook-as-software-and-mainframe-weakness-weighs-on-results", "canonical_source": "https://www.machinebrief.com/news/ibm-cuts-outlook-as-software-and-mainframe-weakness-weighs-o-y8wu", "published_at": "2026-07-22 23:49:55+00:00", "updated_at": "2026-07-23 00:33:42.314462+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure"], "entities": ["IBM Corp.", "SiliconANGLE"], "alternates": {"html": "https://wpnews.pro/news/ibm-cuts-outlook-as-software-and-mainframe-weakness-weighs-on-results", "markdown": "https://wpnews.pro/news/ibm-cuts-outlook-as-software-and-mainframe-weakness-weighs-on-results.md", "text": "https://wpnews.pro/news/ibm-cuts-outlook-as-software-and-mainframe-weakness-weighs-on-results.txt", "jsonld": "https://wpnews.pro/news/ibm-cuts-outlook-as-software-and-mainframe-weakness-weighs-on-results.jsonld"}}