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IBM warns of shortfall tied to customer memory spending

IBM said weakness in its software and infrastructure business reflected customer spending shifts to memory ahead of upcoming price increases.

Reported · Written up by our desk · Previews

IBM disclosed that a shortfall in its software and infrastructure business contributed to its profit warning, according to MarketWatch.

The outlet reports IBM linked the weakness to customers spending on memory ahead of expected price hikes, suggesting demand timing effects are playing a role in near term results.

MarketWatch also framed the broader implication as hardware taking share or attention within customer IT budgets, affecting performance in related software and infrastructure areas.

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