{"id":1020942,"date":"2026-07-15T07:57:05","date_gmt":"2026-07-15T02:27:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1020942"},"modified":"2026-07-15T08:07:45","modified_gmt":"2026-07-15T02:37:45","slug":"ibm-forecasts-preliminary-q2-revenue-below-estimates-as-spending-shifts-to-ai","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/15\/ibm-forecasts-preliminary-q2-revenue-below-estimates-as-spending-shifts-to-ai\/","title":{"rendered":"IBM forecasts preliminary Q2 revenue below estimates as spending shifts to AI"},"content":{"rendered":"<p>IBM&#8217;s preliminary second-quarter revenue forecast came below Wall Street estimate on Tuesday, as customers prioritized spending on AI infrastructure, including servers, \u200cstorage \u2060and memory \u2060purchases, sending its shares slumping 17% in premarket trading. <\/p>\n<p>The results reflect an industry-wide shift in technology spending toward AI infrastructure, reducing budgets for traditional \u2060software. <\/p>\n<p>According to \u200cthe preliminary results, the company expects revenue \u2060of $17.2 billion during the quarter, compared with analysts&#8217; estimate of $17.86 billion, according to data compiled by LSEG.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IBM&#8217;s preliminary second-quarter revenue forecast came below Wall Street estimate on Tuesday, as customers prioritized spending on AI infrastructure, including servers, \u200cstorage \u2060and memory \u2060purchases, sending its shares slumping 17% in premarket trading. The results reflect an industry-wide shift in technology spending toward AI infrastructure, reducing budgets for traditional \u2060software. According to \u200cthe preliminary results, the company expects revenue \u2060of $17.2 billion during the quarter, compared with analysts&#8217; estimate of $17.86 billion, according to data compiled by LSEG.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1020942","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1020942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1020942"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1020942\/revisions"}],"predecessor-version":[{"id":1020962,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1020942\/revisions\/1020962"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1020942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1020942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1020942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}