IBM delivers Q2 revenue growth, IBM Z leads hardware gains

ZDNet 

IBM delivered second quarter revenue growth of 4 percent from a year ago in a sign that the company may be turning the corner. Big Blue reported non-GAAP second quarter earnings of $3.08 a share on revenue of $20 billion. Wall Street was expecting IBM to deliver non-GAAP second quarter earnings of $3.04 a share on revenue of $19.85 billion. IBM delivered its second consecutive quarter of revenue growth following a solid first quarter. The company said its cloud as-a-service revenue was at an annual run rate of $11.1 billion.

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