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IBM earnings: With old tech leading the way, cloud and AI need to catch up

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International Business Machines Corp. rode the success of old technology to big gains at the end of last year, but investors will be looking for success from newer businesses in order to believe in Big Blue's future. IBM IBM, -0.86% is scheduled to report earnings on Tuesday after the close of markets. Key points will be the potential impact of China tariffs and the company's gross margins. Most important might be the company's services revenue, which is far behind systems revenue growth despite comprising newer efforts. Don't miss: IBM broke a long losing streak thanks to some of its oldest technology Compared with the year-ago quarter, analysts expect technology services and cloud-platform revenue to rise 0.8% to $8.28 billion and cognitive-solutions revenue to rise 3.8% to $4.22 billion.


Apple expected to debut new Internet-connected speaker at developers conference

Los Angeles Times

Apple appears poised to unveil a voice-activated, Internet-connected speaker that would create a new digital pipeline into people's homes. Tapping Apple's Siri digital assistant, such a speaker is expected to serve as a butler as well as an outlet for listening to music. If the speculation pans out, the speaker would be Apple's first new product since its smartwatch in 2015. And it would mark an effort by Apple to catch up with Amazon and Google. An early glimpse at updates to iPhone and Mac software has become a tradition at Apple's annual conference for app developers, which begins Monday in San Jose.


New smart speaker expected as Apple kicks off conference

Boston Herald

Apple appears poised to unveil a voice-activated, internet-connected speaker that would create a new digital pipeline into people's homes. Tapping Apple's Siri digital assistant, such a speaker is expected to serve as a butler as well as an outlet for listening to music. If the speculation pans out, the speaker would be Apple's first new product since its smartwatch in 2015. And it would mark an effort by Apple to catch up with Amazon and Google. An early glimpse at updates to iPhone and Mac software has become a tradition at Apple's annual conference for app developers, which begins Monday in San Jose, California.


RBC Expects Apple's Siri To Be A WWDC Focus - Apple Inc. (NASDAQ:AAPL)

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Apple Inc. (NASDAQ: AAPL) is hosting its annual Worldwide Developer Conference (WWDC) on June 13-17 in San Francisco, and RBC expects Siri to hog the limelight this year, along with extensive OS upgrades and potential macbook pro refresh. Siri SDK & More: "Expect AAPL to showcase Siri SDK for 3rdparty developers to expand use cases for Siri and lay groundwork for a wifi-enabled personal assistant (Like Amazon Echo)." "We expect a more robust integration of various OS's across AAPL's ecosystem, with Siri taking the center stage in terms of integration," Amit Daryanani wrote in a note. For example, MacOS is expected to get Siri integration to further drive usage of Apple's voice assistant. Daryanani expects some discussion on integrating VocaIIQ (Apple's acquisition in late 2015) and laying the groundwork to launch a more comprehensive artificial intelligence-powered personal assistant device.