The American group had its best quarter in terms of growth for ten years.
“We end 2021 being a different company“Summarizes James Kavanaugh, IBM’s chief financial officer. The fourth quarter results, presented Monday evening, allowed the American company to give a glimpse of its new profile, after three years of intense transformation. This period ended symbolically on November 3 with the split of Kyndryl, a now independent company bringing together the IT services activities that IBM wanted to offload.
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“Our quarterly results and expectations for 2022 are a first look at today’s IBM“said Arvind Krishna, CEO of IBM. With a turnover of 16.7 billion dollars between October and December, representing a growth of 6.5%, the group signed its best quarter for 10 years. Over the whole of 2021, its revenues increased by 3.6%, to 57 billion dollars. A real contrast to the declines of 2020 and 2019.
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