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المشهد العربي
IBM revises revenue forecast downward
IBM has revised its revenue growth outlook for 2026 to a range of 4% to 5% on a constant currency basis, following a weak second quarter that did not meet analyst expectations and a decline in infrastructure sector performance. Despite this, the company reaffirmed its forecast to continue increasing free cash flow by $1 billion this year. CEO Arvind Krishna also noted that the weakness in Z Meframe computer sales and transaction software is due to institutions stepping back from the heavy purchasing that was anticipated following previous price increases.
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