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About: http://data.cimple.eu/news-article/ae7d60390efeac44fda8a15a82e358a31bf30fd25b2bd08901e8dbf3 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	US computer giant IBM soothed market jitters Monday with better-than-expected results and a slight uptick in turnover after four quarters down. Its stock rose 3.14 percent during electronic trading after the close of the New York Stock Exchange. IBM raked in $17.7 billion in revenue in the first quarter of 2021, up 0.9 percent from last year at the same time. Its net profit, on the other hand, fell from $1.18 billion to $955 million. Cloud computing, which has become the lifeblood of the company, posted revenue of $5.4 billion, slightly up. This sector is notably driven by a hybrid cloud platform that allows customers to use a combination of their own private servers and so-called public storage space, such as that provided by external service providers like Amazon or Microsoft. In early February, IBM announced the acquisition of Taos, a company specializing in data migration and cloud platform management services. To focus on this sector, the group began last year hiving off its IT infrastructure management activities, to make it an independent listed company. The operation is expected to be completed by the end of 2021. juj/jh/to
schema:headline	IBM turnover picks up thanks to cloud silver lining
schema:mentions	IBM Cloud computing New York Stock Exchange Computer Amazon rainforest Microsoft Public Storage Data migration Electronic trading platform IT infrastructure Lifeblood (album) Jitters (band)
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-20 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	57 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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