VRB News
Virtual Reality Brisbane
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
No Result
View All Result
Home IT news

IBM with a significant increase in sales – strong dollar, however, burdens

admin by admin
July 21, 2022
in IT news
0
IBM with a significant increase in sales – strong dollar, however, burdens
0
SHARES
31
VIEWS
Share on FacebookShare on Twitter

Armonk The computer group IBM has significantly increased sales in the second quarter thanks to strong demand for cloud software and IT services. In the three months to the end of June, revenues increased by nine percent year-on-year to $ 15.5 billion, as IBM announced on Monday after the US stock market closed.

Net income increased from $ 1.3 billion to $ 1.4 billion. However, exchange rate effects have a considerable negative impact on the balance sheet. IBM is adding to the strong dollar, which reduces foreign earnings after conversion into US currency. Without this negative factor, the increase in sales in the most recent quarter would have been 16 percent.

The US dollar is being targeted by investors as a so-called safe haven on the financial market in view of increased geopolitical risks such as the war in Ukraine. In addition, the US Federal Reserve, for example, is significantly ahead of the European Central Bank in its interest rate hike cycle.

Previous Post

Nurn The New Renaissance, musical experience on Kickstarter

Next Post

The blog makes a week heat-free – BitcoinBlog.de – the blog for Bitcoin and other virtual currencies

admin

admin

Related Posts

How to Grow a YouTube Channel with ScaleLab
IT news

How to Grow a YouTube Channel with ScaleLab: Effective Strategies for Creators

February 4, 2025
Sticker mockups
IT news

Sticker mockups: how to visualize your ideas professionally and efficiently

January 13, 2025
Ways to Get Free Senegal Proxies for Work and Surfing
IT news

Ways to Get Free Senegal Proxies for Work and Surfing

December 24, 2024
Crypto Betting Frontiers
IT news

Crypto Betting Frontiers: The 2025 Landscape

December 6, 2024
iGaming Marketing Trends for 2025
IT news

iGaming Marketing Trends for 2025: Adapting to a Rapidly Changing Landscape

December 5, 2024
Next Post
The blog makes a week heat-free – BitcoinBlog.de – the blog for Bitcoin and other virtual currencies

The blog makes a week heat-free – BitcoinBlog.de - the blog for Bitcoin and other virtual currencies

Premium Content

VR Porn on Oculus Quest 2 – How to Watch

VR Porn on Oculus Quest 2 – How to Watch

September 6, 2023

Create VR Environment

January 27, 2022
Encrypted data against physical attacks

Data on the move – How authorities and public institutions around the world are rethinking data

June 16, 2021

Browse by Category

  • Games
  • IT news
  • Tech
  • World

VRB News is ready to cooperate with webmasters and content creators. Send an email to info@virtualrealitybrisbane.com

Categories

  • Games
  • IT news
  • Tech
  • World

Recent Posts

  • How to Grow a YouTube Channel with ScaleLab: Effective Strategies for Creators
  • Sticker mockups: how to visualize your ideas professionally and efficiently
  • Ways to Get Free Senegal Proxies for Work and Surfing

© 2023 - The project has been developed ServReality

No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact

© 2023 - The project has been developed ServReality

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?