How stable has IBM's revenue been in 2024?

International Business Machines Corporation (IBM) has demonstrated a relatively stable revenue trend over the course of 2024, with slight fluctuations due to seasonal and business cycles. Here's a detailed analysis: 1. **Consistent Performance**: IBM's revenue has shown a consistent upward trend, starting from $14.46 billion in Q1 2024, gradually increasing to $14.97 billion in Q2, and reaching $15.77 billion in Q3. This indicates a steady improvement in revenue generation throughout the year. 2. **Peak in Q4**: The revenue for Q4 2024 is reported at $17.55 billion, which is the highest compared to other quarters in the year. This suggests that IBM experienced a peak in revenue during this period, potentially due to seasonal factors or strategic business decisions. 3. **Growth Trend**: The growth trend in IBM's revenue can be attributed to various factors, including the company's strategic focus on high-growth markets, such as cloud computing, artificial intelligence, and blockchain. These areas have been instrumental in driving revenue growth and maintaining stability. In conclusion, IBM's revenue in 2024 has been stable, with a clear upward trajectory and a strong performance in the fourth quarter. The company's strategic focus on high-growth markets and seasonal factors have contributed to this stability and growth. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |IBM|IBM.N|IBM|2024 Q1|1.4734774066797642|1.4462E10|169| |IBM|IBM.N|IBM|2024 Q2|1.9063004846526657|1.577E10|169| |IBM|IBM.N|IBM|2024 Q3|1.4642082429501084|1.4968E10|169| |IBM|IBM.N|IBM|2024 Q4|0.9895863299004661|1.7553E10|169|