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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
International Business Machines Corp. (NYSE: IBM) concluded its annual investors meeting in New York Thursday. One of the meeting's key highlights was news that the company set a $40 billion revenue target for its cloud, big data and other growth areas, which the company calls ‘strategic imperatives' by 2018.
IBM chairman and CEO Ginni Rometty was onENTER TO WIN $500 IN STOCK OR CRYPTO
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Three Years And $40B
When asked how she can be confident that IBM will reach $40 billion in revenues for her "higher growth businesses" in just three years, Rometty replied, “We are just coming off investor day, and one of the key points as I started the day with was about reminding everybody: we are a high value innovation company.”She elaborated, “When we did our earnings [...] we have come out and said the strategic imperatives as we call them all around the world of data cloud engagement [sum] $25 billion.”She continued, “So, what gives me confidence – they grew another very strong 16 percent in actual rates last year and they are now 27 percent of IBM.“So, it was important. In fact we went back in time, I told them and we showed everyone today. They've been growing strong double digits for years. Five years ago they were only 13 percent of IBM.”
Last Year And Looking Forward
“We started last year – they were 22 percent, now 27. And in fact, we have got confidence that'll continue to grow double digits.“That leads you to $40 billion, which would be greater than 40 percent of IBM in four years,” Rometty concluded.Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.