International Business Machines Corporation (IBM) started 2024 on a positive note with relatively modest first-quarter results. The bottom line beat the Zacks Consensus Estimate, but the top line missed the same despite solid demand. The company witnessed healthy demand trends for hybrid cloud and AI solutions with a client-focused portfolio and broad-based growth and remains firmly on track to reach its targets for 2024. Net Income On a GAAP basis, net income from continuing operations was $1,575 million o ...