Consulting Segment ChallengesIBM's consulting segment is facing significant challenges due to a deceleration in IT spending, which could impact future revenue.
Economic Impact On IT SpendingThe possibility of a global economic downturn poses challenges for IBM, as it may negatively affect IT spending and consequently impact the company's financial performance.
Revenue GrowthIBM has consistently grown below its 4-6% revenue growth framework in recent years, raising concerns about its ability to meet growth targets.