IBM Reports Higher Profit and Sales in Q3, Highlights AI Growth

• IBM reported a 5% increase in sales to $17.1 billion in Q3, surpassing estimates.
• The company's earnings per share were $2.95, contributing to higher profit.
• CEO Arvind Krishna emphasized the traction of AI, calling it a 'Super Intelligence'.
• Sales in the software unit also expanded, reflecting strong performance.
• Some delayed deals came through, contributing to the improved financial results.