IBM posts first revenue miss in five quarters, shares tumble IBM posts first revenue miss in five quarters, shares tumble:- International Business Machines Corp (IBM.N) reported a bigger-than-expected decline in revenue for the first time in five quarters due to weak demand in its IT services business, a sign that […]
Martin J. Schroeter
IBM revenue fall dims upbeat profit forecast IBM revenue fall dims upbeat profit forecast:- International Business Machines Corp reported its 19th straight quarter of declining revenue, but forecast full-year earnings above Wall Street estimates due to growth in newer areas such as cloud-based services and analytics. However, investments to drive […]
