IBM revenue beats estimates on strength in cloud, services businesses

IBM revenue beats estimates on strength in cloud, services businesses

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-ibm-results/ibm-revenue-beats-estimates-on-strength-in-cloud-services-businesses-idUSKCN1PG2M5

IBM Corp reported a smaller-than-expected 3.5 percent drop in fourth-quarter revenue on Tuesday, as higher sales in its newer businesses such as cloud, software and services partially offset tapering sales of its latest mainframe computers and the pressures from a strong dollar.

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