IBM quarterly revenue misses estimates on weak cloud, services demand

IBM quarterly revenue misses estimates on weak cloud, services demand

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-ibm-results/ibm-quarterly-revenue-misses-estimates-on-weak-cloud-services-demand-idUSKCN1RS25P

International Business Machines Corp reported a bigger-than-expected drop in quarterly revenue on Tuesday, an indication that its efforts to pivot to newer businesses such as cloud, analytics, software and services remained patchy at best.