IBM quarterly revenue misses estimates on weak cloud, services demand

IBM quarterly revenue misses estimates on weak cloud, services demand

5 years ago
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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.

IBM quarterly revenue misses estimates on weak cloud, services demand

Apr 16, 2019, 9:22pm UTC
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.