IBM quarterly revenue misses on weak mainframe computer business

IBM quarterly revenue misses on weak mainframe computer business

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-ibm-results/ibm-quarterly-revenue-misses-on-weak-mainframe-computer-business-idUSKCN1RS25P

International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, sending its shares down about 3 percent.

IBM quarterly revenue misses on weak mainframe computer business

Apr 17, 2019, 1:27am UTC
https://www.reuters.com/article/us-ibm-results/ibm-quarterly-revenue-misses-on-weak-mainframe-computer-business-idUSKCN1RS25P >International Business Machines Corp reported a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its mainframe computers and a stronger dollar, sending its shares down about 3 percent.