International Business Machine Corp.’s shares were off more than 4% Wednesday after the company posted a third consecutive quarter of declining revenue, raising concerns about its turnaround and its ability to compete in the crowded cloud market.
In its latest quarter, growth was flat or declined in all of IBM’s main reported lines of business, including cloud services and information-technology-support services. Net income fell 5.2% to $1.59 billion.
Time for Ginny to go
Silly IBM. Wall Street prefers imaginary growth to profits. WS needs something they can speculate on so they can steal from the poor for the rich.
Watson can fix it right?
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