IBM quarterly revenue misses on weak mainframe computer business

- 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’s cloud and cognitive segment, which includes analytics, cybersecurity and artificial intelligence, fell 1.5 percent to $5.04 billion in the quarter, but beat FactSet estimates of $4.18 billion. IBM returned to annual revenue growth in the last quarter of 2018, triggering expectations that its strategy was taking roots.

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IBM set to report earnings after the bellAnalysts are expecting IBM's revenue to be down year over year for the third quarter in a row. SenateFloor HouseFloor TheJusticeDept FBI IBM promotes IBM Business Conduct Guidelines..IBM Policies/EEOC/New York Human Right etc..Violators since IBM Founded. Ginni Rometty is the Worst CEO. She IBM CEO became Sam Palmisani-Italian promoted Her per IBM Ex-Employees. Ding ding ding ding ding ding ding ding ding ding Okay, I just felt like doing it 😂
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

LIVE: here come IBM earningsIBM is shedding some businesses and swallowing RedHat in a $34 billion deal. Investors will have lots of questions when the comapny reports Q1 earnings.
แหล่ง: BusinessInsider - 🏆 729. / 51 อ่านเพิ่มเติม »