IBM revenue falls for 13th straight quarter; shares dip
International Business Machines Corp`s revenue fell for the 13th consecutive quarter and missed the average analyst estimate, as it continued to shed low-margin businesses and the strong dollar weighed on Big Blue`s results.
Jul 21, 2015, 03:34 AM ISTIBM sales fall for 12th quarter, currency weighs
International Business Machines Corp reported a 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives.
Apr 21, 2015, 03:31 AM IST