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IBM revenue falls for 15th straight quarter

2016-01-19 23:57:38| Semiconductors - Topix.net

International Business Machines Corp reported a 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue's results. Revenue dropped to $22.06 billion in the quarter ended Dec. 31, from $24.11 billion.

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IBM Revenue Falls for 15th Straight Quarter

2016-01-19 23:57:37| Semiconductors - Topix.net

International Business Machines Corp reported an 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue's results. Armonk, New York-based IBM's revenue fell to $22.06 billion, above analysts' average estimate of $22.02 billion, according to Thomson Reuters I/B/E/S.

Tags: straight falls quarter revenue

 
 

IBM revenue falls for 15th straight quarter

2016-01-19 23:28:11| Electronics - Topix.net

International Business Machines Corp reported a 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue's results. Revenue dropped to $22.06 billion in the quarter ended Dec. 31, from $24.11 billion.

Tags: straight falls quarter revenue

 

International Business Machines Corp. (IBM) Price Target Cut to $145.00 by Analysts at RBC Capital

2016-01-16 21:08:44| Semiconductors - Topix.net

The firm presently has a "sector perform" rating on the technology company's stock. RBC Capital's price objective would suggest a potential upside of 11.51% from the stock's current price.

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CSC Embraces IBM Cloud to Accelerate Hybrid Cloud Adoption

2016-01-16 00:20:24| IT Services - Topix.net

This includes the modernization and development of key applications that support mobile, analytics and cognitive intelligence across hybrid cloud deployments. Global organizations have embraced the cloud due to the increased flexibility, productivity and cost-efficiency of cloud services.

Tags: ibm adoption cloud hybrid

 

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