Thursday, October 17, 2013

IBM Reports Another Decline in Revenue -

A tough week for enterprise hardware; also see Teradata Downgraded After Q3 Guidance Disappoints (Investor's Business Daily)
"International Business Machines Corp. posted a sixth straight quarterly decline in revenue on Wednesday, with disappointing results in several areas, including international business, technology services and hardware.
Results in IBM's hardware group worsened compared with the previous quarter, as revenue fell 17% and the unit swung to a $167 million loss. In the second quarter, hardware sales fell 12%."
IBM Reports Another Decline in Revenue -

No comments: