Sales at IBM Fall for the 21st Quarter
Sales at IBM fall for the 21st quarter, as heavy investments in AI and cloud fails to make good on legacy decline
The scale of the task ahead for IBM’s Ginni Rometty is clear after Big Blue disappointed Wall Street with its weak quarterly results.
The results revealed a decline in both profits and sales, and matters were made even worse by the fact that revenues from its cloud division also declined in the second quarter.
IBM has been banking heavily on its cloud, artificial Read more [...]