Thursday, January 21, 2021

IBM sales decline across all units, sending shares tumbling


International Business Machines reported quarterly revenue that missed analysts’ estimates, signaling Chief Executive Officer Arvind Krishna’s turnaround plan will take more time to pan out. Sales fell 6.5% to $20.4 billion in the three months ended Dec. 31, the Armonk, New York-based company said Thursday in a statement. That was below the $20.75 billion analysts […]

source https://www.seattletimes.com/business/technology/ibm-sales-decline-across-all-units-sending-shares-tumbling/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology

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