According to BBC, IBM chief executive and senior management will forgo bonuses for 2013 because of falling profits. the biggest drop came from Continue reading »

tags: cloud service, IBM

IBM has released 3^rd quarter results and its showing that the company missed sales forecast by more than $1 bn. Fewer customers need storage infrastructure of their own and that’s why IBM took a hit from the transition to the cloud. IBM’s income $4 a share came in ahead of estimates. Continue reading »

tags: cloud service, IBM, sales forecast