Jan 24

No bonuses for 2013 for IBM chief executive and senior management

Business Comments Off on No bonuses for 2013 for IBM chief executive and senior management

No bonuses for 2013 for IBM chief executive and senior management

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 »

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Oct 17

IBM fails in sales forecast by over $1 billion

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IBM

IBM has released 3rd 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 »

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