Oct 17

IBM fails in sales forecast by over $1 billion

Business Comments Off on IBM fails in sales forecast by over $1 billion

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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