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VIEW EVENT INFORMATION: IBM |
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IBM Revenues Down $1 Billion For Third Quarter As Hardware Sales Falter With Popularity Of The |
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About the organization IBM: Type: Business Sub-Types: Computer, Computer Software, Computer Hardware, Website |
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Notable Organizations: IBM, Techcrunch |
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IBM has reported its third-quarter revenues were $23.72 billion compared to $24.74 billion this time last year. The revenues were down due to the company’s underperforming hardware division, which is taking a hit with the growing popularity of cloud services. Revenues for the nine-month period totaled $72.1 billion, a decrease of 4 percent, compared with $75.2 billion for the nine… |
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