IBM posts 14th consecutive quarter of falling revenue

clock • 2 min read

IBM blames the sale of high volume, low margin businesses and currency shifts, but cloud and services struggle to make up the shortfall

IBM has posted its 14th consecutive quarter of declining revenue, following the sale of struggling and low-margin businesses in a long-running restructuring masterminded by CEO Ginni Rometty. To...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
ToddyCat cybercriminals using high-end tools to commit 'industrial scale' theft

Threats and Risks

ToddyCat restrict access to compromised systems while they steal valuable data.

clock 23 April 2024 • 2 min read
Critics dismiss Broadcom's 'anti-cloud' licencing changes for VMware

Corporate

Trade body CISPE demands EU investigation

clock 23 April 2024 • 3 min read
IT Essentials: Summer's coming

Green

But cloud casts a shadow

clock 22 April 2024 • 3 min read

More on Hardware

Oxford team claims secure 'quantum computing from home' breakthrough

Oxford team claims secure 'quantum computing from home' breakthrough

Verifiable blind quantum computing promises ultra-secure access to cloud quantum services

clock 12 April 2024 • 2 min read
Asian Tech Roundup: South Korea's fusion record

Asian Tech Roundup: South Korea's fusion record

Plus India bans dark patterns, Malaysia gains from the chip wars

Tom Allen
clock 05 April 2024 • 2 min read
 Researchers create autonomous drones that chat like people and grab with hands

Researchers create autonomous drones that chat like people and grab with hands

Capable of 'thinking, entity control and environmental awareness'

Mark Ballard
clock 07 November 2023 • 3 min read