The Big Blue Canary In Armonk

The IBM unbeat goes on. Its sales plunged again for the 14th straight quarter while its net income was down by 14% from last year. Even management’s dodgy ex-items earnings guidance for 2015 was lowered by 6% with only one quarter to go. Nor is this a passing swoon. IBM’s Q3 revenues were actually back to 2002 levels. As the Zero […]
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