Things will get better next quarter
By then, Big Blue's new DCO (Deckchair Cofiguration Officer) will be up to speed.
IBM today reported its second quarter financial results and the figures don't look good, with profits falling nearly 30 per cent. The venerable computing giant did perform slightly better than analysts expected, however GAAP revenues and profits are both down year-on-year. It's the 17th straight quarter of revenue declines for …
Things will get better for IBM next quarter? Why, has Deep Blue worked out what next weeks lottery numbers are?
I appreciate ZeroHedge is bordering on a conspiracy site, but they put IBM's "success" down to lowering their effect tax rate and low interest rates, and predict the low interest rates won't last.
http://www.zerohedge.com/news/2016-07-18/ibm-beats-despite-17th-straight-revenue-decline-margin-miss-spike-net-debt
Nonsense. It has been pointed out before but it's basically a fraudulent manipulation of the figures. A hardware upgrade to a server that has been on premise for a decade will count as 'hybrid cloud'.
Not entirely sure why people don't realise this? Does no one actually delve into the figures?