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Tech giant IBM needs to reverse this unfortunate trend in its business (IBM)
|04/20/2017||Posted by BusinessMediaguide.Com under General World News||
IBM has been a heavyweight in the tech world for more than a century, but the computing hardware and software businesses that made it a giant are now dragging it down.
That continued this most recent quarter, as the company reported weaker-than-expected revenue and saw its shares fall roughly 5% as a result. As this chart from Statista shows, the company has been dealing with this for a good while now: IBM has now posted 20 consecutive quarters of declining revenue.
It’s not all bad, though. The company has been forced to spend billions pivoting into read more >>>