IBM reports Q2 revenue of $19.2B, down 4.2% YoY, with Cloud and Cognitive Software revenue of $5.6B, up 3.2% YoY, more on Red Hat acquisition to be shared Aug 2 (Jordan Novet/CNBC)


Jordan Novet / CNBC:
IBM reports Q2 revenue of $19.2B, down 4.2% YoY, with Cloud and Cognitive Software revenue of $5.6B, up 3.2% YoY, more on Red Hat acquisition to be shared Aug 2 — KEY POINTS — IBM’s revenue declined on an annualized basis for the fourth consecutive quarter, even as earnings grew.
IBM reports Q2 revenue of .2B, down 4.2% YoY, with Cloud and Cognitive Software revenue of .6B, up 3.2% YoY, more on Red Hat acquisition to be shared Aug 2 (Jordan Novet/CNBC)
Source: Tech Meme