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Reply to post: SUMMARY OF EARNINGS

IBM: We're now a, what's not losing money? Ah, a cognitive cloud champ!

Anonymous Coward
Anonymous Coward

SUMMARY OF EARNINGS

Revenue down

Profitability down

Earnings per share up because of share buybacks

Revenue didn't drop more because of new mainframe product.

Conclusion:

IBM isn't doing well in any new business areas (software, consulting, cloud) to turn this ship around. Mainframe sales won't keep revenue up as the product ages. IBM is still a dog.

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