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Wall St moneymen on IBM Q4 financials: Don't get your hopes up

Anonymous Coward
Anonymous Coward

"Sure it was not revenue rather than sales that reported the modest increase? Honest question."

It was genuine revenue - they released a mainframe refresh and got a nice revenue boost. Just like they'll get another revenue boost during the next refresh cycle in a few years...

The honest question should be "is IBM an actual player in 21st century IT or is it just a legacy system provider and place where old IT jobs go to die?"

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