How to leak information...unintentionally
It's not like anybody didn't suspect the numbers, it's just interesting how those numbers got out.
IBM is moving their key work to low wage locations.
IBM sales haven't grown in 20 quarters.
Not that management will see any connection. So, so, so glad I left long ago when they went from techie management to cookie management. Any company that's been pumping its stock price with buybacks for way more than a decade has been telling stockholders that it has no idea how to be a tech business because they can't find anything useful to do with the money they're making, and IBM shows what that sort of clueless management leads to.