International Business Machines Corp. (NYSE:IBM) shares are down 4% this morning, after the company reported earnings that disappointed investors. IBM is dragging down the Dow Jones with it in today's trading session. International Business Machines Corp. (NYSE:IBM)has now had several weak revenues Qs in 2012, including this Q. Revenues were $24.75 billion, compared to our estimate of $25.47 billion and consensus of $25.38 billion. Software, GBS and the systems business units all were weak.
Even though IBM’s results have been weak for several Qs, it seems as if IBM’s execution was worse this...
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