IBM’s Sales Hit by Slower Client Spending, Lower-Than-Expected Cloud Revenue

Total revenue for the September quarter rose to $17.62 billion, shy of analysts’ expectations as the company said its cloud business and some clients’ pause in spending weighed on its results.

Ibm’s Sales Hit By Slower Client Spending, Lower-Than-Expected Cloud Revenue

The Wall Street Journal – by Maria Armental

Total revenue for the September quarter rose to $17.62 billion, shy of analysts’ expectations as the company said its cloud business and some clients’ pause in spending weighed on its results.

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