IBM Sees Yet Another Quarter of Falling Revenue
Shares of IBM fell today, after the company announced its first-quarter earnings after market close yesterday. Revenue fell yet again for Big Blue, as it has every quarter for the past eight consecutive quarters.
In this segment from Thursday's Investor Beat, host Alison Southwick and Motley Fool analyst Matt Koppenheffer discuss the business of IBM. Matt talks about how this is a business in flux, as it continues to become a services and consulting business. However, it isn't there yet. He points to how long this transition may take, and where the transitional growing pains may be along the way.
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The article IBM Sees Yet Another Quarter of Falling Revenue originally appeared on Fool.com.Alison Southwick has no position in any stocks mentioned. Matt Koppenheffer owns shares of Amazon.com. The Motley Fool recommends Amazon.com. The Motley Fool owns shares of Amazon.com and International Business Machines. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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