Tech
IBM studies Q1 income up 0.4% YoY to $14.25B, vs. $14.35B est., web revenue up 26% YoY to $927M, and software program income up 2.6% YoY to $5.92B, vs. $5.83B est. (Jordan Novet/CNBC)
Jordan Novet / CNBC:
IBM studies Q1 income up 0.4% YoY to $14.25B, vs. $14.35B est., web revenue up 26% YoY to $927M, and software program income up 2.6% YoY to $5.92B, vs. $5.83B est. — – IBM’s first-quarter earnings surpassed expectations whilst income was weaker than anticipated. — Components of the corporate’s infrastructure enterprise confirmed a slowdown.
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