IBM sees profits fall by 21% in Q1 - welcome to our blog that presents the full content How Gadget, the discussion this time we're discussing that you find that IBM sees profits fall by 21% in Q1, we have provided complete information with images that are easy to understand, the explanation is simple but complete, therefore please read until the end :)

This is about : IBM sees profits fall by 21% in Q1
And this article : IBM sees profits fall by 21% in Q1

IBM sees profits fall by 21% in Q1

IBM yesterday presented the results of its first quarter 2014 reflect a decrease in sales and profits. The first is $ 22.5 billion (-4%) and is lower than analysts' expectations. Profits meanwhile fell 21% year on year to $ 2.4 billion.

The latter figure included a charge of $ 870 million allocated to layoffs and a gain of $ 100 million for the sale of its outsourcing business customer service.

The software and services division saw its sales grow by 2%, driven mainly by the middleware. Revenues from cloud division grew 50% year over year to $ 2.3 billion. This is the hardware division that has sealed the figures with a 23% decrease in turnover.

Return to profitability by selling servers Lenovo 

Sales System Z mainframe fell 40%, those of Power Systems 22% while those storage solutions fell 23%.

IBM relies on the sale of the business to Lenovo servers to reduce the size of the hardware business and return to profitability, especially with the launch of its Power 8 solution. In summary, the transition from Big Blue is expected to continue for several quarters. (Eureka Press)

Information IBM sees profits fall by 21% in Q1 has been completed we present

A few of our information about the IBM sees profits fall by 21% in Q1, we hope you benefit from this article

You have just read the article IBM sees profits fall by 21% in Q1 and many articles about gadget in our blog this, please read it. and url link of this article is https://howtomonetizeeverything.blogspot.com/2014/04/ibm-sees-profits-fall-by-21-in-q1.html Hopefully discussion articles on provide more knowledge about the world of tech gadgets.

Tag :

Tweet