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IBM reports preliminary Q2 revenue up 1% YoY to $17.2B, below $17.9B est., as CEO Arvind Krishna says customers are shifting spending to chips; IBM falls 20%+ (Amy Thomson/Bloomberg) from Techmeme RSS feed.
IBM reports preliminary Q2 revenue up 1% YoY to $17.2B, below $17.9B est., as CEO Arvind Krishna says customers are shifting spending to chips; IBM falls 20%+ (Amy Thomson/Bloomberg)
Amy Thomson / Bloomberg:
IBM reports preliminary Q2 revenue up 1% YoY to $17.2B, below $17.9B est., as CEO Arvind Krishna says customers are shifting spending to chips; IBM falls 20%+ — International Business Machines Corp. shares slid by the most in almost six decades after the company reported preliminary second-quarter sales …