Cloud and cognitive computing fails to save IBM from 19th quarter of declining revenue

IBM yet again reported a quarter of declining revenue, making it the 19th consecutive quarter where the company has seen its revenue fall. The company from Armonk, N.Y., reported that fourth quarter revenue fell 1% from the year-ago period to $21.8bn, however, positive news came in the form of its net profit growing by 1% to around $4.5bn.

IBM reports better-than-expected Q4 results; forecast beats

International Business Machines Corp forecast full-year earnings above Wall Street estimates and reported better-than-expected quarterly revenue, helped by growth in newer areas such as cloud-based services and analytics. The Armonk, New York-based company forecast adjusted earnings of at least $13.80 per share for fiscal 2017, beating the average analyst estimate of $13.74, according to Thomson Reuters I/B/E/S.

IBM’s Rometty will talk ‘new collar’ jobs with Trump

... better train American workers so they are qualified enough to fill the growing number of "new collar" jobs that the Armonk, N.Y. tech giant is creating, many of which it cannot currently fill because of a growing skills gap for tech jobs. "At IBM ...