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 Ceo writes to Trump

International Business Machines Corporation Office of the Chairman, President and Chief Executive Officer One New Orchard Road Armonk, New York 10504-1783 Last Tuesday night you spoke about bringing the country together to build a better future, and the opportunity to harness the creative talent of people for the benefit of all. I know that you are committed to help America's economy grow in ways that are good for all its people.

Pearson taps IBM’s Watson as tutor

IBM is seeking to drive revenue growth by developing practical applications for Watson, its software that wooed the sector five years ago by beating two human champions on "Jeopardy!" The world's largest education company is leveraging IBM's Watson platform as it tries to take college tutoring from campus libraries to the virtual world. Pearson is partnering with Armonk, New York-based International Business Machines Corp. to use the Watson artificial intelligence product as an online tutor for college courseware.