IBM reported a decline in signings of new business at its global services division during the first quarter, even as it reported profit and revenue ahead of analysts' projections.
Signings fell 14 percent from a year earlier to $10.5 billion during the first quarter, causing Wall Street analysts to grill the company on the reason for the decline during an earnings conference call.
Read More....
IBM signings fall; earnings beat forecasts
Deja-Vu Times is the leading information source for technology news, analysis, opinions and case studies on Enterprise IT including applications, infrastructure, security, cloud computing, virtualization, networking and storage for IT decision maker Visit: http://www.dejavutimes.com/
