IBM Fails To Offset Legacy Declines With Q3 Earnings - InformationWeek

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IBM Fails To Offset Legacy Declines With Q3 Earnings
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Charlie Babcock
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Charlie Babcock,
User Rank: Author
10/22/2015 | 9:38:19 PM
Profitable cloud services are highly automated behind APIs
The profitable cloud revenues stem from highly automated services that users flock to and use over and over again. I'm not sure what part of IBM's cloud revenue growth is based on such services. Some of it is moving legacy systems to the cloud, all well and good, but not the previously mentioned type of revenue.
SanjeeviN345
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SanjeeviN345,
User Rank: Apprentice
10/21/2015 | 3:41:50 AM
IBM 3rd quarter
It is a big statement coming from CFO that IBM does not want to be big but of high value and Watson has a Long tail. Does it mean look for declining revenues? Will it also expand margins?


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