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IBM’s Earnings in Q1 2017

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Known in the tech industry as the Big Blue, IBM reported a 13pc drop in quarterly earnings and narrower income across business sectors including: Cloud and Watson, its AI business unit. However, things have been a little bit rough for IBM, as their total revenue dropped down for 20th consecutive quarter. The company’s Q1 revenues for 2017 fell short of expectations, reporting a bigger that expected decline for the first time in five quarters. IBM claimed revenues of $18.2…

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