Updated Apr. 17, 2014 at 7:41 a.m.

Premium Lock Hardware woes drive IBM revenues down for 8th straight quarter

Published: 2014-04-17 06:13:00
Updated: 2014-04-17 07:41:56

IBM earnings  IBM earnings

IBM revenue fell 4 percent to $22.5 billion, below the $22.9 billion that analysts polled by FactSet had expected. It's the eighth consecutive quarter of revenue decline. The biggest drop was in its systems and technology unit, or hardware, where revenue tumbled 23 percent to $2.39 billion from $3.11 billion....

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