IBM sees smallest drop in revenue in 4 yrs to $19.23 bn
Tech firm IBM on Tuesday reported its smallest drop in revenue in over four years for the quarter ended September to $19.23 billion, against $19.28 billion in the year-ago period. This was due to continued growth in the company’s cloud and analytics businesses. Further, the company's net income fell by 3.38% to $2.85 billion during the period under review. 