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IBM just had its worst quarter. Here’s why

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IBM shares tumbled more than 17% in premarket trading today after the company released preliminary second-quarter results that fell well below what Wall Street had anticipated, rattling investors and raising fresh questions about where corporate technology budgets are going. The tech giant reported adjusted earnings of $2.93 per share on revenue of $17.2 billion. Analysts […] The post IBM just had its worst quarter. Here’s why appeared first on Rolling Out .

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