The Traderszone Network

Published in TZ Latest News 20 July, 2015 by The TZ Newswire Staff

IBM revenue falls for 13th straight quarter; shares dip

IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas like security software, cloud services and data analytics. The company, which sold its x86 server business to Lenovo Group Ltd last year, has continued realigning its operations by paying contract-chipmaker Globalfoundries Inc to take over its loss-making semiconductor unit this month.

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