World, As Seen from the most beautiful islands: Ireland and Cyprus

IBM went from top to bottom, there it found some niche sales

I

Tech company IBM saw a slight decrease in its turnover in the third quarter. But that was better than what analysts had expected. IBM’s cloud activities grew significantly, while the service branch and hardware branch were shrinking. IBM plans to focus on the cloud services in particular, with the other parts being put on their own feet.

The revenue was down by 2.6% to 17.6 billion dollars. Indeed, the cloud division saw a 19% increase in turnover, with many more companies and institutions using cloud services as a result of working at home.

Below the line, IBM left $ 1.7 billion. That was 2% more than a year earlier.


Written by: Grace Kennedy

Grace Kennedy is a leading journalist, columnist of events in Ireland and beyond. 8 years in journalism, since she dropped out of university and ran away from home.

Add comment

World, As Seen from the most beautiful islands: Ireland and Cyprus

From Trinity st. to Limassol, Cyprus

Ireland and Cyprus have one thing in common. The most beautiful islands are divided. Even proportions are strikingly similar. Both nations strive for unity and a good glass of the news. More about us under the link.

Contact us

Feel free to give us a tip: [email protected]

Recent Posts

Categories