Monday, July 21, 2014

IBM’s Software Growth Fails to Meet Expectations


(Web Design in Cambodia Digital Marketing Agency, restartbox.com)- Reports are out claiming that IBM or International Business Machines Corp’s software business grew far lesser than ones anticipated in the second quarter.

Not to forget, it was expected that IBM’s software business revenue could grow as high as 3 percent, yet in reality it turned out to be only 1 percent, provoking a major concern for many.

“This just isn’t a growth story anymore, it hasn’t been for a little while,” said Scott Kessler an analyst at S&P Capital.

“Software is a big business no question, but 1 percent growth in what many have thought of as their key growth driver is worrisome,” the analyst added.


IBM’s Software Growth Fails to Meet Expectations

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