Hip and modern IBM can't beat legacy kit and services IBM: That's four consecutive quarters of revenue decline now

8% cloud biz growth in 12 months. Where is Red Hat when you need it?

IBM notched up its fourth straight quarter of revenue decline as the areas it deems strategic – hybrid cloud, AI and blockchain – couldn't paper over cracks in the legacy operations of big iron and outsourcing.…

via The Register - Data Centre: Cloud
http://go.theregister.com/feed/www.theregister.co.uk/2019/07/18/ibm_reports_4th_straight_quarter_of_declines_as_cloud_ai_and_blockchain_fail_to_offset_slides_in_services_and_hardware/