Ron Burgundy Posted January 20, 2015 Share Posted January 20, 2015 (Reuters) - International Business Machines Corp reported quarterly revenue that missed analysts' estimates, as it grapples with dwindling demand for its servers and storage products. Shares of the world's largest technology services company fell 3.5 percent to $151.59 in extended trading. IBM forecast 2015 operating earnings of $15.75 to $16.50 per share, just shy of analysts' average estimate of $16.51 per share, according to Thomson Reuters I/B/E/S. The company has been divesting its underperforming businesses in an attempt to realign itself with the sector's shift to higher-margin businesses, such as security software and cloud services. View the full article Quote Link to comment Share on other sites More sharing options...
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