A grim forecast for sure. . .
"No revenue growth
The above graph shows that, in the last ten quarters, IBM has not once managed to meet or beat analysts’ expectations. In fiscal 1Q17, IBM reported revenue of ~$18.2 billion and non-GAAP EPS of $2.38. Through strict cost control, IBM managed to beat analysts’ EPS expectations by $0.03. However, its revenue missed expectations by $230 million. Fiscal 1Q17 marked the 20th consecutive quarter, or five years, of no revenue growth for IBM.
With its 2Q17 results around the corner, it goes without saying that IBM is under severe pressure to report revenue growth. Its strategy of acquisitions and partnerships to post growth has not provided the desired results."
http://marketrealist.com/2017/07/could-ibms-negative-revenue-trend-come-to-a-halt-in-2q17/