Thread regarding IBM layoffs

IBM Ends 22-Straight Quarters of Declining Revenue. But Wall Street Is Unimpressed

"It also didn’t help that IBM’s newly installed CFO James Kavanaugh said during a call with analysts that the company’s earnings per share for 2018 would be 'at least $13.80,' lower than analyst expectations of $13.92. IBM’s 2018 EPS is on par with what it had reported for 2017."

Hilarious! Way to nail it during the first week on the job! Geeeez. . .

http://fortune.com/2018/01/18/ibm-wall-street-quarter-earnings/

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down 4% at the close today... they were expecting more, this is better than I was expecting though.

Let's hope things will improve.

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