IBM Q1 Might Be Hit By Head Winds In Tech Spending

By | April 15, 2014

Scalper1 News

IBM (IBM) is expected to show its eighth consecutive quarter of revenue declines when it reports first-quarter earnings after the market close Wednesday. The broad-based tech vendor is dealing with challenges in its hardware business, due to weaker-than-average industry spending on information technology and a slowdown in emerging markets such as China. The consensus revenue estimate among analysts polled by Thomson Reuters for Q1 is $22.9 Scalper1 News

Scalper1 News