IBM sees 19th quarter of falling revenue
 

Still better than Wall Street predicted

Biggish Blue has reported its 19th straight quarter of declining revenue, but forecast full-year earnings above what the cocaine nose jobs of Wall Street thought.

The company's revenue fell 1.3 percent to $21.77 billion in the quarter ended December 31, but beat analysts' expectations of $21.64 billion.

The better figures were thanks to growth in newer areas such as cloud-based services and analytics.

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