Computer giant is not what it used to be and surprises analysts with a 4% drop in sales in the last quarter – The company hasn't seen the plus sign since the fourth quarter of 2011 – The real slump in the hardware division: - 17%
Surprise drop for IBM. Between July and September, sales fell by 4%, worse than analysts' expectations.
The American giant has not recorded increases since the fourth quarter of 2011. The company's net revenues, however, still maintain the plus sign and grow by 6%, reaching 4 billion dollars.
The hardware division experienced a particularly weak quarter, with sales in free fall -17%.
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