Since 2008 Bear Strearns call.....Cramer make a foul of himself on Stewart show.....now He tell you to buy at 52 week high.....??? what peoples did.....YA RIGHT....THEY BOUGHT HIGH....!!! NOW CRY BABY CRY....You've been Cramered ...!!!! lol
Not quite sure what to make of that, it says IBM revenue was at $23.41 billion, not the 22.48 being reported elsewhere. Did they throw out the onetime charge for restructuring, or currency rate adjustments maybe?
In any event, it was a hardware drop along with the restructure charge that accounted for this. The rest of the business did quite well, which speaks volumes for IBM moving forward.