IBM missed Wall Street estimates for quarterly revenue, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals due to pandemic-induced economic uncertainty.
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IBM Hit by Rare Sales Decline in Software Units, Posts Disappointing Quarterly Revenue
![IBM Hit by Rare Sales Decline in Software Units, Posts Disappointing Quarterly Revenue]()
Reviewed by Ansh Goel
on
January 22, 2021
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