Revenue for IBM fell 4% to US$22.5bil in the first quarter, below analysts' average estimate of US$22.91bil and was the lowest the company has reported since the first quarter of 2009, when revenue was US$21.71bil - AFP Photo.
REUTERS: IBM Corp, the world's biggest technology services company, reported its lowest quarterly revenue in five years on Wednesday, as Big Blue struggles with falling demand for its hardware and faces challenges in growth markets like China.
Shares of IBM fell as much as 4% to US$188.20 in after-hours trade.
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