IBM plays down earnings miss as part of evolution


Taking it in stride: Rometty downplayed IBM's less than stellar earnings at the Wall Street Journal Digital Live (WSJDLive) conference, saying it was just a part of Big Blue's evolution.

LAGUNA BEACH, United States: IBM’s top executive played down an earnings miss that hammered the technology old-timer’s shares, saying the company is evolving to thrive in a new age. 

“Those results show a lot of progress and a lot of work to be done,” IBM chief executive Virginia Rometty said during an on-stage chat at a WSJD Live technology conference in California. 

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