2018-05-20 22:23:48 UTC
The slow-motion horror show that is IBM under CEO Ginni Rometti
continued with this month's quarterly financial results. The
good news was that revenues grew for the second quarter in a row
after five years of decline.
The bad news was that revenues only grew by 5 percent to $19.1
billion thanks to "currency tailwinds" - the 10 percent
depreciation of the trade-weighted US dollar over the past year.
In IBM's own words, revenues were "flat adjusting for currency".
Ginni Rometti if you'll recall, liked sucking on Obama's cock.