IBM shares plunge 25% after Q2 results miss Wall Street estimates
What's new: IBM posted adjusted earnings of $2.93 a share on $17.2 billion in revenue, both below FactSet forecasts.
Bloomberg, CNBC +1
What's new: IBM posted adjusted earnings of $2.93 a share on $17.2 billion in revenue, both below FactSet forecasts.
What's new: IBM said the prototype packs nearly 100 billion transistors and could reach production within five years.