IBM experiences Q1 income of $17.73B, up 1% YoY, vs. $17.35B est., after 4 quarters of declines; complete cloud income was $6.5B, up 21% YoY, Purple Hat was up 17% (Jordan Novet/CNBC)




Jordan Novet / CNBC:

IBM experiences Q1 income of $17.73B, up 1% YoY, vs. $17.35B est., after 4 quarters of declines; complete cloud income was $6.5B, up 21% YoY, Purple Hat was up 17%  —  – IBM reported income progress after 4 quarters of declines.  — The corporate introduced acquisitions of two cloud consulting companies within the quarter.





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