IBM’s profit is actively falling

One of the largest IT corporations has released its data for the 1st quarter of this year. The performance has been considered the worst over the past 14 years. Such sharp decline was caused by the low demand for computer equipment. IBM’s sales volume has also dropped by 5%, despite the fact, that the company has made significant progress in the field of artificial intelligence. It’s also worth noting, that IBM’s profit has been decreasing for 16 months in a row.

The IBM shares have shown the record decline and have already fallen by 5.7%. The value still continues to decrease, which gives traders a great chance to earn money. Remember, that trading will be available during the American session, from 14:40 to 21:00 GMT time.

The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.