IBM Earnings Preview: Revenues Will Continue To Post Declines

Considering the challenging business environment, we expect that revenues across different division will continue to decline in Q4. However, we are closely monitoring the new signings the services business as this will help us ascertain the order backlog outstanding for 2015. We expect its server and storage division to report another quarter of disappointing results as the company works to fix this struggling business. Both of its key offerings (Power and mainframe systems) are on the cusp of m...