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IBM revenue falls, highlighting challenges as it shifts course

Growth in new fields may not be enough to offset erosion in its traditional business

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Published Tue, Jul 21, 2015 · 09:50 PM

    New York

    IBM is advancing rapidly into new fields such as data analytics, cloud computing and mobile applications. And while the technology company's second-quarter results showed encouraging progress in those businesses, it was not enough to translate into growth for the company as a whole.

    Virginia Rometty, IBM's chief executive, declared months ago that 2015 would be a year of transformation with ambitious initiatives and formidable challenges. The second-quarter performance showed both forces at work.

    IBMCloud computingData analytics

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