IBM Is Not A Cloud King
As reported on TechCrunch. IBM reported its third quarter financials this past week that showed a company struggling with its legacy hardware business and the problems that come with a confused cloud services strategy. Revenues were down $1 billion with hardware sales declining 17 percent. Overall revenues for the nine-month period totaled $72.1 billion, a decrease of 4 percent, compared with $75.2 billion for the nine months of 2012. The software division is not having tremendous success, either. This last…