IBM reports Q3 revenue of $18B, down 3.9% YoY, the fifth consecutive down quarter; Red Hat sales of $371M, included for the first time, did not stop the decline (Olivia Carville/Bloomberg)

Olivia Carville / Bloomberg:
IBM reports Q3 revenue of $18B, down 3.9% YoY, the fifth consecutive down quarter; Red Hat sales of $371M, included for the first time, did not stop the decline  —  - Third-quarter revenue fell 3.9% in fifth period of decline  — Red Hat included in results for first time since 2018 purchase