Q3 2017 Review

To start, let's review IBM's earnings from Q3 2017. They earned $3.30/share on $19.15 B in revenue compared to $3.29/share and $19.23 B in revenue in Q3 2016. Both the revenue and earnings were better than the consensus going in and possibly the biggest thing was that IBM came very close to breaking its 22 straight quarters of Y/Y revenue declines. The stock price immediately jumped after the Q3 numbers came out as you can see here:

IBM data by BYChartsREAD FULL ARTICLE HERE