IBM Lowers Full Year Forecast After Earnings Warning IBM's latest earnings report has sent shockwaves through the tech industry.
The company lowered its full year forecast and delivered weaker than expected results, with revenue growth stagnant at 1% year over year in the quarter and net income decreasing from last year.
Management had to revise its forecast downward after already issuing an earnings warning just last week, adding to the sense of unease.