Out of the dow. Shares of ibm falling hard. Sales coming in short of street estimates for the First Quarter despite gains in the cloud, cybersecurity and watson. It does mark a 20th straight quarter of revenue declines at big blue. Company cfo, martin schroeder, on cloegz well. We have not been solely focused on the top line headline number of when can we print growth. Had we wanted to, we wouldnt have divested 8 billion worth of businesses. We would probably reduce our Investments Overseas where there is a currency impact. That has not been our focus. Joining us now is Credit Suisse analyst who has a rating on the 110 price tag. Ibm is trying to transform is self. How far of a setback back is this . It fundment falamentally tea transition they are going through. We see revenue shrinking through 2019. The second thing, we saw some evidence of that in this quarter. The second issue is this transition towards a cloud or initiatives we think is fundamentally gross margin dill lieu tiff. T
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