Evercore ISI analyst Amit Daryanani said after the release of IBM's earnings report that the decline (for full-year revenue guidance) was "better than market concerns." Many on Wall Street had expected a cut in guidance after IBM reported
Evercore ISI analyst Amit Daryanani said after the release of IBM's earnings report that the decline (for full-year revenue guidance) was "better than market concerns." Many on Wall Street had expected a cut in guidance after IBM reported preliminary results last week that showed weak sales of infrastructure and related software.