IBM: Its chip sales up 2% in 2016 as chip sales rise 7%

IBM reported its third-quarter sales of $1.15 billion, the highest since 2009, as it continues to push its chip-based business into a more advanced state.The company reported revenue of $4.2 billion, down from $5.8 billion a year earlier.Revenue fell 1.6 percent to $7.9 billion.IBM reported a net loss of $6.1 billion, a decrease of 5 […]