IBM: ‘Shell Game Persists,’ Says Bernstein

Tech Trader Daily
By Tiernan RayJan 19, 2018, 6:16 pm162 pts
IBM's better-than-expected quarterly results on Thursday didn't appease uber-bear Toni Sacconaghi of Bernstein, who sees declines along several metrics, and thinks the company's profit outlook this year is yet more of the same "shell game" he thinks IBM's been playing with taxes for years.

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