Welcome! On Oct. 20, IBM (NYSE: IBM ) handed in a dud of an earnings report. The company badly missed analyst estimates on both the top and bottom lines, and the stock crashed 8% immediately after the quarterly numbers were released. If there's a silver lining, it's that IBM is continuing the painful yet necessary step of divesting its hardware business. Although that is weighing on IBM today, these moves will pave the way for a brighter future. Here's what investors searching for value in IBM shares need to know now. IBM's horrible quarter IBM posted an operating profit of $3.
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