IBM Joins Tech Doghouse

Stock quotes in this article: IBM , AAPL  

"That's been weak for so long. It's a mature product group," Gorman says. "When it happens once, it happens once. But when it happens every three out of four quarters, this is not a growth business."

Despite the market reaction, he was satisfied with IBM's overall performance.

"This is a $91 billion [in revenue] company. There will be a lot of hits and some misses every quarter," Gorman says.

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