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$IBM posted 3Q15 revenue of $19.3Bil, decrease of 13% YoverY. The Americas' revenue fell by 10% YoverY to $9.1Bil in the 3Q15, while revenue from Europe/Middle East/Africa dropped 16% to $6.1Bil. Asia-Pacific revenue decreased 19% to $4.1Bil, while revenue from the BRIC countries decreased 30% in the latest quarter.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.