Armonk, New York-based company $IBM generated revenue of nearly $82Bil in 2015, down 1% from 2014. Operating net income for 2015 was $14.7Bil with operating EPS of $14.92. CFO Martin Schroeter said $IBM has made seven cloud acquisitions during 2015 and invested nearly $1Bil in capital, expanding the global cloud data center footprint to 46 centers.
$MSFT said that with the company's annuity mix as high as it is, it can impact the uptick in the transactional business either way. The company's focus will always be making sure it has a clear road map for customers to make long term commitments through annuity.