IBM’s earnings fell in Q3 but topped estimates as EPS was $3.29, net profit sank 4% to $2.9B and revenue slipped 0.4% to $19.2B. On the upside, revenue from areas that IBM (NYSE:IBM) calls “strategic imperatives” rose 16% to $8B, with cloud sales jumping 44%. Mobile revenues grew 19% and security 11%. Shares were -2.6% premarket.
