The above graph represents the IBM revenue vs cost by quarter, starting from fiscal Q1 2005 to the recently completed quarter. The company reported a notable decline in its total quarterly revenue and cost of goods sold (includes services, sales and financing) during Q1 2020. IBM generated about $17,571 million in revenue, with 3.36% YoY decline. While the total cost of goods sold was $9,649 million in fiscal first quarter of 2020, with 4.83% YoY decline.
|Source||IBM SEC Filings|
|Note||IBM fiscal year starts from January|
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