Despite cloud and mobile push, IBM's revenue flattens

From InfoWorld: Despite a hearty push into cloud services and enterprise mobility, IBM continues to experience difficulty in raising revenue, though second-quarter profit jumped compared to a year ago.

IBM's second-quarter revenue was $24.4 billion, down 2 percent compared with $24.9 billion in the second quarter of 2013, the company announced Thursday.

Despite sluggish revenue, the company did make headway in increasing profit, which was up 28 percent year over year, to $4.1 billion.

Part of the bump comes from comparing the profit from last year, which was abnormally low due to a billion-dollar charge the company took for workforce rebalancing.

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