IBM revenue falls more than expected, cuts profit forecast

International Business Machines Corp posted a bigger-than-expected drop in revenue for the fifth straight quarter, hurt by a strong U.S. dollar, and cut its full-year profit forecast, sending its shares lower. It was the 14th quarter in a row that IBM has posted a reduction in revenue, as the world's largest technology services company gets rid of low-margin businesses and looks to expand its more lucrative cloud computing business, helping companies manage their data remotely. IBM lowered its f