News: Share prices drop in after hour trading. Salesforce displayed continued growth in its 2017 second quarter financial results. The CRM company reported Q2 revenue of $2.04 billion, up 25% year-over-year as subscription and support revenues reached $1.89bn, an increase of 24% year-over-year. Professional services and other revenues stood at $151 million, an increase of 33% year-over-year.
Add to favorites Technology giant IBM has reported a marginal revenue decline for the third quarter of this year, even as its cloud and analytics businesses witnessed significant growth. The company's revenue stood at $19.2bn in the July-September quarter, down $54m compared to the same period last year.
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Move seen as an effort to give a push to AMD's sluggish growth. Chipmaker Advanced Micro Devices (AMD) has announced the appointment of Dr. Lisa Su as president and CEO of the company, replacing Rory Read, who was appointed in 2011.
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