Former IBMer sounds off on company’s cloud accounting issues

http://www.informationweek.com/cloud-computing/infrastructure/ibms-cloud-business-ex-employee-divulges/240159982

This account pokes holes in IBM’s cloud computing revenue story. About half of IBM’s current cloud revenue is tied to hardware — often hardware used to run a customer or partner cloud — according to InformationWeek, which cites IBM(s ibm)┬ádocuments provided by a former employee. ┬áThe SEC is looking into how IBM calculates cloud revenue.