Former IBMer sounds off on company’s cloud accounting issues

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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) documents provided by a former employee.  The SEC is looking into how IBM calculates cloud revenue.

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