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Sales from maintenance and services contracts declined.
The company signed $10.2 billion in services contracts during the quarter, and concluded the quarter with a backlog of services contracts that totaled $87 billion.
And the total of services contracts signed — an indicator of future revenue — was weaker than expected.
I.B.M. said that it had signed $10.7 billion in new services contracts for the quarter.
Recently it lost out to rivals for the Ministry of Justice's criminal probation services contracts.
And I.B.M. said late Monday that the pace of its services contracts was slower than it had expected.
Some of the oil services contracts are for repairing currently productive fields, others to tap mostly unused sites.
A recession is usually defined as at least two quarters in which the national output of goods and services contracts.
We will look at the ways in which HEIs can support social enterprise through advisory services, contracts and teaching.
I.B.M. said it had signed $13.3 billion in services contracts in the quarter, its second-strongest ever.
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Adrienne Moore filed a complaint in San Jose, California, on 15 May, alleging that people who replace Apple devices with non-Apple phones or tablets are "penalised and unable to obtain the full benefits of their wireless-services contracts".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com