IBM quarterly revenue falls 2.8 percent

(Reuters) - International Business Machines Corp reported a 2.8 percent fall in quarterly revenue as gains in cloud and mobile computing units failed to offset declines in its traditional business.

Revenue dropped to $20.24 billion for the quarter ended June 30 from $20.81 billion a year earlier. [nBw4Q0rfRa]

Net income fell to $2.50 billion, or $2.61 per share, from $3.45 billion, or $3.50 per share.

(Reporting by Narottam Medhora and Anya George Tharakan in Bengaluru; Editing by Don Sebastian)