IBM reports Q2 revenue up 8% YoY to $16.98B, vs. $16.59B est., and software revenue up 10% to $7.39B, vs. $7.49B est.; IBM drops 5%+ after hours (Brody Ford/Bloomberg)

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Brody Ford / Bloomberg:IBM reports Q2 revenue up 8% YoY to $16.98B, vs. $16.59B est., and software revenue up 10% to $7.39B, vs. $7.49B est.; IBM drops 5%+ after hours  —  International Business Machines Corp. reported weaker-than-expected sales in its closely watched software segment, disappointing investors …