Monday 17 October 2011

IBM beats profit forecast, falls short in revenue

SAN FRANCISCO — IBM again demonstrated its skill at wringing profit from its software and services juggernauts. The success of those divisions has made it one of the most-copied technology companies and was a key reason IBM beat analysts' profit forecasts for the third quarter and raised its ...


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  • IBM revenue falls more than expected


  • NEW YORK (Reuters) - IBM's quarterly revenue fell by a bigger-than-expected 11 percent as the slowdown in corporate spending hurt even one of the healthiest U.S ...

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