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Reuters: IBM profit tops targets, forecast up

Started by chris, July 18, 2008, 01:41:09 AM

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chris

IBM profit tops targets, forecast up
      


BOSTON (Reuters) - IBM reported a 22 percent rise in quarterly profit, blowing past Wall Street targets and raising its 2008 forecast, as emerging markets used its services, software and equipment to expand and larger countries turned to technology to save money.
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