Friday February 10, 2012

IBM raises full-year outlook, posts higher profit

NEW YORK (Reuters) – IBM on Thursday raised its full-year outlook and reported higher-than-expected quarterly profit as its growing focus on higher-margin software and services businesses helped it cope with weak technology spending.

NEW YORK (Reuters) - IBM on Thursday raised its full-year outlook and reported higher-than-expected quarterly profit as its growing focus on higher-margin software and services businesses helped it cope with weak technology spending.

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