Posted AT 4:30 PM EST on 17/07/08
IBM profit rises on growth abroad
BOSTON — — International Business Machines Corp. reported a higher quarterly profit Thursday, beating expectations and buoyed by higher sales in the economically troubled United States and abroad due to growth in services, hardware and software.
IBM said second-quarter net income rose 22 per cent to $2.77-billion, or $1.98 per share, from $2.26-billion, or $1.
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