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internetnews.com: Big Blue Crushes Estimates

By Paul Shread

“Judging from its second-quarter results, divesting its PC
business may have been a good move for IBM.

“IBM reported second-quarter results after the close on Monday,
and while revenues declined 3.6% from the year-ago quarter to
$22.27 billion, diluted earnings shot up 10.9% to $1.12 a share,
beating analysts’ estimates by nine cents…”

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