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Big Blue Posts Mixed Fourth Quarter

2015-01-20 23:48:05| Electronics - Topix.net

International Business Machines Corp reported a better-than-expected quarterly adjusted profit, helped by increasing demand for its fast-growing cloud business. Net income fell to $5.48 billion, or $5.51 per share, in the fourth quarter ended Dec. 31, from $6.19 billion, or $5.73 per share, a year earlier.

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