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IBM revenue falls for the 12th straight quarter

2015-04-20 23:32:41| Semiconductors - Topix.net

International Business Machines Corp reported an about 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives. It was the 12th straight quarter that the Armonk, New York-based company reported a drop in quarterly revenue, including the effects of currency.

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