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IBM Revenue Falls for 15th Straight Quarter

2016-01-19 23:57:37| Semiconductors - Topix.net

International Business Machines Corp reported an 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue's results. Armonk, New York-based IBM's revenue fell to $22.06 billion, above analysts' average estimate of $22.02 billion, according to Thomson Reuters I/B/E/S.

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