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IBM revenue falls more than expected, cuts profit forecast

2015-10-20 21:55:32| Semiconductors - Topix.net

International Business Machines Corp posted a bigger-than-expected drop in revenue for the fifth straight quarter, hurt by a strong U.S. dollar, and cut its full-year profit forecast, sending its shares lower. A man passes by an illuminated IBM logo at the CeBIT computer fair in Hanover February 27, 2011.

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