Tuesday, July 19, 2011

IBM exceeds expectations in the second quarter

The IBM group has published Monday, July 18, a quarterly profit up 8% over the previous year, thanks to the business performance of its computers and software. The world's leading IT services has reported a net profit of 3.66 billion dollars (2.5 billion euros) in the second quarter, against 3.39 billion dollars (2.3 billion euros) a year earlier.

The revenues, meanwhile, increased 12% to $ 26.7 billion (18.56 billion euros), while analysts expected 25.35 billion dollars (17.8 billion euros). "Sales in hardware, software and services have had double-digit growth", was particularly welcomed the CEO Samuel Palmisano said in a statement.

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