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SYS-CON MAGAZINES |
Websphere News Desk
IBM Profits Rise 24% Year-on-Year in the 4th Quarter
When IBM releases its fourth-quarter results on Thursday, it is confidently expected that - aided by the plunging dollar which in itself is reckoned to have increased revenue by 6% - revenue rose 10% to $28.9BN. As a result of its preliminary fourth-quarter results being issued, shares in the company climbed more than 8% today in premarket trading.
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