Friday, January 20, 2012
IBM quarterly results show modest gains
IBM brought its fiscal 2011 year to a close with modest gains in both revenue and net income, the company reported Thursday. For the quarter that ended Dec. 31, IBM reported revenue of $29.5 billion, up 2 percent from the same quarter in the prior year. Net income was $5.5 billion, up 4 percent. [ Keep up on the day's tech news headlines with InfoWorld's Today's Headlines: Wrap Up newsletter. ]
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