IBM profit rises as revenue grows 12 percent
International Business Machines Corp's quarterly profit rose 8 percent from a year earlier, buoyed by strong growth in sales of its computers and software.
The world's biggest maker of mainframe computers reported second-quarter net income of $3.66 billion, or $3.00 per share, compared with $3.39 billion, or $2.61 per share, a year earlier.
Revenue climbed 12 percent to $26.7 billion.
(Reporting by Jim Finkle; Editing by Richard Chang)
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