IBM smashes targets for super profitable quarter

IBM has released its financial results for the second quarter of the year, reporting  stellar profits despite the current financial climate. Overall, the company saw non-GAAP earnings per share of $2.18, with revenues of $18.1 billion, representing a 5.4 percent decline year-on-year but surpassing analyst estimates. As reported by ZDNet, the company’s cloud business performed particularly well, with revenue for …

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