Profits up at IBM
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Manufacturing News, Source : TheManufacturer.com
Published : 15 Apr 2003 14:34
The computer giant IBM has reported a rise in its first quarter profits.
Helped by a revenue increase at its consulting business, IBM saw earnings at its operations come in at 79 cents a share for the January to March quarter. A rise from 73 cents a year ago. Last year IBM bought the consulting arm of PricewaterCoopers, expanding into the corporate-services business. The $3.5 billion purchase allows IBM to provide consultancy as well as selling computer hardware and software.
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