Software gives IBM 13 per cent profit hike
Dave Bailey, Computing , Tuesday 20 April 2010 at 12:07:00 Middleware pushes profit margin for Big Blue Technology giant IBM has attributed an increase in its profits during the first quarter of 2010 to software sales – largely of middleware packages. The giant’s profits were up 13 per cent to $2.6bn (£1.7bn) in Q1 compared with 2009′s $2.3bn. Big Blue added that although revenue was up five per …
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