IBM's profit slumps 29 per cent in Q2

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IBM's profit slumps 29 per cent in Q2

IBM saw revenue fall three per cent in Q2 but cloud services sales continued to creep up

IBM saw profits slump annually in Q2, but its CFO said it is due to the firm making increased investments throughout the year. For the three months to 30 June, net profit fell 29 per cent year on year...

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