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IBM misses revenue estimates, weighed down by legacy businesses
Published Wed, Jul 19, 2017 · 09:50 PM
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Bengaluru
IBM Corp on Tuesday reported a lower than expected quarterly revenue, as growth in its higher margin businesses that include cloud and artificial intelligence services failed to make up for declines across legacy business segments.
IBM's shares fell 3 per cent to US$149.15 in after-market trading.
Armonk, New York-based IBM has in recent…
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