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IBM Q2 profit forecast falls short of analysts' estimates

This signals the firm's multi-year effort to become a purveyor of cloud products and technology using artificial intelligence is unlikely to soon stop its four-year sales slump
Wednesday, April 20, 2016 - 05:50

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International Business Machines Corp (IBM) forecast second-quarter profit that fell short of analysts' projections, signalling its multi-year effort to become a purveyor of cloud products and technology using artificial intelligence won't soon stop its four-year sales slump.

New York

INTERNATIONAL Business Machines Corp (IBM) forecast second-quarter profit that fell short of analysts' projections, signalling its multi-year effort to become a purveyor of cloud products and technology using artificial intelligence won't soon stop its four-year sales slump.

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