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IBM revenue falls, highlighting challenges as it shifts course

Growth in new fields may not be enough to offset erosion in its traditional business

The major trends in technology are often both an opportunity and a threat to IBM. The most notable is the shift to software being delivered from remote data centres as a cloud service.

New York

IBM is advancing rapidly into new fields such as data analytics, cloud computing and mobile applications. And while the technology company's second-quarter results showed encouraging progress in those businesses, it was not enough to translate into growth for the company as a...