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Google, IBM round out strong tech results week

June 11, 2018
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SAN FRANCISCO (Reuters) – Google Inc and IBM rounded out a strong week of technology results, outstripping already high expectations and providing further evidence that a recovery is brewing. (Washington Post — 16 October, 2009)
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SAN FRANCISCO (Reuters) – Google Inc posted its strongest sequential revenue growth in more than a year, outpacing Wall Street expectations as the Internet search advertising business showed signs of recovery from the global recession. (Washington Post — 16 October, 2009)
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NEW YORK (Reuters) – IBM raised its full-year outlook and reported higher-than-expected quarterly profit on Thursday as its growing focus on higher-margin software and services businesses helped it cope with weak technology spending. (Washington Post — 16 October, 2009)
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SAN FRANCISCO — IBM Corp. is a rare example of a company that has kept boosting profit even as the recession has sapped its sales. (Washington Post — 17 October, 2009)
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In New Orleans, Obama fires back at critics NEW ORLEANS (Reuters) – U.S. President Barack Obama fired back on Thursday at critics who say he has few accomplishments of note in his nine months in office and declared he was just getting started. In recent weeks, Obama has faced criticism both from… (Washington Post — 16 October, 2009)
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SAN FRANCISCO — IBM Corp.’s latest quarterly results pull in two directions at once. Sales were down 7 percent as corporate technology spending remained weak, but net income was up 14 percent, mostly the result of IBM’s ability to wring more profit from its services and software divisions. (Washington Post — 16 October, 2009)
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IBM is reporting a 14 percent growth in year over year net income, posting a third-quarter profit of $3.2 billion, or $2.40 a share, on revenue of $23.6 billion. IBM has been shifting its focus towards software and services from hardware and it appears to be paying off. Chairman, president and CEO,… (Washington Post — 16 October, 2009)
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