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 BOSTON (AP) - Investors were heartened after International Business Machines Corp.'s second-quarter earnings report provided evidence that Big Blue has rebounded from difficulties early in the year.
"IBM returned to form in this quarter," Chairman and CEO Sam Palmisano said in a statement.
The technology bellwether reported Monday that in the quarter ended June 30, net profit was $1.83 billion, or $1.12 per share, compared with $1.74 billion, or $1.01 per share, in the previous year.
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