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 BOSTON (AP) - Already on a tear lately, shares of International Business Machines Corp. got another bounce after the technology company reported a 12 percent jump in quarterly earnings and improved its outlook for the rest of the year.
IBM said Wednesday that strength in its software division and improvement in its services unit helped push profit in the second quarter to $2.26 billion, or $1.55 per share, on revenue of $23.8 billion.
In the comparable period last year, IBM earned $2.02 billion, or $1.30 per share, on revenue of $21.9 billion.
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