IBM says profit, revenue fell but raises expectations for year

Software was a bright spot as hardware and services revenue declined in the second quarter

By , IDG News Service |  Software

Revenue for major geographic segments of the company's business were flat or in decline during the quarter. Revenue for the Americas was $10.7 billion, a decrease of 3 percent; revenue from the Europe/Middle East/Africa area was flat at $7.8 billion; and Asia-Pacific revenue decreased 8 percent to $5.8 billion.

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