IBM returns to sales growth on cloud strength

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IBM returns to sales growth on cloud strength

After a year of declines.

IBM returned to sales growth in the first quarter after a year of declines and beat Wall Street targets, boosted by its bets in the high-margin cloud computing business. Finance chief James Kavanaugh said cloud spending by clients in retail, manufacturing and travel industries in the United ...

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cloudgrowthibmmarginquarterlyreturnsales

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