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IBM, the world's largest technology services company, has posted a higher quarterly profit as revenue rose 9 per cent, helped by software-company acquisitions and growth in computer services.
Shares of IBM rose 1.2 per cent in after-hours trading following the earnings report, after closing up 0.3 per cent at US$111.08 ($142) on the New York Stock Exchange.
The shares had added 14 per cent this year as of Tuesday's close.
- REUTERS
