IBM Revenues, Profits Reveal 2012 Technology Spending Trends

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http://www.thevarguy.com – IBM‘s Q2 2012 financial results were a mixed bag, revealing that corporate technology spending and long-term technology budgets face macroeconomic pressure. But as a whole, IBM (NYSE: IBM) continues to manage its business more effectively than many rivals, and CEO Ginny Rometty sounds optimistic. An example: While Intel (NASDAQ) cut profit expectations yesterday, IBM is raising its profit outlook for 2012. And there’s good news in such areas as IBM business analytics, cloud computing and software. IBM Q2 2012 Financial Results While discussing Q2 results, IBM said: Net income ros (IT news)