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Software and taxes fuel IBM's big Q3 E-mail
Wednesday, 18 October 2006

Money talks, but for IBM it's software - and the odd tax adjustment - that walks. IBM recorded a 46.5 per cent growth in net income to $2.22bn on revenue up 5.1 per cent to $22.6bn, and earnings per diluted share of $1.45, compared to $0.94, for the third quarter ended September 30. IBM beat analyst expectations of $22.08bn revenue and $1.35 EPS.

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