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Microsoft Suffers While Big Blue Blows It Out!

Last week, Microsoft announced that its profits fell and that the ax will therefore fall on 5,000 workers.

So, were rivals hit by the economic tsunami, as well? Not all. IBM had a terrific quarter with profits up 12 percent to a tidy $4.4 billion. (While Redmond's profits were down, it still raked in an impressive $4.1 billion, and did so on far less revenue than Big Blue).

Posted by Doug Barney on January 26, 2009 at 11:53 AM


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