IBM sales fall for 12th quarter, currency weighs

April 20, 2015 9:34 PM

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IBM sales fall for 12th quarter, currency weighs

(Reuters) - International Business Machines Corp reported a 12 percent fall in first-quarter revenue as the technology company continues to shed unprofitable businesses to focus on cloud-computing initiatives.

Shares in the world's largest technology services company flitted around the unchanged mark in after-hours trading.

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