IBM Profits Rise

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IBM Corp. (IBM ) posted $1.02 third-quarter earnings per share, vs. 99 cents, meeting analysts' average expectations. ago. Revenue at the world's largest computer maker rose 9% to $21.5 billion. Chairman and chief executive Sam Palmisano said he saw signs of economic stabilization and expects an pick-up in information-technology spending, though he stopped short of calling for a full rebound. He also said that IBM needed to fill about 10,000 new positions in several key skill areas in 2004.

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