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IBM says Notes sales helped good quarter

Martin Veitch ZDNet.co.uk

Published: 24 Apr 1997 09:10 BST

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Hi-tech stocks may be failing but the fiscals of industry leaders continue to look solid. IBM continued that trend by posting a better than expected first quarter, and said that the enterprise-wide success of products like Lotus Notes and Tivoli had helped.

Big Blue profits leapt to $1.2 billion, up from $774 million a year earlier, on revenues of $17.3 billion, up from $16.6 billion.

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When all is said, if Microsoft produce the best product people will buy it and thats a good thing. If people have to buy their product because no one else can produce an alternative, only because interoperability protocols are kept secret, then thats a bad thing.

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