Jordan Novet / CNBC:
IBM beats in Q1 with revenue of $14.2B, up 7.7% YoY, vs. $13.85B est., including $5.77B from software, up 12% YoY, and $4.83B from consulting, up 13% YoY — - IBM beat consensus on the top and bottom lines. — The technology services company offloaded Watson health-care assets to a private-equity firm in the quarter.
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