Diamond Hill Capital Comments on International Business Machines Corp

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Oct 17, 2014

Diversified information technology company International Business Machines Corp. (IBM) reported second quarter earnings that demonstrated continued execution of the company’s long-term plans. Revenue in the Systems & Technology (hardware) segment as well as revenue in China, two areas of recent concern, improved during the quarter leading to less investor pessimism about the future.

From Diamond Hill Capital (Trades, Portfolio)'s Select Fund Third Quarter 2014 Commentary.