IBM executives told investors Thursday they see a future where the technology giant grows profits significantly by expanding the amount of income from software sales and by tapping into emerging markets. Big Blue expects to boost the total percentage of its net income coming from software to 50 percent from the current 40 percent by 2010, part of a larger shift away from lower-margin endeavors, best exemplified by the company’s decision to exit the personal computer business.
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Original post by Keith Regan and software by Elliott Back
