Bolstered by good performance in India, China and other growth markets, IBM has reported a nearly six per cent increase in net income at USD 3.9 billion in the three months ended June 2012, even as its revenues slumped.

International Business Machines Corp's (IBM) profit jumped 7 per cent to $3.1 billion in the first quarter earnings as the tech giant reported ten per cent higher revenue in the BRIC countries - Brazi