IBM forecasts upbeat 2022 even as it flags $300m knock from Russia suspension
Company suspended its operations in March following Moscow’s invasion of Ukraine
Cloud sales the driver as Microsoft surpasses expectations
Tech giant received boost from customers signing up for more internet-based storage, processing and Office productivity software
Microsoft shares fall as revenue, profit misses estimates
Two of tech giant’s three major businesses showed lower operating profits as shares fall 5 per cent
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