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Filed under: JPMorgan Chase (JPM), Morgan Stanley (MS), Initial public offerings

Gartner (IT), the tech consulting and research firm, this morning posted Q3 revenue of $267.5 million, down 10% from a year ago, but ahead of the Street at $262.9 million. Profits before a one-time tax benefit were 16 cents a share, ahead of the Street consensus at 14 cents.

Research-related revenue was down 7% from a year ago; consulting was down 18%; events revenue was off 9%.

The company repeated its full year revenue forecast of $1.1 billion to $1.16 billion, with EPS of 66-87 cents; the Street consensus is $1.12 billion and 79 cents.

"The 'offshoring' of IT development, customer service and back of?ce operations has always been controversial in the U.S. (because of the jobs lost)," observes Paul Goodwin.

In The Cabot China & Emerging Markets Report, he explains, "However, these outsourcing services have also been cost-effective. And outsourcing pioneer Wipro (NYSE: WIT) is very good at it." Here's his review.

"Wipro, the Indian megacap company, has been holding earnings steady as a rock despite the global recession that has ripped the heart out of so many companies.

Filed under: Earnings reports, Management, Microsoft (MSFT), Oracle Corp (ORCL), Books, salesforce.com inc (CRM)

Marc Benioff, the founder and CEO of Salesforce.com (NYSE: CRM), has a new book coming out in November: Behind the Cloud: The Untold Story of How Salesforce.com Went from Idea to Billion-Dollar Companyand Revolutionized an Industry.