IBM reports higher 1Q earnings, beats estimates

IBM just reported mixed first quarter earnings for 2012. GAAP earnings came in at $2.61, up 13 percent with non-GAAP earnings at $2.78, up 15 percent. Revenue was flat for the quarter coming in at $24.7 billion, up 1 percent adjusting for currency. Analysts expected $2.66 a share and $24.82 billion in revenue. Net income for the quarter came in at $3.1 billion, up 7 percent from last year. "In the first quarter, we drove strong profit and earnings per share growth. We delivered another excellent software performance, expanded services margins, and continued the momentum in our growth initiatives," said IBM CEO Ginni Rometty. "Our investments in growth market countries continued to generate strong revenue growth across software, hardware and services while contributing to the company's ongoing margin expansion.

IBM reports higher 1Q earnings, beats estimates

(AP) -- IBM Corp.'s first-quarter net income grew 7 percent, helped by strong profit margins in its services business and strong revenue growth across its software and services businesses.

Tue 17 Apr 12 from Phys.org

Intel 1Q earnings fall 13 percent, meet Street

(AP) -- First-quarter earnings at Intel Corp., the world's largest chipmaker, fell 13 percent as spending on research and marketing rose while sales were flat.

Tue 17 Apr 12 from Phys.org

Intel beats analysts' forecasts

The world's largest maker of computer chips, Intel, posts first-quarter revenue of $12.9bn and net earnings of $2.7bn.

Tue 17 Apr 12 from BBC Technology

Intel quarterly revenue beats expectations

(Reuters) - Intel Corp posted first-quarter revenue of $12.9 billion and net earnings of $2.7 billion, or 53 cents a share, as the personal computer industry wrestles with a shift toward tablets ...

Tue 17 Apr 12 from Reuters Technology

IBM boosts 2012 outlook after first quarter results

(Reuters) - IBM raised its full year outlook after it posted a 15 percent rise in first quarter earnings on strong demand for its software services and growth in emerging markets.

Tue 17 Apr 12 from Reuters Technology

IBM's Mixed Q1 2012: Revenue Flat At $24.7B; Net Income Up 7 Percent To $3.1B

IBM just reported mixed first quarter earnings for 2012. GAAP earnings came in at $2.61, up 13 percent with non-GAAP earnings at $2.78, up 15 percent. Revenue was flat for the quarter coming ...

Tue 17 Apr 12 from TechCrunch

IBM may raise full-year software demand forecast

(Reuters) - IBM Corp reports earnings after the bell on Tuesday and investors are hoping strong software demand will make for a repeat of last year's first-quarter performance, when the company ...

Mon 16 Apr 12 from Reuters Technology

IBM targets rivals with info tech maintenance product

(Reuters) - IBM is taking aim at competitors such as Hewlett Packard Co and Oracle Corp with PureSystems, a new product line that helps companies reduce time and money spent on increasingly ...

Wed 11 Apr 12 from Reuters Technology

Earnings Preview: IBM to post 1Q results

IBM Corp. plans to report first-quarter earnings on Tuesday after the market closes, with investors hoping it will offer more signs of stabilization among its customers even as the global economy ...

Fri 13 Apr 12 from R&D Mag

IBM Sets the Stage for the Next Era of Computing

IBM today announced a major step forward in a new, simpler era of computing with the introduction of a new category of expert integrated systems. This new family is the first with built-in expertise ...

Wed 11 Apr 12 from R&D Mag

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