IBM net rises, but weak revenue hints at woes
Article Abstract:
International Business Machines Corp. of the United States posted soaring first quarter profit, up 22 percent to $1.71 billion from $1.4 billion last year. Profits were supported by cost cutting controls. However, revenue fell 9.8 percent reflecting a lack of momentum in sales from its service operation.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2006
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IBM brightens tech outlook: latest gains in earnings, revenue, services deals lift gloom left by Intel
Article Abstract:
The outlook for global technology has improved with the strong growth at IBM, countering Intel Corp.'s recent poor financial report. The strong showing by IBM bodes well for the computer and software industries as a whole.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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IBM's results show doubts persist over spending rebound
Article Abstract:
IBM posted a 36% rise in 2003 third quarter earnings. However, the company was hit by weak revenue growth and affected by cautious statements made by its executives about a recovery in business spending.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2003
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