News Topic - IBM
Articles 51 - 60 of most recent articles
Mainframe Sales, Strong Overseas Market Buoy IBM Earnings
IBM reported strong second-quarter earnings Thursday, beating analyst expectations and buoyed in part by sales of its new...
PC World – Jul 18, 2008 12:57 AM [GMT] ¦ comment?
found in Technology
IBM reported strong second-quarter earnings Thursday, beating analyst expectations and buoyed in part by sales of its new...
PC World – Jul 18, 2008 12:57 AM [GMT] ¦ comment?
found in Technology
Summary Box: IBM 2Q profit jumps 22 percentAP - THE PROFIT: IBM Corp.'s second-quarter profit rose 22 percent, easily beating Wall Street's expectations. The Armonk, N.Y.-based company is benefiting from continued strength in its services division despite growing economic worries.
Yahoo! – Jul 18, 2008 12:26 AM [GMT] ¦ comment?
found in Technology
Laptop Computer Enthusiast Starts Laptops 180 Blog
The Laptops 180 Blog readers can keep up with the latest laptop laptops and portable pc technology news. With interested in topics like the latest from Apple Computes, great personal computer gaming packages and cheap IBM PC packages or Windows Vista news.
1888PressRelease.com – Jul 18, 2008 12:00 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
The Laptops 180 Blog readers can keep up with the latest laptop laptops and portable pc technology news. With interested in topics like the latest from Apple Computes, great personal computer gaming packages and cheap IBM PC packages or Windows Vista news.
1888PressRelease.com – Jul 18, 2008 12:00 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
IBM's second quarter profit jumps 22 per cent, beats forecast
SAN FRANCISCO - IBM Corp.'s second-quarter profit leaped 22 per cent, blowing past Wall Street estimates as the technology company's bread-and-butter services division continued to thrive despite economic malaise in the U.S.
Canoe.ca – Jul 17, 2008 11:16 PM [GMT] ¦ comment?
found in Technology
SAN FRANCISCO - IBM Corp.'s second-quarter profit leaped 22 per cent, blowing past Wall Street estimates as the technology company's bread-and-butter services division continued to thrive despite economic malaise in the U.S.
Canoe.ca – Jul 17, 2008 11:16 PM [GMT] ¦ comment?
found in Technology
'Fast Money' Recap: Talking About Softee
The trading panel discusses results from Microsoft, Merrill, Google and IBM.
TheStreet.com – Jul 17, 2008 10:58 PM [GMT] ¦ comment?
found in Business: Investing
The trading panel discusses results from Microsoft, Merrill, Google and IBM.
TheStreet.com – Jul 17, 2008 10:58 PM [GMT] ¦ comment?
found in Business: Investing
Strength in emerging markets boosts IBM's earnings
IBM soared past Wall Street expectations for the second straight quarter, it said Thursday, as the company's international strength buttressed it against the weak domestic economy. (IBM)
Triangle Business Journal – Jul 17, 2008 10:56 PM [GMT] ¦ comment?
found in Local: North Carolina: Raleigh-Durham
IBM soared past Wall Street expectations for the second straight quarter, it said Thursday, as the company's international strength buttressed it against the weak domestic economy. (IBM)
Triangle Business Journal – Jul 17, 2008 10:56 PM [GMT] ¦ comment?
found in Local: North Carolina: Raleigh-Durham
US economy: Lacklustre Google and Microsoft results puncture Wall Street's fragile good cheer
American stocks completed their best two-day percentage gain since 2002 today but Wall Street's fragile good cheer subsided after the bell as earnings from Google and Microsoft failed to live up to investors' expectations. A fall of more than $5 in the price of oil sent shares soaring on hopes that the cost of crude may have passed its peak. The Dow Jones Industrial Average leapt by 207 points to 11,446 bringing its two-day gain to more than 400 points. But after the close of trading, Google released earnings which showed weakness in the number of "paid clicks" as internet users choose advertising links. Although Google's profits were up by 35% to $1.25bn, the figures did not deliver the blowaway gains which investors have grown accustomed to seeing at the internet search company. "It's hard to love the numbers," said Colin Gillis, an analyst at Canaccord Adams. "There's the initial shock of this being the best company in the space and it just fell short." Google insists that it can weather the economic storm crossing the US on the grounds that key advertisers in areas such as household consumer goods tend to maintain spending on promotions even in tough circumstances. Google's chief executive, Eric Schmidt, said: "Traffic and revenue have held up well despite uncertain economic conditions." The company boasted of making more than 100 improvements in search quality over the last three months, including work on cross-language searches which bring up results from foreign on-line documents. In unofficial after-hours trading, Google's shares dropped by 7.7% to $492.50. The software empire Microsoft took a similar beating, falling by 6.2% to $25.81 in response to its first earnings report since founder Bill Gates retired from day-to-day management. Microsoft's profits surged by 42% to $4.3bn on strong sales of Office and Windows packages but the company sounded a cautious note on challenging conditions. "It won't hurt us significantly," said chief financial officer Chris Liddell. "It's what I would described as a tough environment. It's clear other companies around us are suffering." In an evening of mixed news for the technology industry, IBM proved a bright glimmer by beating earnings forecasts with decent business in hardware and services. But the US chipmaker Intel learned that it faces new accusations from the European Commission over allegedly anti-competitive practices against rival Advanced Micro Devices. A statement of objections from the Commission alleged that Intel had paid computer retailers not to sell computers containing chips made by AMD, in addition to previous accusations that it behaved unlawfully in the wholesale market. The EU's executive body said all the different types of misbehaviour "reinforce each other and are part of a single overall anti-competitive strategy aimed at excluding AMD or limiting its access to the market".
The Guardian – Jul 17, 2008 10:34 PM [GMT] ¦ comment?
found in Technology
American stocks completed their best two-day percentage gain since 2002 today but Wall Street's fragile good cheer subsided after the bell as earnings from Google and Microsoft failed to live up to investors' expectations. A fall of more than $5 in the price of oil sent shares soaring on hopes that the cost of crude may have passed its peak. The Dow Jones Industrial Average leapt by 207 points to 11,446 bringing its two-day gain to more than 400 points. But after the close of trading, Google released earnings which showed weakness in the number of "paid clicks" as internet users choose advertising links. Although Google's profits were up by 35% to $1.25bn, the figures did not deliver the blowaway gains which investors have grown accustomed to seeing at the internet search company. "It's hard to love the numbers," said Colin Gillis, an analyst at Canaccord Adams. "There's the initial shock of this being the best company in the space and it just fell short." Google insists that it can weather the economic storm crossing the US on the grounds that key advertisers in areas such as household consumer goods tend to maintain spending on promotions even in tough circumstances. Google's chief executive, Eric Schmidt, said: "Traffic and revenue have held up well despite uncertain economic conditions." The company boasted of making more than 100 improvements in search quality over the last three months, including work on cross-language searches which bring up results from foreign on-line documents. In unofficial after-hours trading, Google's shares dropped by 7.7% to $492.50. The software empire Microsoft took a similar beating, falling by 6.2% to $25.81 in response to its first earnings report since founder Bill Gates retired from day-to-day management. Microsoft's profits surged by 42% to $4.3bn on strong sales of Office and Windows packages but the company sounded a cautious note on challenging conditions. "It won't hurt us significantly," said chief financial officer Chris Liddell. "It's what I would described as a tough environment. It's clear other companies around us are suffering." In an evening of mixed news for the technology industry, IBM proved a bright glimmer by beating earnings forecasts with decent business in hardware and services. But the US chipmaker Intel learned that it faces new accusations from the European Commission over allegedly anti-competitive practices against rival Advanced Micro Devices. A statement of objections from the Commission alleged that Intel had paid computer retailers not to sell computers containing chips made by AMD, in addition to previous accusations that it behaved unlawfully in the wholesale market. The EU's executive body said all the different types of misbehaviour "reinforce each other and are part of a single overall anti-competitive strategy aimed at excluding AMD or limiting its access to the market".
The Guardian – Jul 17, 2008 10:34 PM [GMT] ¦ comment?
found in Technology
IBM shrugs off glocal economy fears
IBM, the world's biggest IT services company, shrugged off concerns about the global economy as it raised its full-year outlook and reported better than expected sales and profits for the second quarter
Financial Times – Jul 17, 2008 10:29 PM [GMT] ¦ comment?
found in Business: Companies
IBM, the world's biggest IT services company, shrugged off concerns about the global economy as it raised its full-year outlook and reported better than expected sales and profits for the second quarter
Financial Times – Jul 17, 2008 10:29 PM [GMT] ¦ comment?
found in Business: Companies
IBM Beats Estimates
Read full story for latest details.
TheStreet.com – Jul 17, 2008 10:18 PM [GMT] ¦ comment?
found in Business: Investing
Read full story for latest details.
TheStreet.com – Jul 17, 2008 10:18 PM [GMT] ¦ comment?
found in Business: Investing
Services, Software Keep Pace in IBM's Q2 Profit
Global services division delivered as well to help IBM to double-digit profits.
InternetNews.com – Jul 17, 2008 9:58 PM [GMT] ¦ comment?
found in Technology: Internet
Global services division delivered as well to help IBM to double-digit profits.
InternetNews.com – Jul 17, 2008 9:58 PM [GMT] ¦ comment?
found in Technology: Internet