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Photo from Yahoo! IBM posts profit above expectations, raises outlook
Reuters - IBM reported a higher quarterly profit far ahead of Wall Street targets and raised its 2008 forecast, buoyed by higher sales in services, hardware and software.
Yahoo!  –  Jul 17, 2008 9:36 PM [GMT]  ¦  comment?
found in Technology
IBM profit jumps 22%, beats forecast
IBM said Thursday that its second-quarter profit leaped 22%, blowing past Wall Street's estimates as its bread-and-butter services ...
USA Today  –  Jul 17, 2008 8:50 PM [GMT]  ¦  comment?
found in Business
IBM Profit Beats Forecast On Growth In U.S., Abroad
IBM reported a higher quarterly profit Thursday, easily beating expectations as earnings were buoyed by higher sales in the economically troubled United States and abroad due to growth in services, hardware and software.
Information Week  –  Jul 17, 2008 8:47 PM [GMT]  ¦  comment?
found in Technology: Computer
IBM 2Q profit jumps 22%, beats forecast
Associated Press - July 17, 2008 4:44 PM ET SAN FRANCISCO (AP) - IBM Corp. says its second-quarter profit leaped 22%. It blew past Wall Street's estimates as its bread & butter services...
KTVN.com  –  Jul 17, 2008 8:44 PM [GMT]  ¦  comment?
found in Local: Nevada: Reno
IBM earnings rise more than 22%
SAN FRANCISCO (MarketWatch) -- IBM Corp. on Thursday reported a second-quarter profit of $2.77 billion, or $1.98 a share, up from $2.26 billion, or $1.55 a share in the same period a year ago. Revenue rose almost 13% to $26.82 billion from last year's sales of $23.8 billion. Analysts surveyed by FactSet Research had forecast IBM to earn $1.81 a share on $25.9 billion in sales. Among its business areas, IBM said software sales rose 17% from a year ago, while global services remained IBM's biggest revenue generator with sales of $15.2 billion, and the company signed new services deals worth $14.7 billion. IBM Chief Executive Sam Palmisano said in a statement that the company was raising its 2008 earnings estimate of $8.75 a share, from $8.50 a share, and stuck by IBM's long-term forecast of a profit of $10 to $11 a share for its 2010 fiscal year.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com  –  Jul 17, 2008 8:41 PM [GMT]  ¦  comment?
found in Business: Markets
IBM's Profit Surges 22%
IBM's profit jumped 22% as revenue grew globally, implying big business and government haven't pulled back on capital spending despite a weak economy.
Wall Street Journal  –  Jul 17, 2008 8:37 PM [GMT]  ¦  comment?
found in Technology
IBM profit surges past expectations
Read full story for latest details.
CNNMoney.com  –  Jul 17, 2008 8:34 PM [GMT]  ¦  comment?
found in Business: Companies
IBM Blows Away Estimates
Profit jumps more than 22%.
TheStreet.com  –  Jul 17, 2008 8:34 PM [GMT]  ¦  comment?
found in Business: Investing
IBM profit rises on growth abroad
Second-quarter earnings rise 22 per cent, beating analyst forecasts; currency gains boost growth rate
The Globe and Mail  –  Jul 17, 2008 8:30 PM [GMT]  ¦  comment?
found in Technology
IBM ups 2008 earnings target again
AP - IBM Corp. its raising its profit targets for the year — again.
Yahoo!  –  Jul 17, 2008 8:26 PM [GMT]  ¦  comment?
found in Technology