Tuesday, January 20, 2009

IBM earning

Inernational Business Machines reported earnings that easily beat estimates and gave guidance for the current year that was ahead of analysts' consensus view.

The computing services and software giant reported a profit of $3.28 a share in the fourth quarter on sales of $27.01 billion, compared with a profit of $2.80 on a topline of $28.87 billion last year.

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