IBM's Strong Preliminary Results For Q4

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IBM's Strong Preliminary Results For Q4

By AP (via Yahoo), published on January 14, 2008 at 5:00 PM
Source: Tom's Guide US | Keywords: ibm, revenue | Themes: Business, Desktop Computers

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Computer server and software maker IBM said Monday its fourth-quarter earnings from continuing operations rose 24% from a year ago (to $28.9 billion), beating Wall Street expectations by a wide margin.The preliminary report, released in advance of its planned earnings report set for Thursday, sent its shares up 6% in morning trading. IBM said the weaker dollar helped to push revenue up 10%.

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