IBM shrugs off industry blues in Q3
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IBM dispelled some of the gloom surrounding the tech industry&#39;s third quarter performance yesterday, when it reported strong results for the period and raised expectations for the full year performance on the back of the just finished period.
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IBM reported a 6 percent increase in profit for its fiscal third quarter as a strong performance from its services business offset a slide in hardware revenue.
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Already on a tear lately, shares of International Business Machines Corp. got another bounce after the technology company reported a 12 percent jump in quarterly earnings and improved its outlook for the rest of the year.
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InfoWorld - IBM shored up commitment to its mainframe computing platform Thursday with a series of new technologies, investments in emerging markets, new industry-focused solutions, and new partnerships.
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SAN JOSE, Calif. - Despite an apparent slowdown in the IC market, IBM Corp. plans to boost the wafer output within its 300-mm fab over the next quarter, according to the company on Monday (Oct. 18).
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Despite strong growth in software sales at IBM, only certain parts of the enterprise software market are set to rebound this year.
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IBM  on Thursday forecast 2008 earnings well ahead of Wall Street expectations after results showing a strong international performance, and its shares rose 5 percent.
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Shares of IBM  gained 4 percent on Tuesday after the world's largest computer company posted third-quarter results that marked a recovery from a weak second-quarter performance, Wall Street commentators said.
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IBM  reported  better-than-expected preliminary quarterly results on Monday on  strong performances in Asia, Europe and emerging markets,  driving its shares up 10 percent and spurring a broader tech  rally.
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International Business Machines Corp. topped fourth-quarter expectations by a healthy margin, with strong overseas sales and a weak dollar helping to generate a profit of &#36;3.04 billion.
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IBM on Thursday provided more details of its robust fourth-quarter and 2007 financial performance, following an early preview of the figures on Monday.
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German semi-conductor giant Infineon posted its first annual profit in three years, but issued a downbeat outlook for the months to come.
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IBM&#39;s new four-year storage strategy, laid out last week, came with a few surprises. First, the talk was all about gee-whiz hardware and lower costs, not related services.
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Big Blue, now No. 3 in this hot market, is launching a new product line that has the potential to shake up the industry. Over the past four years, IBM (IBM ) used its engineering chops to take the lead in the
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IBM  on Thursday forecast  2008 earnings well ahead of Wall Street expectations after  results showing a strong international performance, and its  shares rose 5 percent.
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IBM , the world's largest technology services company, on Wednesday posted a 12 percent jump in quarterly profit and raised its 2007 earnings forecast as revenue surged on software-company acquisitions.
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2008 looking okay too IBM did its best to calm fears of an imploding economy by posting strong fourth quarter results and issuing an optimistic take on the months to come.â¦