IBM Reports Strong Software, Services Results
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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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Stocks rose on Monday after strong results from IBM  relieved concerns about the global economy and spurred a broad rebound from last week's slide.
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IBM is moving aggressively into the software space.
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Stocks ended higher on Monday, helped by strong results from IBM  that eased worries about the economy and sparked a rebound after last week's losses.
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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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IBM (IBM) and the rest of the tech industry might have a better year than most onlookers expected. IBM&#39;s third-quarter earnings, released after US markets closed Monday, rose 15% from
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IBM (NYSE: IBM) today announced that analyst firm, Gartner Inc., rated its Data Center Outsourcing capabilities as a "Strong Positive" service in its July 26, 2006 "MarketScope for Data Center Outsourcing, North America" report.
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The company's productivity gains and bundled service strategy are driving results.
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Second-quarter earnings at International Business Machines Corp. rose 12 percent and beat Wall Street forecasts Wednesday, largely on the strength of IBM's software division and improvement in its services unit.
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Strength in the software giant&#39;s mainstay product powered a healthy quarter. Weakness elsewhere shows why PeopleSoft is a target.
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International Business Machines  Corp. IBM.N on Tuesday posted a quarterly net profit that  beat Wall Street's recently raised target as solid year-end  product sales were buoyed by a weaker U.S. dollar.
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Key investments are starting to pay off for the enterprise software operator.
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IBM  reported a better- than-expected 24 percent rise in preliminary quarterly earnings on Monday on strong sales in overseas markets, driving its shares up 5 percent and spurring a broader tech rally.
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PC Magazine - IBM provides software, hardware and services to enable financial services firms to support high-performance computing and grid systems.
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InfoWorld - IBM released SOA products&#160;for integrating software applications and improving business processes, and said more customers are starting to understand the SOA concept.
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TechWeb - IBM and BEA Systems are expanding their consulting services for companies ready to build service-oriented architectures.
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Oracle (Nasdaq: ORCL), the world's second-largest software vendor, has beaten Wall Street analysts' expectations with its first-quarter results, due to strong sales of its  database software.