IBM (IBM) Issues Short-Term Says Sterne Agee
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IBM (IBM) Q1 'Very Disappointing', Not Good Sign for Hewlett-Packard (HPQ)
April 19, 2013 11:02 AM EDTYesterday tech darling IBM (NYSE: IBM) reported Q1 results, and they weren't good. IBM missed consensus on both the top and the bottom line, leading analyst Bill Shope of Goldman Sachs to described the quarter as "very disappointing."
"Despite IBM's miss, we continue to... More
Lower Tax Rate Saved IBM (IBM) From Horrible 'Miss' - BMO
April 19, 2013 8:05 AM EDTBMO Capital reiterated a Market Perform rating on IBM (NYSE: IBM) following Q1 results.
Analyst Keith Bachman comments that while IBM indicated that deals slippage was caused by execution issues, they are not so sure noting that Oracle, Accenture, and... More
IBM (IBM) Misses Q1 EPS by 5c, Sales Fall 5%
April 18, 2013 4:06 PM EDT(Updated - April 18, 2013 4:21 PM EDT)
IBM (NYSE: IBM) reported Q1 EPS of $3.00, up 8% from last year but $0.05 worse than the analyst estimate of $3.05. Revenue for the quarter fell 5%, or 3% adjusting for currency, to $23.4 billion versus the consensus estimate of $24.69 billion.
In addition, the firm noted free cash... More
