IBM Up 6% on Q4 Beat: Street Cheers Predictable Profitability
Posted on January 23, 2013 at 10:37 AM EST
Shares of International Business Machines (IBM) are up $11.43, or almost 6%, at $207.51 after the company last night beat Q4 revenue and earnings per share estimates, and projected this year’s earnings per share above consensus. Every area of the company’s business declined, including services, hardware and financing, except for the company’s software business, which [...]