Big Blue Is in the Pink
A fiscal year that included a major black eye for IBM (IBM) ended on a more upbeat note, as the company reported better-than-expected fourth-quarter earnings on Jan. 17. Profit from continuing operations was $3.2 billion, or $2.01 a share, 7 cents per share higher than analysts were expecting. Excluding a one-time charge for pension changes, income for the quarter increased 19%.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.