PDA

View Full Version : Tech titans Intel, IBM cite soft 4th-quarter revenue


RobertoOrtiz
01-19-2006, 09:26 PM
Quote:
"Tech giants Intel (INTC) and IBM (IBM) reported disappointing fourth-quarter revenue Tuesday, getting the corporate earnings season off to a dismal start.
Intel, the world's largest chipmaker, reported revenue of $10.2 billion, below its own estimate of $10.4 billion to $10.6 billion.

IBM, which sells everything from computer components to consulting services, reported revenue of $24.4 billion. That was well below the $25.5 billion Wall Street analysts on average had expected. After hours, IBM shares were unchanged at $83.
"
>>LINK<< (http://news.yahoo.com/s/usatoday/20060118/tc_usatoday/techtitansintelibmcitesoft4thquarterrevenue;_ylt=At4X1jBmhYEaKvQ_nIYr0Aus0NUE;_ylu=X3oDMTA3cjE0b2MwBHNlYwM3Mzg)

-R

opus13
01-19-2006, 09:30 PM
intel misses its projection by less than 4%, IBM misses by less than 3%. although the sums are large, less than 5% deviation from a forecast hardly seems much to get upset over.

CGTalk Moderation
01-19-2006, 09:30 PM
This thread has been automatically closed as it remained inactive for 12 months. If you wish to continue the discussion, please create a new thread in the appropriate forum.