"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.