IBM Earnings Beat Estimates –

IBM released their corporate earnings after the close of the market and the numbers beat analysts expectations.  The first quarter operating profit and revenue both exceeded estimates and sales increased by 7.7%.  IBM also increased their forecast for operating profits.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2011-04-19/ibm-boosts-2011-profit-forecast-beating-analysts-estimates-shares-jump.html

James Sutliff

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