internetnews.com: Big Blue Crushes Estimates
Jul 19, 2005, 13:45 (0 Talkback[s])
(Other stories by Paul Shread)
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"Judging from its second-quarter results, divesting its PC
business may have been a good move for IBM.
"IBM reported second-quarter results after the close on Monday,
and while revenues declined 3.6% from the year-ago quarter to
$22.27 billion, diluted earnings shot up 10.9% to $1.12 a share,
beating analysts' estimates by nine cents..."