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IBM misses memo on economic slowdown during Q2

Discussion in 'News' started by Echo419, July 18, 2008.

  1. Echo419

    Echo419 FS Owner

    IBM has yet again shrugged off the global economic slowdown with second quarter profits leaping 22 per cent and revenues rising.

    Although improvements were reported across most operations, IBM's bread-and-butter services division was the star of the show.

    "I've got to say that this is one of the best quarters I've ever seen," said CFO Mark Loughridge, during the companies quarterly investor conference call.

    [​IMG] View Full Article: The Register
     

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