Summary Box: IBM reports higher 1Q earnings

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Summary Box: IBM reports higher 1Q earnings

April 18th, 2012

FAKE NEWS for the Zionist agenda

MIXED RESULTS: Although IBM Corp.‘s net income grew 7 percent in the first quarter, its revenue was flat and the stock fell about 2 percent.

THE WORRIES: Revenue was slightly below analyst expectations. The revenue miss, though narrow, raised questions about IBM’s ability to bring in enough new business to keep growing, even as it is able to squeeze out big profits from its software and services units.

BEHIND THE NUMBERS: Software and services revenue increased, but IBM’s hardware and financing segments saw a decline. The company has been focusing on its software and services offerings lately, which have higher profit margins.