IBM On a Tear: Google, Microsoft - Not So Much

Courtesy DaniWeb IT Discussion Community (Featured Entries)  Fri, 07/18/2008 - 08:53

A host of tech earnings results are pouring in from all corners, with some confidence-building numbers coming from United Technologies, Nokia and (especially) IBM.

Others were a mixed bag. Microsoft checked in with better-than-expected sales of $15.84 billion for the quarter and earnings-per-share (46 cents) was in the range of analyst expectations.

But Microsoft projects a softer year financially than most investors had anticipated, so weak guidance may be the culprit behind Microsoft’s stock being down 5% in after hours trading.

It’s slightly worrisome to hear a big dog like Microsoft...

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