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back to article Currency flux incapacitates IBM's Q4 sales

The fact that IBM's $29.5bn in sales in the fourth quarter (up 1.6 per cent) was about $200m shy of Wall Street's expectations was not as big a deal to the company's top brass as the fact that net income of $5.5bn was up 4.4 per cent and higher than the Street anticipated. Why? Simple. As it has proved in the past decade as it …

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Anonymous Coward

So why is HP doing so poorly?

I just saw Intel disbanded the Itanium solutions alliance. itaniumsolutions.org

so much for the $10 billion dollar commitment a few years ago.

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Headmaster

"capacitates" is errorational

Profits don't have any capacity so so cannot be capacited.

If you are going to use obscure English then at least make sure its correct usage.

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Black Helicopters

So... TPM is honest with his biases, huh?

Oracle increases revenues by 2% and net revenues grow by 17%, so TPM's headline is "Oracle hammered as hardware sales soften: Software sales flaccid, as well".

IBM increased revenues by 1.6% and net revenues grow by 4.4%, and TPM's headline is "Currency flux capacitates IBM's Q4 sales: Earnings better than expected".

Is it possible to be more obviously biased? Really, you should just go work for IBM and be done with it. It would be funny if... well, I guess it is pretty funny.

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Anonymous Coward

Did you see the stock price?

IBM is up 2.7% or $4.88 in after hours. After oracle's earnings report they were down 13.6%

TPM is reporting the news....while Oracle wants to think he is biased when the news is not good...he also reports things bad about IBM, HP and Dell. We just don't cry about it.

Other news on that day when Oracle got kicked for focusing on hw to the detriment of their sw business.

What Oracle did to the NASDAQ

In early going, the market is falling, although the first thing to bear in mind is that the Dow was up over 300 points yesterday, so we need to put things into context.

That being said, the Dow is off 50, and the NASDAQ is off 1.4% in large part due to Oracle.

The stock is off 13.6% in the wake of a bad earnings report.

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tpm
(Written by Reg staff)

Re: Did you see the stock price?

Actually, the title was supposed to be "currency flux incapacitates."

Fixed now.

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