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IBM's Q2 profit up 12 percent

11:00 - Thursday 19 July 2007 by Wolfgang Gruener
Source: Tom's Hardware – Keywords: IBM, profit, Q2 Category : Miscellaneous

Second-quarter earnings at International Business Machines rose 12% and beat Wall Street forecasts Wednesday, largely on the strength of IBM’s software division and improvement in its services unit. From April through June, the Armonk, N.Y.-based technology bellwether earned $2.26 billion, $1.55 per share, on revenue of $23.8 billion.

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