Despite IBM profits, a tech gloom still looms
October 9th, 2008 By JORDAN ROBERTSON , AP Technology Writer(AP) -- Even after IBM Corp. surprised Wall Street with a healthy profit in the third quarter and a reaffirmation of its earnings outlook for the rest of the year, the broader technology sector dived again Thursday. There's just not enough of what lifted IBM to go around.
Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .
Similar stories from PHYSorg:
IBM stumbles on 1Q sales dip; profit beats Street
Apr 20, 2009 |
not rated yet |
0
Cisco earnings fall 21 pct but beat expectations
May 06, 2009 |
not rated yet |
0
Microsoft feels more recession fallout, sales drop
Apr 23, 2009 |
1 / 5 (2) |
0
IBM backs full-year profit forecast
May 14, 2009 |
not rated yet |
0
SEC launches formal probe of IBM accounts
Jan 13, 2006 |
1 / 5 (3) |
0
