{"id":463536,"date":"2011-07-18T20:33:35","date_gmt":"2011-07-18T20:33:35","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/"},"modified":"2011-07-18T20:33:35","modified_gmt":"2011-07-18T20:33:35","slug":"ibm-profits-up-on-computer-sales","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/","title":{"rendered":"IBM profits up on computer sales"},"content":{"rendered":"<p><div readability=\"50.2033271719\"><span><span>18 July 2011<\/span> <span>Last updated at<\/span> <span>16:33 ET<\/span><\/span><\/p>\n<p>International Business Machines (IBM) reported second quarter net income up 8% on the same quarter last year.<\/p>\n<p>The rise was fuelled by strong growth in sales of both its computers and software.<\/p>\n<p>IBM, the world&#8217;s biggest maker of mainframe computers, made $3.66bn (\u00a32.27bn), compared with $3.39 billion a year earlier.<\/p>\n<p>IBM raised its prediction for full-year earnings for the second quarter running.<\/p>\n<p>Revenue at the 100-year-old company was 12% higher at $26.7bn.<\/p>\n<p>Although the figures beat expectations, IBM&#8217;s shares fell slightly on the results.<\/p>\n<p>Kim Caughey Forrest, senior analyst at Fort Pitt Capital Group, said: &#8220;I&#8217;m a little confused as to why the shares are down because the margins were very strong and the revenue, especially in the second quarter when you expect softer revenue, makes it look like they did well in the quarter.&#8221;<\/p>\n<\/div>\n<p>Go here to see the original:<br \/>\n<a target=\"_blank\" href=\"http:\/\/www.bbc.co.uk\/go\/rss\/int\/news\/-\/news\/business-14195443\" title=\"IBM profits up on computer sales\" rel=\"noopener noreferrer\">IBM profits up on computer sales<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> 18 July 2011 Last updated at 16:33 ET International Business Machines (IBM) reported second quarter net income up 8% on the same quarter last year. The rise was fuelled by strong growth in sales of both its computers and software. IBM, the world&#8217;s biggest maker of mainframe computers, made $3.66bn (\u00a32.27bn), compared with $3.39 billion a year earlier. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-463536","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IBM profits up on computer sales - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"IBM profits up on computer sales - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"18 July 2011 Last updated at 16:33 ET International Business Machines (IBM) reported second quarter net income up 8% on the same quarter last year. The rise was fuelled by strong growth in sales of both its computers and software. IBM, the world&#039;s biggest maker of mainframe computers, made $3.66bn (\u00a32.27bn), compared with $3.39 billion a year earlier.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"IBM profits up on computer sales\",\"datePublished\":\"2011-07-18T20:33:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/\"},\"wordCount\":158,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/\",\"name\":\"IBM profits up on computer sales - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"datePublished\":\"2011-07-18T20:33:35+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IBM profits up on computer sales - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/","twitter_card":"summary_large_image","twitter_title":"IBM profits up on computer sales - Ghanamma.com","twitter_description":"18 July 2011 Last updated at 16:33 ET International Business Machines (IBM) reported second quarter net income up 8% on the same quarter last year. The rise was fuelled by strong growth in sales of both its computers and software. IBM, the world's biggest maker of mainframe computers, made $3.66bn (\u00a32.27bn), compared with $3.39 billion a year earlier.","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/"},"author":{"name":"","@id":""},"headline":"IBM profits up on computer sales","datePublished":"2011-07-18T20:33:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/"},"wordCount":158,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/","url":"https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/","name":"IBM profits up on computer sales - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"datePublished":"2011-07-18T20:33:35+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/07\/18\/ibm-profits-up-on-computer-sales\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/463536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=463536"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/463536\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=463536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=463536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=463536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}