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| Article Title: |
IBM revenue misses goal, but earnings climb |
| Source: |
TechWeb |
| URL: |
http://www.techweb.com/wire/finance/story/INV200010... |
| Date: |
18 Oct 2000 |
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Editor's Summary:
Falling short of Wall Street expectations, IBM reported a mere 3% increase in third quarter revenue. However, Big Blue’s net income rose 11% meeting investors expectations. The inability to meet the heavy demand for microelectronic components, a drop in demand for the System/390 family of servers, and problems with its sales force in its software business is being blamed for the shortfall. |
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