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<title>Haaze.com / Oxford / All</title>
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<pubDate>Tue, 19 Apr 2011 07:10:53 +0000</pubDate>
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<title><![CDATA[IBM's first quarter shines, 2011 outlook raised]]></title>
<link>http://www.haaze.com/story.php?title=ibms-first-quarter-shines-2011-outlook-raised</link>
<comments>http://www.haaze.com/story.php?title=ibms-first-quarter-shines-2011-outlook-raised</comments>
<pubDate>Tue, 19 Apr 2011 07:10:53 +0000</pubDate>
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<category>Business &amp; Finance</category>
<guid>http://www.haaze.com/story.php?title=ibms-first-quarter-shines-2011-outlook-raised</guid>
<description><![CDATA[IBM reported strong first-quarter earnings as most of its businesses and product lines delivered solid growth. Big Blue also raised its outlook for 2011.The company reported earnings of $2.9 billion, or $2.31 a share, on revenue of $24.6 billion, up 8 percent from a year ago. Non-GAAP earnings were $3 billion, or $2.41 a share. Wall Street was looking for IBM to report first-quarter earnings of $2.30 a share on revenue of $24.02 billion.As for the outlook, IBM projected 2011 non-GAAP earnings of at least $13.15 a share. Wall Street was expecting earnings of $13.08 a share.Read more of &quot;IBM's first quarter shines, 2011 outlook raised&quot; at ZDNet's Between the Lines.<br/><br/>0 Vote(s) ]]></description>
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