IBM exceeded profit expectations

IBM withdraws with a profit increase of 28 per cent to respect of a year before at the malaise in the computer industry. The volume of trade increase amounted to 6 per cent. The quarter volumes of trade was 25.6 billion dollar.

That was had played better then analysts. That a profit had expected per share of $ 1.46. It became finally two dollar penny more. John Joyce, vice-president of IBM and responsibly for the financin, showed self then also satisfied.

about the whole year 2000 alley the profit with 16 per cent to 8.1 billion dollar. The profit per share was $ 4.44. The volume of trade amounted to 88.4 billion dollar, an increase of 1 per cent.

According to Joyce is the risen profit the consequence of the changed market situation. There arises more interest for the services that IBM offers. IBM addresses always more on the furnishing of services instead of on the production of tangible products.

Joyce warned that it yet too early is something to say about the results in 2001. we better no glass ball have then you, he loved its hearing financile analysts for. The expectations of analysts is that IBM will get in 2001 a volume of trade of more than 95 billion dollar. The profit per share will rise predict to $ 4.99, the analysts.


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IBM builds Linux-supercomputer for Shell (13 December 2000)


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