IBM RECEIVED $17.2 BILLION IN THE SECOND QUARTER BELOW MARKET EXPECTATIONS

ON 23 JULY, IBM COLLECTED $17.2 BILLION FOR THE SECOND QUARTER, COMPARED TO $16.98 BILLION FOR THE SAME PERIOD LAST YEAR, WITH A MARKET PROJECTION OF $17.77 BILLION. THE NET PROFIT OF Q2 WAS $2.17 BILLION, COMPARED TO $2,194 MILLION FOR THE SAME PERIOD LAST YEAR, WITH A MARKET PROJECTION OF $2,381 MILLION. Q2 EPS AMOUNTED TO $2.27, COMPARED WITH $2.31 FOR THE SAME PERIOD LAST YEAR, WITH A MARKET PROJECTION OF $2.44。