View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 13, 1988


By CBR Staff Writer

With earnings per share nearly 18% ahead at $1.53 on turnover up 10%, and sales 14.3% up, well ahead of expectations, IBM gave Wall Street a fillip yesterday morning. And while the tax rate was lower than this time last year at 40.6%, it was still two percentage points higher than the figure on which analysts had done their sums. IBM did not this time break out the effect of the sinking dollar in improving its dollar performance. The shares put on $1.625 at $115.25 by New York lunchtime on an otherwise dull morning with the Dow off 11. Details of the figures, pages 4, 5.

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.