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International Business Machines Corporation Message Board

  • dancinggator1 dancinggator1 Jul 25, 2013 7:37 PM Flag

    A write up From The Investors Place ... what do you think ? Sell or Hold ?

    IBM (IBM) reported earnings that actually were pretty solid at first glance, unlike some of the other tech giants that have missed the market lately. But IBM earnings details showed signs of concern for investors.

    If you’ll remember the previous earnings miss at IBM in April, it was a falloff in IBM’s hardware business that spooked investors and sparked a double-digit decline in the stock.

    And this time around, we saw continued softness in hardware as IBM earnings showed its Systems and Technology segment saw revenue down 12% year over year. Management itself called hardware sales “mixed” on the quarter in the earnings call, signaling that there might be a long-term problem.

    And let’s not forget that overall revenue was down again, marking the fifth consecutive quarter of top-line declines for the tech giant. Software sales were decent, yes, but hardware is where the big money is.

    Furthermore, on the heels of a big earnings miss and ugly guidance at rival Accenture (ACN), it might be overly optimistic to think consulting revenue is going to pick up the slack at IBM in the second half.

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    • Or Buy -- duh.
      Going higher, 200 plus next week.

      Sentiment: Buy

    • Your post title denies the fact that it could/should include a BUY ? No ? As evidenced in light of known factual data that you offered, many institutions are BUYing or did you not notice that? Are these institutions just stupid or might it eventually be a fact that when IBM reaches 220 or so, the pundits will justify that price ? Its happened before. Many stocks/corporations's prices are based on the future hope that they will out perform. IBM is one of those. Based solely on your data, I would SELL. But who are you? Besides, the market does not react to the obvious data that everyone knows about. Wouldn't that be too easy to invest in a stock by going by known observations?

 
IBM
188.00+0.30(+0.16%)Jul 11 4:00 PMEDT

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