IBM Q3 profit a positive sign for tech sector

Posted on October 9, 2008 - 08:03 by AP via Yahoo

Shares of IBM jumped Thursday after the technology company's surprise announcement that it was still plenty prosperous in the third quarter despite the worsening economic climate. The Armonk, N.Y.-based company released its results more than a week ahead of schedule Wednesday to help stop a steep slide in its stock price and to offer some perspective to the broader market.

Read the complete story here.

Advertisement