International Business Machines (NYSE: IBM) reported their 2Q earnings after the close and boy did they deliver. Revenue came in $1 billion more than expected, is that a typo? No it isn’t, in fact they also raised their guidance for the year to at least $13.25 per share from a prior projection of $13.15 per share. Now that’s the top line growth that I have been looking for and a much welcomed sight. Just like Google (NasdaqGS: GOOG) last week, hopefully this stellar report can calm the markets most recent fears.
Powerhouse Apple Inc. (NasdaqGS: AAPL) reports tomorrow and I am certainly very interested in what they report, and more importantly what their future outlook is.
Good luck to all.