I.B.M. met 3rd-quarter profit estimates

Article Abstract:

International Business Machines earned $2 billion, $1.08 a share for its third quarter; this year's revenues grew 3% from last year which would have been a 6% increase were it not for decline in currencies in Europe and a lack of supply of electronic components for its hardware divisions, limiting sales of Unix equipment to 15% rather than 30%. The company saw losses in its desktop market. I.B.M. Global Services grew 4% for the quarter.

Europe, Office equipment and supplies industry, Office equipment industry, Reports, International Business Machines Corp., IBM, Joyce, John R.

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Dell earnings and revenue reported higher in quarter

Article Abstract:

Prior cost cutting moves at Dell Computer helped the company post strong earnings of $674 million for the last quarter compared to $483 million a year earlier. Revenue rose to $8.26 billion from $6.78 billion the previous year. Most of the revenue growth was from sales of server computers and data storage products. These strong results comforted investors who were worried about softness in the PC market.

Dell Inc., DELL

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Sun revises its estimates downward; storage providers also expect slower growth

Article Abstract:

A cutback on customer investment in computer equipment and the slowing US economy are at the forefront of revised earnings and sales data from Sun Microsystems. The company expects a growth in revenue of only 10 to 13% compared to last year's 35% and predicts seven to nine cents-a-share earnings instead of the projected 15 cents per share. Large data storage systems vendor EMC also projected slower growth for the year and the company's shares have fallen 47% in Feb. 2001.

Sales, profits & dividends, Computer Storage Device Manufacturing, Memories & Storage Devices, Computer storage devices, Computer peripherals industry, Sun Microsystems Inc., SUNW, Company sales/revenue, Company sales and earnings, EMC Corp. (Hopkinton, Massachusetts), Company earnings/profit, EMC

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