Four Tech Giants to Release Quarterly Earnings 0
Between now and Thursday’s closing bell, IBM (IBM), Yahoo! (YHOO), Microsoft (MSFT), and Apple (AAPL) will have all released their quarterly earnings.
Just last week, Intel (INTC) and Nokia (NOK) reported steep decreases in their earnings in comparison to last year. Early word says to expect similar results from the four aforementioned companies.
Analysts project IBM to increase their earnings per share by 1%, but to record a 8% decrease in revenue (to $22.5 billion) from last years first quarter results.
Similarly, Wall Street analysts expect search engine giant Yahoo! to see a decrease in their first quarter revenue of … Read the rest