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IBM 2Q Earnings Beat Estimates

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FBN’s Robert Gray breaks down IBM’s second-quarter earnings results.
Duration 0:56
Date Jul 18, 2012

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I'm Robert Gray with your Fox Business -- IBM's second quarter profit beat estimates though a stronger dollar reduced revenue below estimates.

The tech Bellwether boosted its full year 2012 earnings.

-- profit and revenue topped estimates the online marketplaces PayPal unit delivered a strong performance -- -- 13% more active registered users reported.

Then a year ago.

Qualcomm meanwhile disappointed investors with its third quarter results the company also slashed its profit outlook Qualcomm expects weakness for its three G -- -- device shipments for the remainder of the year.

And American Express provided a glimpse into the finance sector with -- second quarter results credit card processors topped forecasts on earnings but miss on revenue.

And a mixed bag for Yum! Brands company standing by its full year forecast though that -- -- from Fox Business giving you their power to prosper.

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IBM 2Q Earnings Beat Estimates

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