February 18, 2007
Tech investors get mixed news
Tech investors recently received good news and bad news. The good news was that IBM reported a better-than-expected result for the July to September quarter.
IBM said that the profit rose to a high of $1.7 billion for the quarter.
On the other hand, the bad news was that Apple Computers reported that their loss of $45 million was the highest in the past two years. AMD, which produces chips, also reported that their losses were more than double of past years from $97.4 million to $254.2 million.
The mixed news has received mixed reviews and thoughts from various investors.
This post was contributed
by sven tirous.
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February 20th, 2007 at 6:47 pm
Tech investors get mixed news…
Interesting news for tech investors…