IBM Q4 2012 Earnings: Cloud Computing, Smarter Planet Solutions And Business Analytics Drove Significant Profits
January 23, 2013
Grazed from DazeInfo. Author: Abhishek Singh.
IBM Q4 2012 earnings report is now globally available. The company has reported a GAAP net income of $5.8 billion for Q4 2012, up 6% from the same quarter of the previous year. On the other side, its Non-GAAP net income was $6.1 billion in Q4 2012. Last year, the company outstandingly performed in BRIC countries–Brazil, Russia, India and China. Really, Q4 2012 was one of the best quarters for the company over the last couple of years.
IBM Q4 2012 Earnings:
IBM has reported revenues of $29.3 billion in Q4 2012, down 1% from $29.5 billion in Q4, 2011. The company’s earnings per share were $5.39 in Q4 2012, up from $4.71 billion in the last year. Furthermore, the company’s net income for the year, ended December 31, 2012 – was $16.6 billion, increased from $15.9 billion from the prior year. In addition, operating (non-GAAP) net income was $17.6 billion in Q4 2012, up 8% from $16.3 billion in 2011…
Non-GAAP diluted earnings for the quarter ending December 2012 were $15.25 per share, compared with operating diluted earnings of $13.44 per share in 2011. The company’s non-GAAP diluted earnings surged by 13% Y/Y in 2012, and this was the company’s tenth consecutive year of double-digit EPS growth. The company has reported software revenues of $7.9 billion for Q4 2012, up 3.5% Y/Y…
Read more from the source @ http://www.dazeinfo.com/2013/01/23/ibm-q4-2012-earnings/