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IBM Shapes Up for Software Growth

Posted by admin | Posted on 17-04-2012

Category : Stocks

Tags: deck, giant, hardware, intc, market, microsoft, numbers, qcom, report, research, storage

ARMONK, New York. (TheStreet) — IBM may not be as sexy as Apple, but Big Blue has plenty to offer investors ahead of its first-quarter results on Monday.

The IT giant, which releases its numbers after market close, often sets the tone for tech earnings season, as evidenced by the company’s last quarter when IBM cited strength in emerging markets and enterprise software.

IBM reports its first-quarter results after market close on Tuesday.

With software giant Microsoft, chip makers AMD and Qualcomm and storage giant EMC all on deck to report results this week, tech investors will be closely monitoring IBM’s numbers.

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