Strong Earnings at IBM, Intel, Sun Hint at Tech Recovery

IBM, Intel, and Sun posted robust earnings in the most recentquarter.

Paul Thurrott

January 22, 2004

1 Min Read
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IBM, Intel, and Sun posted robust earnings in the most recentquarter, leading some analysts to again ponder whether the techindustry is slowly pulling out of its slump. Intel reported recordearnings of $2.17 billion on sales of $8.74 billion, more thandoubling its take from the same quarter a year ago. IBM earned $2.7billion on revenues of $25.9 billion. And although Sun continued tolose money, its loss was far less than expected: The company reporteda $125 million loss on sales of $2.89 billion, far better than its$2.28 billion loss a year ago

About the Author

Paul Thurrott

Paul Thurrott is senior technical analyst for Windows IT Pro. He writes the SuperSite for Windows, a weekly editorial for Windows IT Pro UPDATE, and a daily Windows news and information newsletter called WinInfo Daily UPDATE.

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