18 January 2001, 10:23  IBM fourth-quarter earnings beat Wall Street estimates

New York--Jan. 17--International Business Machines Corp. (US;IBM) said after the closing bell that its fourth-quarter earnings rose 28%, beating Wall Street forecasts by two cents. The leading computer maker posted earnings for the period of $2.7 billion, or $1.48 per share, up from $2.1 billion, or $1.12, a year ago. Analysts polled by First Call/Thomson Financial had been expecting $1.46 per share.

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