Arik Hesseldahl

Recent Posts by Arik Hesseldahl

IBM Shows Its Earnings Muscle

If there were any doubts that IBM could continue to maintain its earnings power, they were allayed today. Big Blue is just now out with its Q2 results, and it beat the consensus estimates handily.

Earnings were $3.09 per share versus the consensus $3.03, while revenue was $26.67 billion compared to the street’s $25.35 billion. It also raised its guidance for fiscal 2011, saying it expects to earn $13.25, up from the previous estimate of $13.15.

More as I go through the numbers.


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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus