IBM, poor performance shares with big expectations
IBM still holding
its traditional PC manufacturing, this technology giant became weaker due to
the rise in laptops users’ numbers and lifting the PC for narrow cycle of users
especially against Macintosh
PC’s. And its low
profit levels in the third quarter of 2013.
International Business Machines Corp. (IBM) shares retreated
1.14 percent reaching $183.24 per share as Barclays PLC lowered its
recommendation, while the expected at early 2013 is a growth by 1.7 percent on
stakeholders wealth.
Last week IBM got the fourteenth place
on the performers list of Dow Jones index out of 30 companies in that list,
sense average decline of Dow Jones is 1.1; the IBM shares are almost at the
intermediate figure of change.
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