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$IBM 2Q15 Call: 1H15 revenue was over $40Bil, operating net income was $6.7Bil and operating EPS was $6.75. 2Q15 revenue dropped less than 1% and was essentially flat for 1H15, excluding impact of currency and divested businesses. Revenue from strategic imperatives was up more than 30% in 2Q15 and up over 30% for 1H15.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.