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Intel (INTC) and IBM (IBM) are expected to report contrasting fortunes when they release their...
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Tuesday, October 16, 2012, 7:55 AM ETIntel (INTC) and IBM (IBM) are expected to report contrasting fortunes when they release their Q3 earnings after the close today. Analysts estimate that Intel's EPS fell to $0.50 from $0.65 a year ago as revenue dropped 7.1% to $13.23B. IBM's EPS is seen rising to $3.61 from $3.28 but revenue slipping 3% to $25.36B. OptionMonster.com's Pete Najarian criticizes Intel for being late to mobile but praises IBM's "magnificent job" on acquisitions, cloud and data.
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