Share on StockTwits

Wall Street is giving its early approval of a new enterprise deal between tech titans Apple and IBM. Shares climbed 2.59% in pre-market trading after announcing a partnership with IBM to get more iPhones and iPads into the enterprise space. It’s a busy week for IBM, which reports second quarter earnings Thursday. Last quarter, earnings plunged 21%, while its revenue dipped 4% to $22.5 billion. Estimates call for a second-quarter earnings per share of $4.29 off revenue of just over $24 billion.



“Apple, IBM Shares Jump Off Partnership” is categorized as “science and technology”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.