Tech earnings satisfy the Street

Companies representing the range of industries that make up the tech sector report earnings, with the majority bucking bearish concerns.

CNET News staff
2 min read
Companies representing the range of industries that now make up the technology sector reported earnings today, including Microsoft, IBM, Sprint, SAP, Texas Instruments, and RealNetworks. The majority managed to deflect fears that the bull market has run out of steam by either beating or meeting Wall Street's expectations.

Microsoft posts stellar earnings
update As it defends itself in a landmark antitrust trial in Washington, the giant kicks off its 1999 fiscal year with better-than-expected earnings.

IBM profits beat estimates
update Fueled by revenue growth in its server group and improvement in its PC unit, Big Blue posts better-than-expected third-quarter profits.

EMC surpasses estimates
Third-quarter earnings jump 51 percent as the company lengthens its lead in data storage products for larger computer systems.

CA beats Street
The software maker's fiscal second-quarter earnings grew 8 percent, exceeding Wall Street estimates by a healthy 4 cents.

Lexmark tops expectations
The company reports record third-quarter revenues and profits, thanks to a 25 revenue percent gain in inkjet and laser printers.

RealNetworks tops estimates
The multimedia streaming company trims its losses from the year-ago period and beats the Street's expectations with its third-quarter earnings report.

Telco earnings make the mark
Sprint, Qwest Communications, and BellSouth post their quarterly earnings, and Bell Atlantic will announce its earnings later today.

SAP earnings a reality check
Despite a significant increase in revenue, SAP's growth rates are starting to come out of the clouds and down to a more earthly level.

TI earnings beat expectations
update Texas Instruments reports third-quarter earnings that surpass Wall Street expectations and projects a stable performance in its fourth quarter.

Busy day for tech earnings
roundup Western Digital, Network Associates, Onsale, CompuWare, and Citrix report earnings.