Tech
IBM Unveils Eco-Friendly Chips
IBM may need to carve out new revenue streams during the coming months. Despite the hardware and software giant's recent strong fourth-quarter results and bullish 2010 guidance, there are concerns that the recession could impact IT spending throughout this year.
The Armonk, N.Y., firm has also been a victim of the recent slump in tech stocks, falling from $134.14 on January 19. to a closing price of $123.52 on Friday. -- Reported by James Rogers in New York Follow James Rogers on Twitter and become a fan of TheStreet.com on Facebook.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
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10.02 |
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0.44 |
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SPDR Gold
151.62
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-2.71%
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