Earnings Alert: IBM Corp. (IBM)

<p>IBM Corp. (IBM) ended the second quarter with $7.8B cash on hand. The IBM earnings report indicated $2.31 in EPS and $15.54B in revenue, beating the estimates. However, the IBM stock price was trading lower in the after hours session. "Total return on the IBM stock has been 5% this year. As soon as investors want growth stocks again, they will shift away from IBM," says George Tsilis.</p><p><br></p>