IBM Beats; Revenue Down 1% To $29.3B; Net Income Up 6% To $6.1B

IBM just released its Q4 2012 financials. The company's GAAP net income came in at $5.8 billion, up 6% from last year. Non-GAAP net income was $6.1 billion. Overall, the company reported revenue of $29.3 billion, down 1%. Earnings per share were $5.39 compared to $4.71 per share in the fourth quarter of 2011, an increase of 14 percent.

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