IBM and Google

IBM is not a GDT::Portfolio stock, but I'm a fan of IBM. IBM reported 3Q'12 results on 02012.10.16. The following are a couple of items from the company's press release.

"IBM ended the third-quarter 2012 with $12.3 billion of cash on hand and generated free cash flow of $3.1 billion, excluding Global Financing receivables, down approximately $0.3 billion year over year. The company returned $4.0 billion to shareholders through $1.0 billion in dividends and $3.0 billion of share repurchases."

IBM’s tax rate was 24.6%.

Google (GOOG) closed yesterday 02012.10.17 at $755.49. Google reports 3Q'12 results after the market closes today (02012.10.18).