Category Archives: Free cash flow
IBM Reports 22nd Consecutive Quarter Of Declining Sales, “Beats” EPS On Drop In Effective Tax Rate
Last quarter, IBM – once again – almost fooled the market when it “beat” but only thanks to using the lowest (until then) effective non-GAAP tax rate in recent history (excluding one charge-filled quarter when the rate was negative and thus N/M). Fast forward to this quarter when IBM has done it, or at least […]
Netflix Is Spending Twice As Much As Amazon On Content
When it comes to Netflix and its stratospheric (forward) valuation, the thesis is simple: the company is (so far) the undisputed leader in the arena of internet streaming. As the LA Times summarizes, the global streaming giant today boasts impressive stats: 104 million subscribers worldwide, up 25% from last year and almost quadruple from five […]