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IBM boosts 2009 guidance; numbers say more about IBM's execution than better market conditions

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
IBM boosts 2009 guidance; numbers say more about IBM's execution than better market conditions Posted: Jul 17, 2009 7:31 AM
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Original Post: IBM boosts 2009 guidance; numbers say more about IBM's execution than better market conditions
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IBM sees better profits for 2009 SAN FRANCISCO — IBM Corp. has proved a rare animal in the recession. Like everyone else, its sales have been hurt. Profit margins, though, have only gotten better and better, and on Thursday IBM ramped up its full-year earnings forecast. It was a rare sign of confidence for a major corporation these [...]

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