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IBM raises `09 guidance again; customers still tightfisted but company expects to wring profit

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

IBM raises `09 guidance again; customers still tightfisted but company expects to wring profit

Posted: Oct 15, 2009 3:44 PM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: IBM raises `09 guidance again; customers still tightfisted but company expects to wring profit Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

IBM boosts guidance again even as sales fall SAN FRANCISCO â IBM Corp. has raised its full-year profit guidance again. The move is a sign that IBM is even more optimistic it can uncork more profit from its services and software divisions despite falling sales. The company's third-quarter results show that companies are still reluctant to spend money [...]

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