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IBM raises `09 guidance again; customers tightfisted but company expects to wring more 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 tightfisted but company expects to wring more profit Posted: Oct 15, 2009 11:43 PM
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This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: IBM raises `09 guidance again; customers tightfisted but company expects to wring more profit
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IBM boosts '09 guidance again even as sales slump SAN FRANCISCO — IBM Corp. has jacked up its profit guidance for the second time this year, a sign of the company's confidence that it can uncork more profit from its business despite falling sales. The company's third-quarter results, reported after the market closed Thursday, show that corporations [...]

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