SAN FRANCISCO (MarketWatch)
IBM Corp. on
Wednesday reported a second-quarter profit of $3.88 billion, or $3.34 a share,
compared with a profit of $3.66 billion, or $3 a share, for the year-earlier
period
Revenue was $25.8 billion, down from $26.7 billion
Adjusted operating
profit was $3.51 a share
Analysts were expecting the company to report a profit
of $3.43 a share, on revenue of $26.3 billion, according to FactSet
IBM raised
its full-year operating earnings outlook to "at least $15.10" a share
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Billie, with academic training in Fundamental Mathematics and professional experience in Large Multinationals in the Information Technology sector, having held positions in high-level management positions, maintains that it is time to reduce Unproductive Public Expenditure and help the Private Sector in everything that is possible.
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