With its third quarter results due today, IBM Corp is expected to announce earnings per share of about $2.43 according to First Call’s average. That’s up $0.13 per share on last year. Hardware revenues are expected to grow across the board with the exception of mainframes, in transition as the company moves to CMOS technology. […]
With its third quarter results due today, IBM Corp is expected to announce earnings per share of about $2.43 according to First Call’s average. That’s up $0.13 per share on last year. Hardware revenues are expected to grow across the board with the exception of mainframes, in transition as the company moves to CMOS technology. Analysts reckon the company will also include about $200m in infrastructure reduction costs, but it will not be represented as a charge. Services are expected to grow about 20%. á
