Tag: Ginni Rometty

IBM Raises Forecasts as Company Beats Q2 Estimates

IBM Raises Forecasts as Company Beats Q2 Estimates

    International Business Machines Corp.  (NYSE:IBM), the world’s largest provider of information technology products and services, raised its expectations for the full year 2012, after reporting a 6 percent increase in earnings during the second quarter. The company gained $3.9 billion or $3.34 per share during the past three months ending in June. The result is higher than its $3.7 billion, or $3 per share earnings, during the same period in 2011. Its total revenue was down by 3 percent to $25.8 billion. The company cited the currency adjustment as the main reason that brought $1 billion worth of […]